1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Phantasy [73]
3 years ago
12

Willard's Department Store has budgeted cost of goods sold of $42,000 for its men's shorts in March. Management also wants to ha

ve $7,600 of men's shorts in inventory at the end of March to prepare for the summer season. Beginning inventory of men's shorts for March is expected to be $5,500. What dollar amount of men's shorts should be purchased in March?
Business
1 answer:
Nastasia [14]3 years ago
7 0

Answer:

$44,100

Explanation:

Given that,

Budgeted cost of goods sold = $42,000

Desired men's shorts in inventory at the end of March = $7,600

Beginning inventory of men's shorts for March = $5,500

Purchases:

= Cost of goods sold + Desired ending inventory - Beginning inventory

= $42,000 + $7,600 - $5,500

= $44,100

Therefore, the dollar amount of men's shorts should be purchased in March is $44,100.

You might be interested in
Under what circumstances might stockholders be displeased with a corporation's performance?
Minchanka [31]
I would say the shareholders could disapprove of the performance of their company if it was to consistently to lose money over say several quarters with no signs of improvement or no encouragement by management that this was a temporary situation,
6 0
3 years ago
Once the project and project are developed, it must be determined whether the project can be accomplished within the required ti
valina [46]

Answer:

False

Explanation:

Required time, budget and resources are the factors to be calculated before development of that project. First phase of a project is requirement, after requirement these factors should be estimated. Once a project is developed then there is no use of these estimates.

4 0
4 years ago
What are the underlying functions of business?
egoroff_w [7]
This function includes members who report on business results and plan for the future
8 0
3 years ago
) Candy Man, Inc. reports the following information: Beginning Finished Goods Inventory 60 units Units produced 550 units Units
ArbitrLikvidat [17]

Answer:

$44

Explanation:

Given that

Direct material cost = $17

Direct labor cost = $10

Variable manufacturing overhead = $17

The computation of unit product cost using variable costing is shown below:-

Unit product cost = Direct material cost + Direct labor cost + Variable manufacturing overhead

= $17 per unit + $10 per unit + $17 per unit

= $44

Therefore for computing the unit product cost we simply added the direct material cost, direct labor cost and variable manufacturing overhead.

5 0
3 years ago
An economy is best described as a system where
natka813 [3]

It is defined as the country's state on how it handles its activities such as money supply, resource allocation, and production and distribution of services to ensures human wants and needs have been met. Furthermore, the basic economic systems include traditional, mixed, market and command economy.

8 0
3 years ago
Read 2 more answers
Other questions:
  • TJ's and Corner Grocery are all-equity firms. TJ's has 2,500 shares outstanding at a market price of $16.70 a share. Corner Groc
    8·1 answer
  • How is foreign exchange management (FEM)the core issue in international finance and how does it affect balance of payment
    10·1 answer
  • Nash's Trading Post, LLC purchased equipment for $1330 cash. As a result of this event, equity decreased by $1330. assets increa
    5·1 answer
  • Stanley's Bicycles store buys bicycles on average for $600 and sells them on average for $750. He pays a sales commission of 15%
    5·1 answer
  • A company developed the following per unit materials standards for its product: 3 pounds of direct materials at $5 per pound. If
    15·1 answer
  • Explain Jodi's self esteem throughout Tall Girl? Movie
    9·2 answers
  • Nm bn nb nbg ghcgfhjhibhjbhj
    6·2 answers
  • The size, sign, and timing of individual cash flows are illustrated by the ____________________, as the basis for engineering ec
    6·1 answer
  • Which type of tutoring does the school normally offer?.
    14·1 answer
  • In noting that he had "yet to engage in a direct-action campaign that was ‘well timed,’" martin luther king, jr. , was most like
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!