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stiks02 [169]
3 years ago
6

Cowles Corporation, Inc. makes and sells a single product, Product R. Three yards of Material K are needed to make one unit of P

roduct R. Budgeted production of Product R for the next five months is as follows:
August 13,000 units
September 13,500 units
October 14,500 units
November 13,600 units
December 12,900 units
The company wants to maintain monthly ending inventories of Material K equal to 30% of the following month's production needs. On July 31, this requirement was not met because only 3,500 yards of Material K were on hand. The cost of Material K is $0.80 per yard. The company wants to prepare a Direct Materials Purchase Budget for the rest of the year.
Required:
1. The total needs (i.e., production requirements plus desired ending inventory) of Material K for November are _______:
O 40,800
O 44,940
O 37,380
O 52,410
Business
1 answer:
DaniilM [7]3 years ago
6 0

Answer:

The total needs of material K in November = 52,410

Explanation:

opening ( 13600 * 3 )= 40,800 *30%                                     12,240

Purchases                                                                               40,170

total Available material                                                         52,410

used for production(13,600*3)                                               40,800

Closing  inventory ( 12,900 *3 ) = 38,700*30%                     11,610

The opening inventory for November is October's closing inventory  

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Creme Bakery just paid an annual dividend of $2.20 a share and is expected to increase that amount by 2.2 percent per year. If y
alekssr [168]

Answer:

$19.47

Explanation:

The computation of the price paid for share is shown below:

= Year second dividend ÷ (Required rate of return - growth rate)

where,

Next year dividend is

= $2.20 + $2.20 × 2.2%

= $2.20 + $0.0484

= $2.2484

In the year 2 , it is

= $2.2484 × 1.022

= $2.2978648

And, the required rate of return is 14%

Plus the growth rate is 2.2%

So, the price paid for the share is

= ( $2.2978648) ÷ (14% - 2.2%)

= $19.47

7 0
3 years ago
When a product spreads through the population, it is called the?
Fiesta28 [93]

The answer is diffusion of innovation. This type of theory or process has the aim of having to influence other people in regards with the ideas that they have formulated in which are new. These ideas are being spread out with the use of innovations.

7 0
3 years ago
Valence Electronics has 213 million shares outstanding. It expects earnings at the end of the year of $800 million. Valence pays
Dvinal [7]

Answer:

$75.12 million

Explanation:

For computation of Valence's share price first we need to find out the share price which is shown below:-

Share price = (Paid earning of Valence × Ended year of expected earning) ÷ (Equity cost of capital - Expected growth rate)

= (40% × $800 million) ÷ (9% - 7%)

= (0.4 × $800 million) ÷ (0.09 - 0.07)

= $320 million ÷ 0.02

= $16,000 million

Now, Valence's share price

= Total value ÷ Outstanding total shares

= $16,000 million ÷ 213 million

= $75.12 million

3 0
3 years ago
Which of the following statements about conflict is most accurate? Conflict generally occurs between competitive individuals and
MAVERICK [17]

The correct answer is B. Conflict is a normal part of everyday workplace.

Explanation

Conflict is the term to refer to the situation in which two or more people disagree on any matter, that is, they have different points of view on the same thing and neither of them gives in or agrees to negotiate mediation on such matters. affair. This is due to the diversity of likes, thoughts, beliefs, preferences of people that influence their actions in daily life. According to the above, in a workplace, it is very common to find conflict situations because different people are working on the same issues and each one has specific considerations of how it would be better to do things; however, this does is not necessarily negative or reduces productivity; indeed, conflict can lead to negotiation, cooperation and new ideas. So, the correct answer is B. Conflict is a normal part of everyday workplace.

5 0
3 years ago
*IF CORRECT ANSWER IS GIVEN I’LL AWARD BRAINLIEST!*
DaniilM [7]

The area in which Ronald would be working in the Orthopedic clinic for the specified job is:

  • (D) Chargemaster

<h3>Who is a Chargemaster?</h3>

This refers to the person whose job in a hospital is to provide billing information to patients, and is also in charge of claims and also general accounting principles.

With this in mind, we can see that the area which Ronald would be working in the Orthopedic clinic if he gets the job would be Chargemaster as he in charge of overall accounting and billing duties.

Read more about chargemaster here:
brainly.com/question/26303145

4 0
2 years ago
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