Answer:
1,950,000 grams
Explanation:
The computation of the material should be purchased is given below:
Raw materials purchased is
= Ending inventory of raw materials + Materials to be used - Beginning Inventory of raw materials
where,
Raw materials to be used = units produced × 7 grams
Units produced is
= Ending inventory of finished goods + units sold - beginning inventory of finished goods
= 30,000 units + 270,000 units - 20,000 units
= 280,000
Now raw materials used is
= 280,000 × 7 grams
= 1,960,000 grams
Now
Materials purchased = Ending inventory of raw materials + Materials to be used - Beginning Inventory of raw materials
= 40,000 grams + 1,960,000 grams - 50,000 grams
= 1,950,000 grams
Answer:
A. property tax payments made in July and December
Explanation:
Indirect costs are defined as those cost that a business incurs during normal operation or production process that are not directly traceable to the product. Indirect costs include rent, taxes, salaries, and maintenance cost.
In this scenario if indirect costs are calculated monthly there will be discrepancy of taxes are paid in July and December. This is because during the first six months of the year tax will not be accounted for, and also from August to November tax will not be recognised. Therefore monthly calculations will not be a true reflection of indirect costs incurred.
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Answer:
labor market
Explanation:
The labor market is the market in which the supply and the demand for the jobs are meet out along with the labors who give the services based on the demand of the employers.
So here the work of the household and as per this they received the payment from the firms so this could be done under the labor market