Has a _____ percent of chance of being schizophrenic.

Aborkian Co. is forecasting sales of 75,000 units of product for November. To make one unit of finished product, seven pounds of

melamori03 [73]

Questions

Aborkian Co. is forecasting sales of 75,000 units of product for November. To make one unit of finished product, seven pounds of raw materials are required. Actual beginning and desired ending inventories of raw materials and finished goods are:

November 1 November 30

(Actual) (Desired)

Raw materials (pounds) 91,400 86,400

Finished goods 8,500 9,600

(a.) Calculate the number of units of product to be produced during November.

(b.) Calculate the number of pounds of raw materials to be purchased during November

Answer:

Number of units to be produced= 76,100 units

Raw materials to be purchased= 527,700 pounds

Explanation:

Units to be produced

Number of units to be produced = sales budget + closing inventory - opening inventory

= 75,000 + 9,600 - 8,500 = 76,100 units

Number of units to be produced= 76,100 units

Raw materials purchase budget

Raw materials to be purchased = Raw materials to be used + closing inventory of raw materials - opening inventory of raw materials

Raw material usage = production units × standard pounds per unit

= 76,100× 7 =532700 pounds

Raw materials to be purchased = 532,700 +86,400 - 91,400=527700

Raw materials to be purchased= 527,700 pounds

4 0

3 years ago

You decide to buy a new car. You talk to friends about it, research mechanical specifications in Consumer Reports, test drive di

Montano1993 [528]

I’ll say it’s A
But I think it’s C
It’s gonna be either A or C

8 0

3 years ago

In a particular labor market, the demand for labor is given by W = 20 – (1 / 100)L, and the supply of labor is given by W = 4 +

djverab [1.8K]

The wage will create surplus of workers since it is above the equilibrium wage.

3 0

3 years ago

ma Rich purchased 100 shares of Stockits, Inc.'s $1 par value common stock from Stockits for $5 per share. Which statements are

vivado [14]

The correct options for Which statements are true regarding the effect of this transaction on Stockits' financial statements are B. Stockholders' equity on the balance sheet increases. C. The financing activities section of the statement of cash flows increases.

Equity is something invested in the company by using its owner or the sum of the entire belongings minus the sum of the company's general liabilities. E.g., common stock, additional paid-in capital, favored inventory, retained income, and the amassed different complete earnings.

For most companies, high stockholders' equity shows more stable finances and greater flexibility in case of an economic or financial downturn. information stockholders' equity is one way that buyers can learn about the monetary health of a firm.

Your question is incomplete. Please read below for the missing content.

ma Rich purchased 100 shares of Stockits, Inc.'s $1 par value common stock from Stockists for $5 per share. Which statements are true regarding the effect of this transaction on Stockits' financial statements? (Select all that apply.)

A. A gains will be reported on the income statement.

B. Stockholders' equity on the balance sheet increases.

C. The investing activities section of the statement of cash flows increases.

D. The financing activities section of the statement of cash flows increases.

E. Stockholders' equity on the balance sheet decreases.

Learn more about Equity here brainly.com/question/1957305

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4 0

2 years ago

Orchid Corp. has a selling price of $15, variable costs of $12 per unit, and fixed costs of $27,000. If Orchid sells 11,500 unit

Helga [31]

Answer:

Total contribution margin= $34,500

Explanation:

Giving the following information:

Selling price= 15

Unitary variable cost= 12

First, we need to calculate the unitary contribution margin:

Unitary contribution margin= selling price - unitary variable cost

Unitary contribution margin= 15 - 12 = 3

Now, the total contribution margin for 11,500 units:

Total contribution margin= 3*11,500= $34,500

6 0

3 years ago