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grandymaker [24]
3 years ago
14

The ending inventory of finished goods for each quarter should equal 20% of the next quarter's budgeted sales in units. The fini

shed goods inventory at the start of the year is 3,600 units. Scheduled production for the second quarter is (in units):
Business
1 answer:
ale4655 [162]3 years ago
5 0

Answer:

Instructions are below.

Explanation:

Giving the following information:

The ending inventory of finished goods for each quarter should equal 20% of the next quarter's budgeted sales in units. The finished goods inventory at the start of the year is 3,600 units.

<u>We weren't provided with enough information to solve the problem. But, I will leave the formula and a small example to guide an answer.</u>

<u></u>

Purchases= sales + desired ending inventory - beginning inventory

For example:

Sales 2nd Quarter= 27,000 units

Sales 3rd Quarter= 45,000 units

Production budget (in units):

Sales= 27,000

Desired ending inventory= (45,000*0.20)= 9,000

Beginning inventory= (3,600)

Total= 32,400 units

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A company decides to close down its plastics division. It has on hand 20 tons of styrene monomer, a raw material that has a mark
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Answer:

$16,000

Explanation:

With regards to the above information, we are only concerned with calculating the value of 20 tons of styrene to the company, hence other information are not relevant.

The total value of the 20 tons of styrene monomer to the company would be ;

= 20 tons of styrene monomer × Market price of styrene monomer per ton

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6 0
2 years ago
What makes you buy a candied vegetable or a candied fruit?
Leviafan [203]

Answer: Your curiosity on whether it tastes like any other candy or not.

Explanation:

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3 years ago
How can discussions,projects,campaigns and events support victims of xenophobia​
charle [14.2K]

Answer: They can raise awareness

Explanation:

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8 0
3 years ago
Additional paid-in capital is most likely to appear on the balance sheet of a corporation that:
ArbitrLikvidat [17]

Answer:

b. has no-par value stock.

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7 0
2 years ago
At the beginning of the year, Sheridan Company had total assets of $845,000 and total liabilities of $600,000. (Treat each item
zlopas [31]

Answer:

A. Stockholders equity at the end is $493,000.

B. Closing total assets is $865,000.

C. Closing liability is $410,000.

Explanation:

A.  Closing total assets:

= Opening assets + increase in assets

= $845,000 + $177,000

= $1,022,000

Closing liability:

= Opening liability - Decrease in liability

= $600,000 - $71,000

= $529,000

Closing equity:

= Closing assets - Closing liability

= $1,022,000 - $529,000

= $493,000

B.  Opening equity:

= Opening assets - Opening liability

= $845,000 - $600,000

= $245,000

Closing assets:

= Opening assets + increase in liability - Decrease in equity

= $845,000 + $92,000 - $72,000

= $865,000

C.  Closing liability:

= Opening liability - decrease in assets - increase in equity

= $600,000 - $90,000 - $100,000

= $410,000

6 0
3 years ago
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