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
WINSTONCH [101]
3 years ago
8

A company budgeted unit sales of 204,000 units for January, 2017 and 240,000 units for February 2017. The company has a policy o

f having an inventory of units on hand at the end of each month equal to 30% of next month's budgeted unit sales. If there were 61,200 units of inventory on hand on December 31, 2016, how many units should be produced in January, 2017 in order for the company to meet its goals? 214,800 units 204,000 units 193,200 units 276,000 units
Business
1 answer:
tatuchka [14]3 years ago
4 0

Answer:

214,800 units should be produced in January, 2017 in order for the company to meet its goals

Explanation:

Prepare a Production Budget for January 2017 as follows ;

                                                                                 January

Budgeted Sales                                                      204,000

Add Budgeted Closing Stock(240,000×30%)        72,000

Total Production Needed                                       276,000

Less Budgeted Opening Inventory (December)   (61,200)

Budgeted Production                                              214,800

You might be interested in
Describe at least two advantages a large company has over a smaller company. (1-4 sentences.
STatiana [176]

A larger company can benefit from <em>economies of scale</em>, meaning they can get discounts by purchasing and producing in bulk which a smaller company wouldn't have the ability to do. A larger store also has the potential for higher revenue because they have more goods and services to sell.

4 0
3 years ago
Read 2 more answers
Which is NOT a benefit of studying public speaking?
Advocard [28]
Which is NOT a benefit of studying public speaking? 

And the answer is Proves our expertise.

It will help you.
4 0
3 years ago
Read 2 more answers
During a recession, the market demand curve, which is a function of marketing expenditure, ________. A. becomes vertical B. shif
n200080 [17]

Answer:

B. shifts downward

Explanation:

6 0
3 years ago
Other things the same, a decrease in the price level makes consumers feel a. more wealthy, so the quantity of goods and services
nordsb [41]

Answer:

more wealthy, so the quantity of goods and services demanded rises. 

Explanation:

If price level falls, the same basket of goods and services purchased by consumers would cost less. Consumers feel more wealthy and the quantity demanded of goods and services increases .

For example, if I spend $100 on clothes and the price of clothes falls to $50, I would buy clothes for $50 and still have extra $50. I can use the $50 to buy more clothes.

I hope my answer helps you.

3 0
3 years ago
Item 3Item 3 Cutter Enterprises purchased equipment for $87,000 on January 1, 2018. The equipment is expected to have a five-yea
Rus_ich [418]

Answer:

$27,400 and $59,600

Explanation:

The computation of the depreciation expense and the book value using the sum of-the-years'-digits method is shown below:

Depreciation expense is

= (Purchase cost - residual value) × useful life ÷ sum of years

= ($87,000 - $4,800) × 5 years ÷ (5 + 4 + 3 + 2 + 1)

= $27,400

And, the book value is

= Purchase cost - depreciation expense

= $87,000 - $27,400

= $59,600

8 0
3 years ago
Other questions:
  • Dexter Metals, paid its first annual dividend yesterday in the amount of $0.18 a share. The company plans to double each annual
    6·1 answer
  • A ________ is used to accumulate the costs of a job.
    7·1 answer
  • Which of these is NOT one of the primary objectives of an operations and supply chain​ strategy?
    13·1 answer
  • A. "Entrepreneurs bear the risk of business decisions"."Entrepreneurs earn wages".C. Entrepreneurship is the work time and work
    12·1 answer
  • What is a market?
    15·1 answer
  • The following data has been provided for a compan most recent year of operations:
    11·1 answer
  • A company purchased $2,000 of merchandise on July 5 with terms 1/10, n/30. On July 7, it returned $220 worth of merchandise. On
    9·1 answer
  • What are the four categories of taxes individuals deal with throughout their lives?
    11·1 answer
  • The holding period return (HPR) on a share of stock is equal to A) the dividend yield plus the risk premium B) the capital appre
    8·1 answer
  • In designing the organization:________.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!