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Oliga [24]
3 years ago
6

Robust Resources expects to sell 440 units of Product A and 400 units of Product B each day at an average price of $18 for Produ

ct A and $27 for Product B. The expected cost for Product A is 40% of its selling price and the expected cost for Product B is 64% of its selling price. Robust Resources has no beginning inventory, but it wants to have a three-day supply of ending inventory for each product. Compute the company's budgeted sales for the next (seven-day) week. (Round the answer to the nearest dollar.) O A. $18,720 B. $56,160 O c. $10,080 O D. $131,040
Business
1 answer:
AleksAgata [21]3 years ago
3 0

Answer:

Company's budgeted sales for the next week=$131,040

Explanation:

Step 1

Determine the total sales per day for Product A

Total sales=price per unit×expected number of units to be sold

where;

price per unit=$18

expected number of units to be sold=440 units

replacing;

Total product A sales per day=(18×440)=$7,920

Step 2

Determine total product B sales per day

Total sales=price per unit×expected number of units to be sold

where;

price per unit=$27

expected number of units to be sold=400 units

replacing;

Total product B sales per day=(27×400)=$10,800

Step 3

Total sales per day=total product A sales+total product B sales

total sales per day=(7,920+10,800)=$18,720

For the week=18,720×7=$131,040

Company's budgeted sales for the next week=$131,040

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A produce distributor uses 783 packing crates a month, which it purchases at a cost of $11 each. The manager has assigned an ann
jeyben [28]

Answer:

Annual Savings will be ;

Ordering Cost = $2,993.88

Holding Cost = $661.78

Explanation:

First Calculate the Economic Order Quantity (EOQ)

EOQ = √ 2 × Annual Demand × Ordering Cost per Order / Holding Cost per unit

        = √ ((2 × 783× 12 × $31) / ($11 × 32%))

        = 407

Note : Currently the firm orders at 783 crates per month

Savings in Ordering Cost will be :

Savings = Ordering Cost at Current Quantity - Ordering Cost at EOQ

             = (Total Demand / Current Quantity × Ordering Costs) - (Total Demand / Current Quantity × Ordering Costs)

             = (9396/783 × $31) - (9396/407 × $31)

             = $2,993.88

Savings in Holding Cost will be :

Savings = (Current Quantity - Economic Order Quantity) / 2 × Holding Cost per unit

             = (783 - 407) / 2 × ($11 × 32%)

             = $661.78

4 0
3 years ago
XYZ Co. uses the percentage of credit sales method of estimating doubtful accounts. The Allowance for Doubtful Accounts has an u
leva [86]

Answer:

$16,700

Explanation:

The computation of the ending balance in the allowance for doubtful account is shown below:

= Unadjusted credit balance + Net credit sales × estimated bad debt percentage

= $4,100 + $210,000 × 6%

= $4,100 + $12,600

= $16,700

We simply added the unadjsuted credit balance and estimated amount after considered the estimated bad debt percentage

4 0
3 years ago
5. Find an example of a video ad either on TV or on the Internet, and then answer the
mezya [45]

Answer:

nike brand add

Explanation:

the add Brings inspiration and innovation to every athlete in the world by creating groundbreaking sport innovations, by making our products more sustainably, by building a creative and diverse global team and by making a positive impact in communities where we live and work.

8 0
2 years ago
Providing and seeking support from others during times of stress best illustrates
emmainna [20.7K]

Answer:

The tend and befriend response

Explanation:

The word "tend" refers to care and look after someone while "befriend" refers to becoming friends with someone.

The tend and befriend response refers to a form of behavior in response to a threat. When under immense stress, an individual adopts a fight or flight response which is getting extremely aggressive in order to fight the situation or flees i.e tries and runs away from the situation.

The tend and befriend response has been observed to be more prominent in case of females. So when subjected to immense stress, it was observed that females spent a lot more time "tending" to their off springs which appeared vulnerable to them, serving as a mode to reduce stress while at the same time, also forming friendly bonds to seek support from others.

8 0
3 years ago
ssume that Kish Inc. hired you as a consultant to help estimate its cost of capital. You have obtained the following data: D 0 =
Rufina [12.5K]

Answer:

Option (D) is correct.

Explanation:

Given that,

Dividend, D0 = $0.90

Price, P0 = $27.50

Growth rate, g = 7.00% (constant)

D1 = D0 (1 + g)

    = $0.90 × (1 + 0.07)

    = $0.90 × 1.07

    = $0.963

Cost of equity, Ke = [ D1 ÷ P0 ] + g

                               = [$0.963 ÷ $27.50 ] + 0.07

                              = 0.0350 + 0.07

                               = 0.1050 i.e 10.50 %

7 0
2 years ago
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