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snow_lady [41]
3 years ago
14

Health Resources expects to sell 480 units of Product A and 440 units of Product B each day at an average price of $19 for Produ

ct A and $32 for Product B. The expected cost for Product A is 40% of its selling price and the expected cost for Product B is 62% of its selling price. Health Resources has no beginning inventory, but it wants to have a six-day supply of ending inventory for each product. Compute the company's budgeted sales for the next (seven-day) week. (Round the answer to the nearest dollar.)
Business
1 answer:
dedylja [7]3 years ago
5 0

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Health Resources expects to sell:

480 units of Product A

440 units of Product B

Selling price:

Product A= $19

Product B= $32

Cost:

Product A is 40% of its selling price= $7.6

Product B is 62% of its selling price= $19.84

Sales:

Product A= 480*7 days* 19= $63,840

Product B= 440*7*32= $98,560

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Answer:

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Explanation:

Calculation for the margin that Auagaa474 needed to earn in order to achieve an ROI of 27.2%

First step is to calculate the Turnover using this formula

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Let plug in the formula

Turnover= $491,300 ÷$289,000

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Now let calculate the margin using this formula

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Let plug in the formula

27.2% = Margin × 1.7

Margin = 27.2% ÷ 1.70

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Margin= 16%

Therefore the margin that Auagaa474 needed to earn in order to achieve an ROI of 27.2% will be 16%

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Answer:

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Bonds Payable will also decrease because the bond that is being retired will reduce the number of bonds payable that the company has to pay off.

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