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
gogolik [260]
3 years ago
15

Lexi Company forecasts unit sales of 1,640,000 in April, 1,250,000 in May, 810,000 in June, and 1,650,000 in July. Beginning inv

entory on April 1 is 250,000 units, and the company wants to have 30% of next month’s sales in inventory at the end of each month. Prepare a merchandise purchases budget for the months of April, May, and June.
Business
1 answer:
mario62 [17]3 years ago
6 0

Answer:

Explanation:

From the information given in the question:

The main objective is to Prepare a merchandise purchases budget for the months of April, May, and June

                        Merchandise Purchases Budget

                                                 April                  May                 June

Next months' budgeted        1250000            810000          1650000

Sales

Ratio of inventory                  30%                     30%               30%

Desired ending inventory     375000              243000         495000

Sales unit                               1640000             1250000       810000

Required units of

available inventory                2015000             1493000       1305000

Less:Beginning Inventory     -250000             - 375000      - 243000

Units to be purchased           1765000              1118000       1062000

N:B

Desired ending inventory = Next months' budgeted sales × Ratio of inventory  

Required units of available inventory = Desired ending inventory + Sales unit

You might be interested in
In 1 or 2 sentences, define an externality and explain how the government makes companies take responsibility for negative exter
tamaranim1 [39]

In economics an externality is the cost or benefit that affects someone who did not choose this. It is the true cost of a product that can be both positive or negative. Pollution can be an example of this. An educated labor force producing more is a positive example of this. The government rewards positive externality and punishes negative externality. Rewards can be surpluses and taxes can be punishments.

7 0
3 years ago
Scott owns a welding business in alabama. every year, when he meets with his accountant to file his tax returns, he claims that
kykrilka [37]
For a loss to be shown on his tax return, the total expenses (prices of goods, supplies, transportation and so on) must be larger than the sale or revenue. 
Since he's always showing profit, this means that his revenue his more.

Scott may be including some illegitimate factors (factors that are not usually included in the calculation) in his calculations. These factors may lead to hypothetical loss for him.
8 0
3 years ago
Read 2 more answers
An item not normally included in ansi recommendations but recommended by other groups is
dybincka [34]

The item that is not normally included in the ANSI recommendations but are included and recommended by other group is the defibrillator, this is useful in medical situations in which it has the ability to treat cardiac dysrhythmias that is life threatening. 

6 0
3 years ago
Read 2 more answers
To automate routine tasks to help firms search for and filter information for use in electronic commerce and supply chain manage
yawa3891 [41]

Answer:

2. Intelligent Agents

Explanation:

Intelligent agents (IA) are programs that can make decisions and perform activities based on its environment, user input and previous data entries or experiences. They are problem solvers that solve autonomously and often proactively tasks and problems for their clients or owners. For the description given in the question, the best form of program to he used is the intelligent agent. It can be useful in searching and filtering for relevant information to be used in electronic and supply chain management.

7 0
3 years ago
Read 2 more answers
Seventeen years ago, Susan designed a corrugated steel culvert for a rural road. Her work was accepted and paid for by the count
Lemur [1.5K]

Answer:

C. Statute of limitations.

Explanation:

Statute of limitations are laws which states the time limit of when legal proceedings must be initiated between concerned parties from the date in which alleged offence was perpetrated.

In statue of limitations, the time limit for somebody is wronged to initiate legal action is not fixed in all jurisdiction. It means that depending on the nature of the alleged offense under statute of limitation, time allowed to institute legal actions varies.

Example of statue of limitation is that for certain states, the time limit to initiate legal case say on fraud is two years. It means that one must bring up the case in a court of law within the stipulated two years period. Once the two year grace elapse, one can no longer sue for fraud in the court of law.

Although there is no time limit for certain offence like murder case, sex offence with minor etc.

As in the case above, the judge threw away the case because according to the law of statute of limitation, a party that is wronged can only sue the wrong doer within the stipulated time as spelt out within the jurisdiction where the alleged offence was committed.

4 0
3 years ago
Other questions:
  • Lako Systems studied the performance of 15 line workers who attended a training program and compared their performance with a co
    15·1 answer
  • Yvette, a manager, decides to offer her support to Jonny, one of her subordinates, on a new project in exchange for a share of t
    7·1 answer
  • If you know that with 8 units of output, average fixed cost is $12.50 and average variable cost is $81.25, then total cost at th
    11·1 answer
  • A truck that cost $36,000 and on which $30,000 of accumulated depreciation has been recorded was disposed of for $5,000 cash. th
    9·1 answer
  • In BCG portfolio analysis, products in low-growth markets that have received heavy investment and now have excess funds availabl
    5·1 answer
  • You have been working for home-building companies for a number of years. You enjoy construction work, and now you want to start
    8·2 answers
  • When does a company need to identify mission-critical business functions and quantify the impact a loss of such functions may ha
    10·1 answer
  • Jackson and Campbell have capital balances of $100,000 and $300,000, respectively. Jackson devotes full time and Campbell devote
    5·1 answer
  • In the past, the study of finance has included Multiple Choice bankruptcy. raising capital. All of the options mergers and acqui
    13·1 answer
  • A difference in quantitative indicators and qualitative indicators is quantitative indicators always consist of numerical amount
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!