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Lesechka [4]
3 years ago
6

If the expected sales volume for the current period is 8,000 units, the desired ending inventory is 1,400 units, and the beginni

ng inventory is 1,200 units, the number of units set forth in the production budget, representing total production for the current period, is
Business
1 answer:
Maru [420]3 years ago
4 0

Answer:

8,200 units

Explanation:

A production budget is estimate of the quantity of a product that a business is expected to manufacture to meets the budgeted level of sales volume and the desired level of inventory at the end of a particular accounting period.

To determine the production budget, budgeted sales volume is adjusted for opening and closing inventories using the formula below:

Budgeted sales + Closing inventory - Opening Inventory

= 8,000 + 1,400 - 1,200

= 8,200 units

Production budget = 8,200 units

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Exercise Bicycle Company is expected to pay a dividend in year 1 of $1.20, a dividend in year 2 of $1.50, and a dividend in year
prisoha [69]

Answer:

E.  $40.68

Explanation:

The computation of the stock worth today is shown below:

= (Dividend in year 1 ÷ 1 + required rate of return^number of years ) + (Dividend in year 2 ÷ 1 + required rate of return^number of years) + (Dividend in year 3 ÷ 1 + required rate of return^number of years)  + (Dividend in year 3 ÷ 1 + required rate of return^number of years) × (1 + growth rate) ÷ (required rate of return - growth rate)

= $1.2 ÷ 1.14 + $1.5 ÷ 1.14^2 + $2 ÷ 1.14^3 + $2 ÷ 1.14^3 × (1 + 10%) ÷ (14%-10%)

= $40.68

We simply applied the above formula

3 0
3 years ago
Globalization Multiple Choice has greatly improved living standards around the world. has significantly reduced living standards
nekit [7.7K]

Answer:

The correct answer is letter "A": has greatly improved living standards around the world.

Explanation:

Globalization refers to the tendency of increasing the use of technology in mankind's lifestyle to bring down barriers and shorten distances. Globalization has had a major influence in the change of businesses since, for instance, labor is not offered within the barriers of the region where a company operates only, buyers and sellers do not need to physically meet anymore to exchange goods or services, and countries every time take more advantage of international trade to request goods necessary to satisfy their inhabitants' needs.

<em>In such a scenario it is clear to conclude that the standards of human beings around the world have been boosted by globalization.</em>

7 0
3 years ago
Calculate the cost of goods sold using the following information: Direct materials $ 298,500 Direct labor 132,000 Factory overhe
Virty [35]

Answer:

COGS= $680500

Explanation:

The cost of goods sold refers to the direct costs attributable to the production of the goods sold in a company. This amount includes the cost of the materials used in creating the goods along with the direct labor costs used to produce the goods. It excludes indirect expenses, such as distribution costs and sales force costs.

COGS=Beginning Inventory+Production during period−Ending Inventory

We need to calculate the production during the period.

Cost of manufactured period= Beginning work in progress inventory+ direct materials + direct labor + factory overhead - ending work in progress

Cost of manufactured period= 118,500+ 298,500 + 132,000  + 264,000 - 125,900 =$687,100

COGS= 232,100 + 687,100 - 238,700=$680500

5 0
3 years ago
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Answer:

a

Explanation:

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7 0
3 years ago
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The company employs a single employee who works all five weekdays and is paid for the workweek on the following Monday. The empl
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The necessary journal entry is 4000$.

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An instance of a journal entry includes the acquisition of machinery by u.s . where the machinery account may be debited, and the cash account may be credited. There are three primary forms of a journal entry: compound, adjusting, and reversing.

Journal entry layout is the usual format used in bookkeeping to keep a file of all of the agency's commercial enterprise transactions and is especially based totally on the double-entry bookkeeping device of accounting and ensures that the debit aspect and credit score facet are always equal.

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7 0
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