Answer:
165,000 pounds
Explanation:
A Purchase Budget is required to determine the quantities and cost of purchases required for use in production.
Materials Purchase Budget for Second Quarter (Pounds)
Budgeted Production Materials (80,000 x 2) 160,000
Add Budgeted Closing Materials (90,000 x 2 x 25%) 45,000
Total Materials 205,000
Less Budgeted Opening Materials (80,000 x 2 x 25%) (40,000)
Budgeted Material Purchase (pounds) 165,000
Therefore,
Budgeted purchases of material for the second quarter would be 165,000 pounds
Incremental contribution margin:
$25,000 increased sales x 60% CM ratio $15,000
Incremental fixed salary cost 8,000
Increased net income $7,000.
yes, the position should be converted.
In economics, the margin is profit after deducting expenses, expressed as a percentage. In investing, the margin is the deposit an investor leaves with a broker when borrowing money to buy a security.
The portion of a page or sheet outside the body of a printed product or document. 2: The outer boundary and adjoining surface of something: a ridge at the edge of the continental margin of a forest. 3: Any amount or measure or degree of substitution permitted or granted due to unforeseen circumstances or special circumstances was not subject to error.
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Common stock
If a corporation has only one class of stock, it is referred to as Common stock.
<h3>What is a common stock?</h3>
- A security that symbolizes ownership in a firm is called common stock.
- Common stock owners choose the board of directors and cast ballots for corporate rules.
- Long-term rates of return are often higher with this type of stock ownership.
<h3>What is the name of common stock?</h3>
ordinary share
- The ownership of equity in a firm is represented by common stock, a category of securities.
- There are several words that are equivalent to the term "common stock," such as "common share," "ordinary share," or "voting share."
<h3>The benefits of common stock</h3>
- More so than bonds or cash, equity ownership offers the highest rate of return over the long term.
- Long-term returns on common stocks have exceeded 6% real, making them one of the finest ways to beat inflation.
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Answer:
Mutual Funds are simply a way to pool money together and buy more stocks. You invest into a mutual fund along with many other people. Then your pooled money is invested by the manager of the mutual fund. They are generally conisdered safe as they are run by "stock gurus".
