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ipn [44]
3 years ago
8

Jolly Company produces hula hoops. Jolly Company has the following sales projections for the upcoming​ year: First quarter budge

ted hula hoop sales in units Second quarter budgeted hula hoop sales in units Third quarter budgeted hula hoop sales in units Fourth quarter budgeted hula hoop sales in units Jolly Company wants to have ​% of the next​ quarter's sales in units on hand at the end of each quarter. Inventory at the beginning of the year was hula hoops. How many hula hoops should Jolly Company produce during the first​ quarter?

Business
1 answer:
Stella [2.4K]3 years ago
6 0

Answer:  27,200 units

Explanation:

The ending inventory is calculated as;

Desired Ending Inventory = Beginning Inventory + Inventory produced - Sales in the quarter

(40,000 * 20%) = 3,600 + Inventory produced - 22,800

Inventory produced = 8,000 - 3,600 + 22,800

Inventory Produced = 27,200 units

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Write a two page essay on politics (also this is for glassaqt)
Art [367]

Answer:

The agrarian reform’s goal, in general, is to bring harmony between the rural and the urban

people. Agrarian reform is fundamental because of its economic gain of the country because

more than half the population is employed in the agricultural area. Agriculture is the primary

source of living, especially for the countries that are still in the process of developing. Tsarist

Russia failed to have peaceful relations with its citizens due to their unsuccessful agrarian law.

Bolsheviks planned to avoid such mistakes.

Making a change to the agrarian law was very important to not only the Bolsheviks but to the

Menshevik Georgians as well. For Russia, The First World War and the revolution crippled

Russia’s economy and brought instability and chaos to the country. The new Russian state

would mainly have to rely on the agrarian reform, because as mentioned before it brings

economic uprising to the country, and that is precisely what they needed. Support from the

working class and peasants was necessary if the crippled Bolshevik state was going to strive,

leading to the new government establishing the law that said that the control of the land would

be passed on to the lower class in the form of state collective farms.

The previous government failed to address the agrarian question and what the Bolsheviks

offered to the lower class, was acceptable to the majority of the citizens, although the promises

that were made were far from being perfect. The lower class wanted land divided up into

millions of smallholdings while the Bolsheviks trusted in collective farms worked on by the lower

class on behalf of the population. Lenin knew that if his Revolutions was going to live for a long

time, he needed to establish several things, such as: Winning over the peasants by offering

them the land that the previous government failed to do. While property was not exactly gifted to

the peasants, the new agrarian law meant that those who worked on the land after the 1917

Revolution had much more control over the way that land was farmed. The collective farms may

not have been a utopia for the peasants, but they were living better than they were, during the

former government. Lenin knew that he had to offer the lower class something that would be

unheard of in previous governments in order to gain the population's trust and keep the new

communist state in power.

In Georgia, on the other hand, there had been the usage of an ambitious, and mainly practical,

program to separate the large estates and distribute land to the landless lower class.

Hope this helps! Have a nice day!

3 0
3 years ago
Read 2 more answers
Rising unemployment levels tend to stifle demand for goods and services, which can have the effect of forcing prices downward is
Yuki888 [10]

Answer:

This is called deflation.

Explanation:

Deflation refers to the situation when there is a decline in the general price level, it causes the economy to slow down. It generally happens because of a reduction in the money supply.  

The nominal costs of goods and services, labor, capital, etc. decline. But the relative prices, generally remain the same. '

The decline in price is not good for everyone and adversely affects producers.  It is also harmful to borrowers. The decline in the price level increases the purchasing power of money.

5 0
3 years ago
Bedrock Company reported a December 31 ending inventory balance of $416,000. The following additional information is also availa
Brrunno [24]

Answer:

$392,400

Explanation:

The computation of correct balance for ending inventory on December 31 is shown below:-

Correct balance for ending inventory = Ending inventory – Office supplies

= $416,000 - $23,600

= $392,400

Therefore for computing the correct balance for ending inventory we simply deduct the office supplies from ending inventory and ignore all other amounts as they are not relevant.

3 0
3 years ago
At December 31, 2012 and 2013, Plank Corp. had outstanding 3,000 shares of $100 par value 8% cumulative preferred stock and 15,0
zalisa [80]

Answer:

Preference shareholders = $36,000

Equity shareholders = $9,000

Explanation:

As provided the outstanding preference dividend at end of 2012 = $12,000

Total cash dividends declared = $45,000 in the year 2013

Regular preference dividends = $100 \times 3,000 \times 8% = $24,000

Thus, when dividends will be paid in 2013 then firstly they will be used for payment to preference shareholders.

Thus, the company shall pay:

$12,000 + $24,000 = $36,000 to preference shareholders.

Further the balance will be paid to equity shareholders.

= $45,000 - $36,000 = $9,000

3 0
3 years ago
He Wall Street Journal reports that the rate on three-year Treasury securities is 4.75 percent and the rate on four-year Treasur
Volgvan

Answer:

1 +1R4= {(1 +1R3)(1 + E(4r1) +L4)}1/4

1.0500 = {(1.0475)^3(1 + 0.0525 +L4)}1/4

(1.0500)^4= (1.0475)3^(1 + 0.0525 +L4)

(1.0500)^4/(1.0475)^3= 1 + 0.0525 + L4

(1.0500)4/(1.0475)^3-1.0525

L4= .0050358564 = 0.504%

4 0
3 years ago
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