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Brums [2.3K]
3 years ago
9

Doe Manufacturing plans to sell 6,000 purple lawn chairs during May, 5,700 in June, and 6,000 during July. The company keeps 15%

of the next month's sales as ending inventory. How many units should Doe produce during June?
Business
1 answer:
lora16 [44]3 years ago
6 0

Answer: 5,745 units

Explanation:

Given that,

Plans to sell:

6,000 purple lawn chairs during May

5,700 in June

6,000 during July

company keeps 15% of the next month's sales as ending inventory

Units should Doe produce during June:

= Sales in June + Ending inventory (15% of July sales) - opening Inventory (15% of June sales)

= 5,700 + 900 - 855

= 5,745 units

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Instrumentality.

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3 years ago
2. Alex, Becky, Cindy, Deanna and Elias form a general partnership, Glorious Jeans, to manufacture coffee-colored clothing. Alex
kari74 [83]

Answer:

Under the UPA ( uniform partnership act ) the partners share the profits of the business according to their contributions towards the business ( mostly financial contribution)

The UPA is used to address the issues of profit and loss sharing in a business partnership based on financial contribution towards the business and not based on service rendered to the business hence it won't work in this situation

Explanation:

Under the UPA ( uniform partnership act ) the partners share the profits of the business according to their contributions towards the business ( mostly financial contribution), the primary purpose of the uniform partnership act to to address certain in-formal or formal issue that was not addressed under the business agreement reached between the partners,

The reason why the UPA might not govern the sharing of the profits is because of the involvement of a partner who did not contribute towards the capital but contributes in terms of service. The UPA is used to address the issues of profit and loss sharing in a business partnership based on financial contribution towards the business and not based on service rendered to the business hence it won't work in this situation

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3 years ago
Real Angus Steakhouse purchased land for $75,000 cash. They also incurred commissions of $4,500, property taxes of $5,000, and t
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Answer:

c. $84,300.

Explanation:

The computation of the total cost of the land is shown below:

= Purchase cost of land + commission incurred + property taxes + title insurance

= $75,000 + $4,500 + $4,000 + $800

= $84,300

We simply added that costs which are related to the land i.e purchase cost, commission , property taxes ,and title insurance. The $1,000 cost should not be considered.

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3 years ago
Amari has two jobs, one for the winter and one for the summer. In the winter, he works as a lift attendant at a ski resort where
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Answer: b. has a backward-bending portion.

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After they get a certain level of payment from the higher paying job, they will then substitute the remaining hours for leisure. This creates a backward-bending curve because labor hours are reducing past a certain level of wages.

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