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
Maslowich
3 years ago
7

Production and Purchases Budgets in UnitsAt the end of business on June 30, 2017, the PE Rug Company had 150,000 square yards of

rugs and 650,000 pounds of raw materials on hand. Budgeted sales for the third quarter of 2017 are:
Col1 Month July August September Otober
Col2 Sales 260,000 sq. yards 230,000 sq. yards 190,000 sq. yards 210,000 sq. yards

The PE Rug Company wants to have sufficient square yards of finished product on hand at the end of each month to meet 40 percent of the following month's budgeted sales and sufficient pounds of raw materials to meet 30 percent of the following month's production requirements. Five pounds of raw materials are required to produce one square yard of carpeting.Prepare a production budget for the months of July, August, and September and a purchases budget in units for the months of July and August.
Business
1 answer:
Tanzania [10]3 years ago
4 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Notes: All working are part of answer and provided as an ‘Equation Column’

BOLDED portion is the part of required answer

Requirement 1: Budgeted Production in Sq. yards

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
You might be interested in
Which style of interaction might seem to be the only way for couples whose backgrounds are completely irreconcilable to survive?
Andrej [43]

The style of interaction might seem to be the only way for couples whose backgrounds are completely irreconcilable to survive is obliteration style.

Some couples will try the obliteration fashion. In this situation, each partner tries to erase or obliterate their authentic cultures and create a brand new “subculture” with new beliefs, values, and behaviors.

Style of interaction for an intercultural couple in which both companions try and erase their character cultures.

Culture is a prime component that transforms passionate love into romantic love. Cultural values and traditional behaviors affect the expressions and reports of love and transfer passionate love as primarily based on a sexual attraction into romantic love as an idealized and culturally affected manner of loving.

Learn more about obliteration style here brainly.com/question/17134967

#SPJ4

6 0
1 year ago
Milton Friedman, Karthik Ramanna, and Peter Singer walk into a bar. Unfortunately, itâs not a joke. You are the unlucky bartende
Lilit [14]

Answer:

Consider the following explanation

Explanation:

The discussion started with Mr. Friedman explaining how the want and setting up on MNCs have become way more easier than it was a couple of decades ago. This is because the role of business in the society has increases. With increasing population the demand needs to be met on that level as well. Agreeing with the latter point Mr. Karthik said that yes, the demand needs to met but that should not make MNC and their setup easy. The quality according to him suffers.

Mr.Karthik said that the MNCs are also huge retail shops who must make sure that their production of goods and services are worth opting for. This is actually what business is supposed to do. Unlike the two gentlemen who are busy taking out the judgement on what is right and wrong in business and role it plays in the society, Mr.SInger started to add an important aspect. According to his view the greater role of business today, lies in the fact that it must benefit the society and reap positive externalities.

This is where the Corporate social responsibility comes in. The usage of resources and then replenishing it back into the nature is very very important according to Mr.Singer. He explained why the industries should not be given the liberty to discharge waste anywhere but must be either penalised or made to indulge in the act of social responsibility. With such conclusive thought s all th three agreed on a larger perspective of business.

3 0
3 years ago
The president believes that a $6,200 increase in the monthly advertising budget, combined with an intensified effort by the sale
nirvana33 [79]

<u>Solution and Explanation:</u>

calculating the increase in the net operating income is as follows:

S.no                    Particulars and explanation                    Amount

1.                    Sales ( $268000 + 84000 )                         352000

2. Contribution ( 1 multiply with 40 percent)                      140000

3. Fied expense ( $119200 plus $6200 )                         125400

4. Net operating income ( 2 step minus 3 step)                $14600

therefore, net operating income increased by $ 14600 plus $12000

Note: the sales were not given, so i have taken or assumed. Please change the figure if there is different figure of sales in the question given.

3 0
3 years ago
LO 7.1Which of the following is a finance budget?
sweet [91]

Answer:

cash budget                                  

Explanation:

A financial budget within budgeting refers to the long-period and short-period planning of the company's revenue and expenditure. Exact cash flow forecasts help the company achieve the goals in the correct way.

A financial budget is indeed a potent tool for achieving any enterprise's lengthy-term goals. Relevantly, it also helps to keep the stakeholders as well as other institution members up-to-date on the company's ability to function.

Thus, from the above we can conclude that cash budget can be termed as finance budget.

4 0
3 years ago
Golden has a receivable due in 30 days for 30,000 euros. The treasurer is concerned that the value of the euro relative to the d
attashe74 [19]

Answer:

The answer is c. Enter into a forward contract to sell 30,000 euros in 30 days

Explanation:

The risk Golden is facing is the exchange rate risk. Specially, as of the firm's concern, 30,00 euros they will receive in 30 days will not be worth as much as it is now because the Euro is expected to be depreciated against the firm's domestic currency.

So, they may enter into a forward contract allowing them to sell 30,000 euros in 30 days ( take short position in Euro) at pre-determined exchange rate. By doing so, they effectively eliminate the exchange rate risk by lock-in the exchange rate at the day they receive 30,000 euro.

8 0
3 years ago
Other questions:
  • Sea Company reports the following information regarding its production costs:
    12·1 answer
  • Evaluating and rewarding managers based on absorption basis income can lead to overproduction. true or false
    6·1 answer
  • Majority of teenagers in developed nations are seen either browsing the internet or listening to music on their smartphones or o
    11·1 answer
  • Of the 500,000 people (age 16+) in a particular country, 300,000 people are in the labor force. Of these, 240,000 are employed a
    8·1 answer
  • Suppose that France and Denmark both produce fish and stained glass. France's opportunity cost of producing a pane of stained gl
    7·1 answer
  • Which fifth factor of production do many economists now include in addition to the four traditional factors of​ labor, capital,​
    14·2 answers
  • Briefly explain what the term "balance of trade" refers to from a macroeconomic perspective and include a brief description of h
    11·2 answers
  • Employers often look for workers with knowledge in a particular field that
    13·1 answer
  • Which group is a list of fixed expenses?
    14·2 answers
  • Assume the following data: total current assets = $852; total current liabilities = $406; long-term debt = $442. calculate net w
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!