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Verizon [17]
3 years ago
13

A manufacturing company has budgeted production at 5,000 units for May and 4,400 units in June. Each unit requires 3 pounds of m

aterials at a cost of $10 per pound. On May 1, there are 2,750 pounds of materials on hand. The company desires an ending inventory of 60% of the next month's materials requirements. The total cost of direct materials purchases for May will be $ .
Business
2 answers:
mario62 [17]3 years ago
5 0

Answer:

$201,700

Explanation:

The budget production for May is 5000 units.

The total materials required for May will be no. of units multiplied by materials needed for each unit

=5000 x 3

=15000 pounds of materials

Materials required for June

=60% of (4400x 3)

= 60/100 x 13200

=7920 pounds of material

Total materials needed for May

= 15,000+7,920

=22,920 pounds

Purchases required will be

=22,920 - 2,750

=20170

Purchases in dollar value =20170 x $10

=$201,700

Kruka [31]3 years ago
5 0

Answer:

idk

Explanation:

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The appropriate solution will be the "establishment" stage.

Explanation:

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4 years ago
On July 1, 2014, Agincourt Inc. made two sales.
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Answer:

Explanation:

Date                   Account title and Explanation     Debit      Credit

1st july-14                  Notes receivable             $1,393,591

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                                                Land                                           $600,100

                                   Gain on disposal of land                                                 `                        ($918,000 - $600,100)                               $317,900  `                                           (To record sale of land)

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                                   Service revenue                                  $404,300

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3 years ago
The required return on equity for an all-equity firm is 10.0 percent. They are considering a change in capital structure to a de
Sladkaya [172]

Answer:

The new cost of capital if this firm changes capital structure is 1.3

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From the provided information:

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New D/E ratio = 0.5

Then, the new capital structure with levered beta is given by:

new capital structure  = All equity beta *(1 + D/E*(1 - tax rate))

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5 0
3 years ago
The use of a differentiation strategy would be expected to be LEAST effective in which of the following markets? a. Commodity go
Tema [17]

Answer:

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