Answer:
458,000
Explanation:
Beginning inventory = 1,200 units
Budgeted sales = 456,000 units
Desired ending inventory = 3,200 units
Now,
Production Required is given as:
= ( Budgeted Sales + Ending Inventory Required ) - Beginning Inventory
on substituting the respective values, we get
Production Required = 456,000 + 3,200 - 1,200
or
Production Required = 458000
Answer:
<u>to keep their prices the same</u>
Explanation:
Remember, having a higher Menu cost implies that such a firm would suffer more if it adjusted its prices.
So the sticky-price theory makes the assumption that a firm that notices an increase in the prices of their products would <em>keep their prices low</em> out of fear that doing so would result in losses for the firm if demand changes negatively.
There are a lot of reasons in buying a certain a product and sometimes we buy things which are not really necessary. One great example for emotional consumer motive in when we buy food because we need them to survive in this world.
Answer:
$10,000 as qualified dividends
Explanation:
As this is in the form of dividends we assume the business is a corporation therefore their dividends are taxed as well.
As Jay is the sole owner of Kaye Company we have to assume their dividends are qualified as were held during the entire 121-days period
Therefore are subject to his capital gains rate rather than his rate of 37%
<u><em>According to the IRS table for the year 2020:</em></u>
Income Tax Bracket Income Tax Rate Capital Gains Rate
$0 – $9,875 10% 0%
$9,876 – $40,000 12% 0%
$40,001 – $40,125 12% 15%
$40,126 – $85,525 22% 15%
....
$518,401+ 37% 20%
Thus the $50,000 qualified dividends will be taxes at 20%
50,000 x 20% = 10,000
The ending inventory of the previous period is the beginning inventory of the current period.
Beginning inventory is the amount of a product. A commercial enterprise has in stock at the start of an accounting length which includes a month or 12 months. due to the fact each accounting length connects to the subsequent, the beginning inventory of one length will be similar to the ending inventory of the previous.
Beginning inventory, or opening inventory, is your inventory cost at the beginning of an accounting duration. For that reason, finishing inventory, or last inventory is the cost of the stock at the top of an accounting duration.
Ending inventory is the value of goods nevertheless available for sale and held via a business enterprise at the end of an accounting length. The dollar amount of ending stock may be calculated by the usage of multiple valuation techniques.
Learn more about Beginning inventory here: brainly.com/question/24868116
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