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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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The target direct materials ending inventory is the correct answer.

Explanation:

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3 years ago
Explain why an unlimited printing of money would cause economic problems.
Natali [406]

Answer:

Unlimited printing of money will cause the problem of inflation.

Explanation:

Inflation is a general increase in the price of goods and services.

It can be caused by the following:

Demand-pull inflation - This type of inflation is caused by an excess demand for goods and services by consumers without commensurate supply from suppliers.

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Lastly, out of others, I will like to discuss inflation caused by unlimited printing money.

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6 0
3 years ago
The manager of Gloria's Boutique has approved Carla's application for 24 months of credit with maximum monthly payments of $70.
bonufazy [111]

Answer:

C) $1,455.08

Explanation:

Formula = M = [P (1 + r)^n * r] / [(1 + r)^n - 1]

Putting the figures in the formula =

$70 = P [(1 + 0.142/12)^24 * 0.142/12 ] / [(1 + 0.142/12)^24 - 1]

=> $70 = P (1.326209535) * 0.142/12 / 0.326209535

=> $70 = P * 0.0156934795 / 0.326209535

=> P = $1455.08

So, the maximum initial purchase that Carla can buy on credit = $1455.08

4 0
3 years ago
On January 1, 2017, the Morgantown Company ledger shows Equipment $59,000 and Accumulated Depreciation – Equipment $9,600. The d
Arada [10]

Answer:

Revised annual depreciation $9,380

Explanation:

Equipment $59,000  

Accumulated Depreciation – Equipment $9,600  

Useful life of 7 years  

Salvage value of $2,500  

Annual Depreciation updated  

$59,000 - $9,600 - $2,500 = $,9380  

To find the revised annual depreciation we have to deduct of the total equipment the accumulated depreciation Year to Date.      

$59,000 - $9,600 = $49,400      

At this value we have to substract the Salvage Value of the equipment,    

$49,400 - $2,500 = $46,900      

So, the revised annual depreciation it's $ $46,900 / 5 Years = $9,380      

7 0
3 years ago
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