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Advocard [28]
3 years ago
10

Acti Manufacturing Corporation is estimating the following raw material purchases for the final four months of the year:

Business
1 answer:
dybincka [34]3 years ago
5 0

Answer:

$468,000

Explanation:

The computation of the accounts payable for raw materials is shown below:

= Remaining percentage × Raw material purchase in December month

= 60% × $780,000

= $468,000

Since we have to find out the account payable so we multiply the remaining percentage with the raw material purchase in December month. All other information are not relevant. Hence, ignored it

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erik [133]

Answer:

Resource Market

Explanation:

A resource market is a market from where businesses purchase inputs that can be used for production.

Resource Market is a market where labor and other factors of production are sold in the circular flow model of income in economic theory.

In Resource Market, households are the sellers and firms are the buyers.

8 0
2 years ago
Suppose the college administrators estimate that the beautification initiative will cost $2,040. To decide whether the initiativ
tekilochka [14]

Answer:

420 x 12 = 5,040

Explanation:

Because the estimated benefit is greater than the cost, the college administrators should undertake the beautification initiative.

8 0
3 years ago
What is corporation management
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4 0
3 years ago
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1. A parent sells merchandise to its subsidiary at a markup of 20% on cost. In the current year, the subsidiary had $120,000 in
NARA [144]

Answer:

The subsidiary reports cost of goods sold at A. $660,000.

Explanation:

Cost of goods sold is the direct cost of producing or purchasing the goods sold by a business. The formula for cost of goods sold is as follows:

Cost of goods sold = Opening inventory + Purchases - Closing inventory

The subsidiary calculates its cost of goods sold as follows.

Opening inventory           $120,000

Add: Purchases                $720,000

Less: Closing inventory    ($180,000)

Cost of goods sold           $660,000

Therefore, the correct option is A. $660,000.

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2 years ago
What takes a new approach to middleware by packaging commonly used applications together, reducing the time needed to integrate
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D. Enterprise application integration middleware

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