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
const2013 [10]
3 years ago
11

Mary's Baskets Company expects to manufacture and sell​ 30,000 baskets in 2019 for​ $5 each. There are​ 4,000 baskets in beginni

ng finished goods inventory with target ending inventory of​ 4,000 baskets. The company keeps no work−in−process inventory. What amount of sales revenue will be reported on the 2019 budgeted income​ statement? Question 4 options: $130,000 $150,000 $110,000 $170,000
Business
2 answers:
goldfiish [28.3K]3 years ago
7 0

Answer:

The sales revenue that will be reported is $150000

Explanation:

As the beginning and ending target inventory is the same, the units sold by Mary's Baskets will remain at 30000 baskets.

Sales = Opening inventory in units + Production - Closing Inventory

Sales in units = 4000 + 30000 - 4000  = 30000 units

The revenue is a function of Sales quantity multiplied by the selling price. The selling price is $5 per unit.

Sales revenue = 30000 * 5 = $150000

algol133 years ago
5 0

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Mary's Baskets Company expects to manufacture and sell​ 30,000 baskets in 2019 for​ $5 each.

<u>Sales revenue is the result of multiplying the number of units sold for the selling price per unit:</u>

<u></u>

Sales= 30,000*5= $150,000

You might be interested in
10
nata0808 [166]

Answer:

cuvuvigigigigig88g8gigigig8fi

7 0
2 years ago
Egan is very skilled at budgeting his money, he is very patient, he understands how to track his own financial records, and he k
pentagon [3]

Answer:

Business Finance Management

Explanation:

Business Finance Management is the best fit for this because of requires a lot of skill in planning and budgeting money.

3 0
3 years ago
Read 2 more answers
Why do​ long-run elasticities of demand differ from​ short-run elasticities? ​Long-run elasticities of demand differ from​ short
Ne4ueva [31]

Answer:

The correct answer is option D.

Explanation:

Long-run elasticities of demand differ from short-run elasticity. In the short period is more inelastic. This is because people take time to adjust their consumption habits. So if the time period people have to adjust to the price change is long, then the demand will be elastic.  

Durable goods can be used for a relatively long time. So they will have a less elastic demand.

3 0
3 years ago
Read 2 more answers
Why do u make us pay have the help we need
dezoksy [38]

Answer:

yeah right

Explanation:

8 0
3 years ago
What do we do when there is a fire? The branilest answer
tiny-mole [99]
You run out and call 911 or whatever the number is for you and if you’re on fire stop drop and roll because if you run you’re only giving the fire more oxygen
3 0
3 years ago
Other questions:
  • Real estate is a great investment for everyone, particularly since the money is more liquid than common stocks. true or false
    12·2 answers
  • On December 29, year 6, Kolek Company granted 100,000 stock options to a group of 100 employees, enabling each employee to buy 1
    6·1 answer
  • Which of the following are requirements for product manufacturing?
    6·1 answer
  • Heidi runs a multiple regression for the output of cheese curds by using the daily temperature and the consumption of sweet clov
    5·1 answer
  • Julius asks Rachel if she would like to sell her boat. Rachel privately has no interest in selling her boat, and believes that J
    7·1 answer
  • After assessing the market growth potential and market competitiveness in Mexico for his company's baby products, Harold wanted
    9·1 answer
  • Which one of the following statements correctly applies to a sole proprietorship?A. The business entity has an unlimited life.B.
    12·1 answer
  • Help !!! It’s about how much money you will make by 65
    13·1 answer
  • Explain the income from business and its taxation treatment
    6·1 answer
  • The​ ________ is the optimum budget to managers that plan revenues and expenses at different sales volumes.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!