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skad [1K]
3 years ago
13

Flagstaff Company has budgeted production units of 8,500 for July and 8,700 for August. The direct materials requirement per uni

t is 2 ounces (oz.). The company has determined that it wants to have safety stock of direct materials on hand at the end of each month to complete 20% of the units budgeted in the following month. There was 3,400 ounces of direct material in inventory at the start of July. The total amount of direct materials in ounces, to be purchased in July is:
Business
1 answer:
baherus [9]3 years ago
5 0

Answer:

17,080 ounces.

Explanation:

Given that,

Budgeted production = 8,500

Raw material required per unit = 2 ounces

Opening inventory  = 3,400

Direct material to be purchased:

= (Budgeted production × Raw material required per unit) + Closing inventory - Opening inventory

= (8,500 × 2 ounces) + (20% × 8,700 × 2) - 3,400

= 17,000 + 3,480 - 3,400

= 17,080 ounces.

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The Benesch Company expects sales in 2018 of 205,000 units of serving trays. Benesch​'s beginning inventory for 2018 is 18,000 ​
ozzi

Answer:

214,000 trays

Explanation:

Budgeted sales in unit. 205,000

Add: targeted ending inventory 27,000

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Budgeted units to be prod. 214,000

6 0
2 years ago
What is bancassurance?
inn [45]

Answer:

Definition: Bancassurance means selling insurance product through banks. Banks and insurance company come up in a partnership wherein the bank sells the tied insurance company's insurance products to its clients. Description: Bancassurance arrangement benefits both the firms.

3 0
3 years ago
A corporation has $7,000,000 in income after paying preferred dividends of $500,000. The company has 1,000,000 shares of common
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Answer:

Price earning ratio= 8  times

Explanation:

Price earning ratio = Price per share /Earnings per share

Price per share = 56, EPS =?

Price per share =56, EPS = Total earnings available to ordinary shareholders/Number of shares

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Price earning ratio= 8  times

                         

8 0
3 years ago
What is the relationship between a​ monopolist's demand curve and the market demand​ curve? A. A​ monopolist's demand curve is g
Ber [7]

Answer:

B) a monopolist's demand curve is the same as the market demand curve

Explanation:

The demand curve is downward sloping for both monopolies and competitive markets. Rational consumers will always buy larger quantities of products or services when their prices are lower, and inversely will buy less when the price if higher. This applies to all types of markets except monopsonies (a lot of suppliers and only one consumer).

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which what-if analysis tool is the best option for complex calculations requiring constrained optimization?
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The what-if analysis tool would be the most adequate choice for intricate calculations that need contrived optimization:

b). Scenario manager

  • 'What-if analysis tool' is described as the tools that are employed to alter the values present in the cells.
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  • The what-if analysis tools have been categorized into three distinct types:
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Thus, <u>option b</u> is the correct answer.

Learn more about 'what-if tool' here:

brainly.com/question/14830872

8 0
1 year ago
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