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dmitriy555 [2]
3 years ago
15

Lea Company produces hand tools. Budgeted sales for March are 10,900 units. Beginning finished goods inventory in March is budge

ted to be 1,400 units, and ending finished goods inventory is budgeted to be 1,600 units. How many units will be produced in March
Business
1 answer:
V125BC [204]3 years ago
3 0

Answer:

The budgeted production for march is 11100 units

Explanation:

The budgeted production for March can be calculated by adding the closing inventory figure for march and the sales in units for march and deducting the opening inventory.

The budgeted production for March = Sales + Closing Inventory - Opening Inventory

Budgeted production-March = 10900 + 1600 - 1400 = 11100 Units

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Vaughn Company has the following equivalent units for July: materials 15340 and conversion 17700. Production cost data are: Mate
Marat540 [252]

Answer:

Vaughn Company

The unit production costs for July are:

                                     Materials  Conversion

Cost per equivalent unit   $5             $3

Explanation:

a) Data and Calculations:

                                        Materials     Conversion

Beginning WIP                 $ 8,700          $ 3,100

Costs added in July         68,000          50,000

Total production costs   $76,700        $53,100

Equivalent units for July   15,340           17,700

Cost per equivalent unit   $5                 $3

b) The materials and conversion costs per equivalent unit are the dividends resulting from the division of the total production costs for materials and conversion by their respective total equivalent units of production.

7 0
3 years ago
Which of the following is a true statement?
amm1812

Answer:

C

Explanation:

The highest mountain could fit into the deepest ocean basin.

7 0
3 years ago
Read 2 more answers
Determine the missing amounts. (Round answers to 0 decimal places, e.g. 1,225.) Unit Selling Price Unit Variable Costs Unit Cont
natali 33 [55]

Answer:

Unit Selling Price     Unit Variable Costs    Unit Contribution  Margin Contribution Margin Ratio

1. $570 $420    

Unit Contribution  Margin= Unit Sales Price Less  Unit Variable Price =

$ 570- $ 450 = $150 (a)

Contribution Margin Ratio = Contribution Margin/ Sales = 150/570* 100= 26 % (b)

2. $490      $490 -$130= $360 (c) $130        ($ 130/ $490)* 100= 27 % (d)

3. $23000 (e) $22540 (f) $460 2

Unit Contribution  Margin $460

Contribution Margin Ratio  2

Contribution Margin Ratio= Unit Contribution  Margin/Sales=  $460/ Sales  =2 %

$460/ Sales  =2 %

Sales = $ 460/2%= $ 23000

Sales - Unit Contribution  Margin = $ 460

Unit Contribution  Margin= Sales- $460 = $ 23000- $ 460= $ 22540

4 0
3 years ago
If employers do not require a(n) __________, performance appraisal ratings often do not match the normal distribution of a bell-
Lubov Fominskaja [6]

Answer:

forced distribution

Explanation:

Based on the rest of the sentence it can be said that the missing term is forced distribution. This is a system that requires managers to evaluate each individual and rank them typically into one of three categories. These categories are excellent, good, and poor and allow managers to indicate if the employee should be terminated, is doing good, or is in-line for promotion as indicated in the graph below. This term is also known as the vitality curve or bell curve.

4 0
3 years ago
Bond J has a coupon rate of 3 percent and Bond K has a coupon rate of 9 percent. Both bonds have 13 years to maturity, make semi
noname [10]

Solution :

Given :

Coupon rate for Bond J = 3%

Coupon rate for Bond K = 9%

YTM = 6 %

Therefore,

The current price for Bond J = $ 718.54       =PV(6%/2,13x2,30/2,1000)x -1

The current price for Bond K = $ 1281.46       =PV(6%/2,13x2,90/2,1000)x -1

If the interest rate by 2%,

Bond J =  $ 583.42     =  -18.80% (change in bond price)

Bond K  = $ 1083.32   = -15.46% (change in bond price)

6 0
3 years ago
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