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Cloud [144]
3 years ago
8

Bentels Co. desires a December 31 ending inventory of 2,840 units. Budgeted sales for December are 4,000 units. The November 30

inventory was 1,800 units. Budgeted purchases are:
A.5,040 units.
B. 1,240 units.
C. 6,840 units.
D. 4,000 units.
E. 5,800 units.
Business
1 answer:
LekaFEV [45]3 years ago
6 0

Answer:

Budgeted purchases      Units

Budgeted sales                4,000

Ending inventory               2,840

Beginning inventory         <u> (1,800)</u>      

Budgeted purchases        <u>  5,040</u>      

The correct answer is A                                                                                                                  

Explanation:

Budgeted purchases equal budgeted sales plus ending inventory minus beginning inventory.                            

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Answer:

The correct answer is letter "B": Centralization of authority.

Explanation:

Centralization of authority takes place in companies where high-rank executives take most or all the decisions regarding the operations. Employees voice is not heard under this approach. Managers tend to implement this strategy when they pretend to minimize the percentage of mistakes incurred in the firm. The organization of the company tends to be bureaucratic.

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James borrows $300,000 for a home from Bank A. Bank A resells the right to collect on that loan to Bank B. Bank B securitizes th
sattari [20]

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D) AIG

Explanation:

We went back in time to 2008 and we are in the middle of the subprime mortgage crisis. This is an example of how mortgage backed securities and collateralized debt obligations worked.

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3 years ago
Finish Co. uses the allowance method to account for bad debts. At the end of 2010, Finish Co.'s unadjusted trial balance shows a
Nana76 [90]

Answer:

The answer is: D) $5,800

Explanation:

The doubtful accounts should have a total balance of $6,000, representing 1% of total sales (= $600,000 x 1%).

Since doubtful accounts balance is only $200, you must entry a debit record of $5,800 (so that the total balance of that account is $6,000).

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What would NOT cause Duff beer’s production possibilities curve to expand in the short run?
VARVARA [1.3K]

The answer is C. Increased demand

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3 years ago
Calculating ABC Unit Costs Perkins National Bank has collected the following information for four activities and two types of cr
ELEN [110]

Answer:

The unit cost for classic and gold is $34,96 and $8.35 respectively.

Explanation:

The computation of the unit cost for classic is shown below:

= (Processing transactions × activity rate + Preparing statements ×  activity rate + Answering questions × activity rate + Providing ATMs × activity rate) ÷ number of holders

= (12,000 × 0.20 + 12,000 × 0.95 + 24,000 × 4.00 + 48,000 × 1.50) ÷ 5,200 holders

= (2,400 + 11,400 + 96,000 + 72,000) ÷ 5,200 holders

= 181,800 ÷ 5,200 holders

= $34.96

The computation of the unit cost for Gold is shown below:

= (Processing transactions × activity rate + Preparing statements ×  activity rate + Answering questions × activity rate + Providing ATMs × activity rate) ÷ number of holders

= (7,200 × 0.20 + 7,200 × 0.95 + 36,000 × 4.00 + 14,400 × 1.50) ÷ 20,800 holders

= (1,440 + 6,840 + 144,000 + 21,600) ÷ 20,800 holders

= 173,880 ÷ 20,800 holders

= $8.35

5 0
3 years ago
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