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
Montano1993 [528]
3 years ago
6

Electro Company manufactures an innovative automobile transmission for electric cars. Management predicts that ending finished g

oods inventory for the first quarter will be 196,200 units. The following unit sales of the transmissions are expected during the rest of the year: second quarter, 327,000 units; third quarter, 221,000 units; and fourth quarter, 256,000 units. Company policy calls for the ending finished goods inventory of a quarter to equal 60% of the next quarter's budgeted sales.Prepare a production budget for both the second and third quarters that shows the number of transmissions to manufacture.
Business
1 answer:
Korolek [52]3 years ago
3 0

Answer:

\left[\begin{array}{ccc}-&Q2&Q3\\Sales&327,000&221,000\\Ending&132,600&153,600\\Beginning&196,200&132,600\\Production&263,400&242,000\\\end{array}\right]

Explanation:

Ending: 60% of nex quearter

q3 221,000 x 60% = 132,600 ending of q2 (therefore beginning of q3

q4  256,000 x 60% = 153,600 ending of q3

begining of q2 is ending of q1 196,200

Production:

sales + desired ending inventory - beginning units

You might be interested in
Assume for Guatemala that the domestic price of coffee without international trade is higher than the world price of coffee. Thi
Marina CMI [18]

Answer:

other countries have a comparative advantage over Guatemala in the production of coffee, and Guatemala will import coffee. 

Explanation:

This question is incomplete. Please check the attached image for a complete question.

A country has comparative advantage in the production of a good or service If it produces the good or service at a lower opportunity cost when compared to its trading partners.

The price of Guatemala's coffee is higher when compared to the world price of coffee without international trade. It shows that Guatemala doesn't have a comparative advantage in the production of coffee. Guatemala should stop producing coffee and import instead. This would enable Guatemala focus more resocurces on the production of good for which it has comparative advantage.

I hope my answer helps you

3 0
3 years ago
Suppose the September Eurodollar futures contract has a price of 96.4. You plan to borrow $50m for 3 months in September at LIBO
bija089 [108]

Answer:

Explanation:

Definition of simple terminologies ;

  • A contractual agreement is an agreement which is made on future exchanges in order to buy or sell goods at a fixed price at a specified time period.
  • LIBOR stands for London interbank offered rate which is the rate at which  banks borrow money from other banks in london market. this rate is a fixed term by the british bankers association.

a) The implied LIBOR of the September Eurodollar futures of 96.4 is =  100 96.4 /400-=0.9%

(b) As we want to borrow money, it implies buying protection against high interest rates, which means low Eurodollar future prices. We will short the Eurodollar contract.

c) Number of contact to be entered into = One Eurodollar contract which is based on a $1 million 3-month deposit. As such, entering into hedge a loan of $50M, will automatically implies entering into 50 short contracts.

d) A true 3-month LIBOR of 1% means an annualized position (annualized by market conventions) of 1% x 4 = 4%. Therefore, our 50 short contracts will pay: [96.4 − (100 − 4) × 100 × $25] × 50 = $50,000.

The increased interest rate has  made the loan more expensive as such, the loss to exposure  will be compensated hence we have to pay the following amount ; ($50,000,000 x 0.01) - $50,000

= $450,000

6 0
2 years ago
The income statement lists all the
olchik [2.2K]

Answer:

A. revenue and expense

Explanation:

An income statement is among the three important financial statements prepared by a business entity. It summarizes all incomes (revenues) and expenses (costs) of a company in a particular financial year. Total costs are subtracted from the total revenue to get the net income.

An income statement is prepared to show the profits of a business in a particular financial year. A positive net income indicates profits, while a negative net income denotes losses.

6 0
2 years ago
When a bank makes a loan:
nignag [31]

Answer:

C

Explanation:

this is the answer bc there is really no effect

4 0
3 years ago
If the CEO wants to have 95.44 percent confidence that the estimates of awareness and positive image are within +/- 2 percent of
prohojiy [21]
The required sample size is 2401 consumers. The .50 is based on the 50% for the worst scenario.
8 0
3 years ago
Other questions:
  • Individuals with the primary responsibility for administering the systems that house the information used by the organization pe
    8·1 answer
  • Allied Cosmos, a cosmetics company, decides to expand its operations to lower-income areas in developing countries. It starts to
    10·1 answer
  • Gershwin Wallcovering Inc. shipped the wrong shade of paint to a customer. The customer agreed to keep the paint upon being offe
    7·1 answer
  • Tony works as a salesperson at Franklin Delights, a company that specializes in labor-saving kitchen appliances. When Tony gives
    15·1 answer
  • Which of the following will not result in the termination and liquidation of a partnership? 1) Partners are incompatible and cho
    9·1 answer
  • What is the benefit to manufacturing items with interchangeable parts?
    10·1 answer
  • Consider the CAPM. The risk-free rate is 7%, and the expected return on the market is 13%. What is the expected return on a stoc
    5·1 answer
  • I'm getting pretty desperate plz help me, I'll give brainiest, and ill make a free question worth 100 points this is for coding
    5·2 answers
  • If a borrower's monthly interest payment on an interest-only loan at an annual interest rate of 7.3% is $877, how much was the l
    10·1 answer
  • You are sitting around the fire at a lodge in Dillingham, Alaska, discussing a fishing expedition you are planning with your col
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!