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klio [65]
3 years ago
9

Vermicelli Company plans to sell 200,000 units of finished product in July and anticipates a growth rate in sales of 5% per mont

h. The desired monthly ending inventory in units of finished product is 80% of the next month's estimated sales. There are 150,000 finished units in inventory on June 30.Vermicelli Company's production requirement in units of finished product for the three-month period ending September 30 is: (CMA adapted)712,025 units.
Business
1 answer:
Lapatulllka [165]3 years ago
3 0

Answer:

Production budget in July    = 218,000 units

Explanation:

Production budget = sales budget + closing inventory - opening inventory

                             

August sales = 105%× July sales

= 105%× 200,000 = 210,000

Closing inventory in July = 80% × August sales

= 80%  ×210,000  = 168,000

Opening inventory in July = Closing inventory in June = 150 000 units

Production budget in July = 200,000 + 168000  - 150,000

                                            = 218,000 units

Production budget in July    = 218,000 units

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4 0
3 years ago
Excom sells radios and each unit carries a two-year replacement warranty. Typically, 5% of the radios sold need to be replaced c
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Answer:

The amount in September would Excom debit Product Warranty Expense is $805

Explanation:

According to the given data In order to calculate the amount in September would Excom debit Product Warranty Expense we would have to make the following calculation:

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7 0
3 years ago
Bond valuationlong dashSemiannual interest Find the value of a bond maturing in 4 ​years, with a ​$1 comma 000 par value and a c
algol [13]

Answer:

824.28

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Bond price = [(Coupon rate/2) x Par]/(1 + Required return/2) + [(Coupon rate/2) x Par]/(1 + Required return/2)^2 + ... + [(Coupon rate/2) x Par + Par]/(1 + Required return/2)^8

Putting all the number together, we have

Bond price = [(4.5%) x 1000]/(1 + 7.5%) + [(4.5%) x 1000]/(1 + 7.5%)^2 + ... + [(4.5%) x 1000 + 1000]/(1 + 7.5%)^8

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7 0
3 years ago
Brevard Company uses the weighted-average method in its process costing system. The Packaging Department started the month with
kipiarov [429]

Answer:

For conversion costs, the equivalent units of production are 1,610 units. The right answer is B

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units started=1450 units

Therefore, total input= 280  units + 1450 units

Total input = 1730  units

There is end work in process of 120 units

Therefore, the equivalent units of production are=Total input-end work in process

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The equivalent units of production=1,610 units

For conversion costs, the equivalent units of production are 1,610 units

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What do banks pay people who leave their money there?
Kruka [31]
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