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Step2247 [10]
3 years ago
9

Barron Industries has the following information: Sales Revenue $ 645,000 Ending inventory 69,000 Cost of Goods Sold 490,000 Begi

nning inventory 59,000 What is Barron’s number of days to sell? (Round intermediate calculations to 2 decimal places. Assume 365 days a year.)
Business
1 answer:
Natasha_Volkova [10]3 years ago
6 0

Answer:

47.67 days

Explanation:

The computation of the number of days to sell is shown below:

Number of days to sell is

= Average inventory ÷ Cost of goods sold × Total number of days in a year

Where

Annual inventory is

= (Beginning inventory + ending inventory) ÷ 2

= ($59,000 + $69,000) ÷ 2

= $64,000

So the number of days to sell is

= $64,000 ÷ $490,000 × 365 days

= 47.67 days

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Answer:

(E)

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Any reproduction of another manufacturer's product after examination of how it is made is called reverse engineering.

An example of this scenario occurs in real life when a close competitor of a firm invents a new mobile phone with certain features. Within a few weeks the other firm might release their own mobile phone with similar or even better features.

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Jolene is the network administrator at the bank. In 2-5 sentences, describe what she does in this position.
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3 years ago
The existing balance in Allowance for Doubtful Accounts is considered in computing bad debts expense in the A. direct write-off
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3 years ago
More Hits Company manufactures aluminum baseball bats that it sells to university athletic departments. It has developed the fol
yuradex [85]

Answer: See explanation

Explanation:

AP = 4.15

SP = 4.0

SQ = 114000 × 2 = 228000

1. Direct Materials Price

= (AQ × AP) - (AQ × SP)

= (246000 × 4.15) - (246000 × 4.0)

= 1020900 - 984000

= 369000 U

2. Direct Materials Quantity

= (AQ × SP) - (SQ × SP)

where SQ = 114000 × 2 = 228000

= (220000 × 4.0) - (228000 × 4.0)

= 880000 - 912000

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3. Direct Labor Price

= (AH × AR) - (AH × SR)

= (58700 × 9.8) - (58700 × 10)

= 575260 - 587000

= 11740

4. Direct Labor Quantity

= (AH × SR) - (SH × SR)

where, SH = 114000 × ½ = 57000

= (58700 × 10) - (57000 × 10)

= 587000 - 570000

= 17000 U

5. Total Overhead Variances

= 352000 - (57000 × 6)

= 352000 - 342000

= 10000 Unfavorable

Check attachment for further details

8 0
3 years ago
The managing director of top dog companies
Alexeev081 [22]

Answer:

What???

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