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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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4 0
2 years ago
BusCorp wants to introduce a new procedure to improve how customer requests are handled. This change will require employees to b
serg [7]

Answer:

E)Employee involvement

Explanation:

Employee involvement can be regarded as taking part of employees in decision-making process that are crucial to the organization, so that the goals of the organization are met. When employees there is involvement of employees in making decisions, there will be some professional as well as personal stake gained by the employee in the organization as well as the organization overall success. As a result of this there would be increased productivity in part of employees because they will take part actively in various aspects that will bring about success of the firm.

8 0
3 years ago
Dan is buying Jessica’s house. The closing date (day belongs to seller) of the sale transaction is March 9th. Current year real
wariber [46]

Answer:

$354

Explanation:

Annual amount / 365 days or monthly amount /length of month = daily amount.

Therefore;

Daily amount x the numbers of days = proration.

$1,900 / 365 = $5.21 daily amount

(31 January days + 28 February days + 9 March days =) 68 days

$5.21 x 68 = $354

Therefore Jessica's share of the real estate taxes for the current year is $354

4 0
3 years ago
Read 2 more answers
Artisanâ Inspiration, Inc. is a merchandiser of stone ornaments. The company sold 6 comma 500 units during the year. The company
aliina [53]

Answer:

206,000

Explanation:

Sales                                             = 590000  

- CGS                                           = 302000  

Gross profit                                                                       = 288,000

Less Operating Expenses:

Sellings and Admin expenses      = 67000  

Freight in                                  =     15000  

Total Operating expenses         =       82000  

Operating Income                                                               =         206,000

CGS = Beginning inventory + Purchases - Ending Inventory

CGS = 43,000 +302,000 - 43,000 = 302,000

5 0
3 years ago
BRAINLIEST For each of the transactions in items 1 through 5, indicate the effects on the accounting equation elements.
lesya [120]

Answer:

When the company gets cash from a bank loan,

Cash Debits

Bank Loan Account Credits

what happens is that the Assets increase and the Liabilities also increase.

Explanation:

8 0
3 years ago
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