1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
A contra-revenue account with a debit balance for returned good goods is called
inessss [21]

Answer:

yes

Explanation:

3 0
3 years ago
Choose and describe a business that you would expect to have highly liquid assets and share a photo of that business (or company
Slav-nsk [51]

Answer:

I have chosen Apple Inc.

Explanation:

Apple Inc is a tech giant and manufactures innovative and most differentiated telecommunication products, music products, computer products, application services, etc which is highly valued among its customers. That's the reason why Apple is one of the most highly valued company in the world with almost $137 billion cash balance. This cash balance has been increased by $20 billion in the last three years which shows its higher profitability and that its inventory is highly liquid asset because it is quickly converted into cash. Furthermore, the greater demand of product and customer loyalty has strengthen its position all because of unmatched innovation introduced in each of its product every year. The greater cash balance shows that the company has greater sales and has higher profit margin on its unmatched product.

The picture of Apple headquarter and of its logo are given below:

6 0
3 years ago
Jay's new loan to purchase a property includes the seller's existing mortgage. What type of loan is this
timurjin [86]

The type of loan that this is known to represent is what is referred to as the wraparound mortgage loan.

<h3>What is the wraparound mortgage loan?</h3>

This is the type of mortgage that has to do with the fact that the borrower is financing another loan when they have not been able to finance the original mortgage itself.

This type of loan is beneficial to a person given that they would be able to get a system of loan that may not have been possible before.

Hence we have to conclude that Jays financing a property when he has an existing mortgage is what is called the wraparound mortgage loan.

Read more on the wraparound mortgage loan here:

brainly.com/question/14454865

#SPJ1

8 0
1 year ago
What is meant by centralised direction
Alla [95]

Centralized direction explain why we often overestimate how well we can predict future actions of others.


I hope that's help:0

5 0
3 years ago
Monique lends Taylor $1,200 on March 15, 2009. Taylor is expected to return $1,260 on March 14, 2010. Monique expects inflation
Irina-Kira [14]

Answer:

2.94%

Explanation:

Real Rate of Return is the actual rate of return that an investor gets from investment excluding any inflation effect.

Present Value = PV  = $1,200

Future Value = FV = $1,260

Numbers of period = n = 1 year

Use Following Formula to calculate the nominal Interest rate

FV = PV x ( 1 + r )^n

$1,260 = $1,200 x ( 1 + r )

$1,260 / $1,200 = 1+r

1.05 = 1 + r

r = 1.05 - 1 = 0.05 = 5%

As the 5% is the Nominal Interest rate

we Will Use the Fisher Effect formula to calculate the real Interest rate

1 + Nominal Interest Rate = ( 1 + Real Interest Rate ) x ( 1 + Inflation Rate )

1 + 5% = ( 1 + Real Interest Rate ) x ( 1 + 2% )

1 + 0.05 = ( 1 + Real Interest Rate ) x ( 1 + 0.02 )

1.05 = ( 1 + Real Interest Rate ) x 1.02

1 + Real Interest Rate  = 1.05 / 1.02

1 + Real Interest Rate = 1.0294

Real Interest Rate = 1.0294 - 1

Real Interest Rate = 0.0294 = 2.94%  

8 0
3 years ago
Read 2 more answers
Other questions:
  • A teenager purchases a camera for $62 by endorsing his paycheck of $90. not having $28 change in his register the camera store o
    6·1 answer
  • Northern Pacific Fixtures Corporation sells a single product for $28 per unit. If variable expenses are 65% of sales and fixed e
    5·1 answer
  • What makes government contracts unique?
    14·2 answers
  • Which of the following effects best explains the downward slope of the aggregate demand curve? A. A multiplier effect B. An expe
    5·1 answer
  • Marigold Corp. reported the following year-end information: beginning work in process inventory, $90000; cost of goods manufactu
    8·1 answer
  • During the year, a company's inventory decreased by $20,000. if the company's cost of goods sold for the year was $400,000, find
    14·1 answer
  • Calculate the future value of $1,000 in a. Four years at an interest rate of 7% per year. b. Eight years at an interest rate of
    15·1 answer
  • The person who receives financial protection from a life insurance plan is called
    10·2 answers
  • Assuming sticky prices and given expectations of future exchange rates, what is the short-run effect on the exchange rate of the
    5·1 answer
  • How is it possible for nominal GDP to rise but real GDP to fall from one year to the next?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!