Answer:
54,600
Explanation:
According to the scenario, computation of the given data are as follow:-
Particular Quantity of Raw Material (liters)
Required Raw Material 56,000
Add-Raw Material’s ending stock (52,000 × 35%) 18,200
Less-Raw Material’s opening stock(56,000 × 35%) 19,600
Budgeted material need for April 54,600
We simply applied the above format for determining the budgeted material needed for the month of April
The UCC rule says that a merchant who offers to buy, sell, or lease goods and gives a written and signed assurance on a separate form that the offer will be held open cannot revoke the offer for the time stated or if no time is stated, for a reasonable time is referred to as the <u>Firm Offer Rule.</u>
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<h3><u>A Firm Offer: What Is It?</u></h3>
When goods are sold, a firm offer is deemed to have been made when a guarantee to keep the offer open has been signed and the selling merchant meets the requirements for a merchant under the Uniform Commercial Code. Customers frequently ask for a definite offer so they can be certain of their cost over a predetermined period of time. A lot of retailers also request definite offers from their suppliers. Firm offers have a number of benefits, but there is a chance that things could change and the original offer would no longer be appropriate.
For instance, you might not be able to maintain the price you initially proposed due to rising raw material costs or running out of stock.
Only the time period specified in the offer is valid for firm offers. If the offer does not include a deadline, it will be valid for a maximum of three months.
Learn more about the firm offer rule with the help of the given link:
brainly.com/question/13640672?referrer=searchResults
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<span>a.price floor
Where the government fixes the minimum retail price</span>
The correct answer is On the market.
you too!
I don't really like valentines day, I'm probably just gonna hang out with my friend and play Minecraft ;-;