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Scorpion4ik [409]
3 years ago
8

f the company estimates that it will need 55,480 pounds of raw material to satisfy production needs in March, then the raw mater

ials inventory balance at the end of February should be closest to: Multiple Choice $55,108 $50,152 $5,548 $4,956
Business
1 answer:
Rama09 [41]3 years ago
4 0

Answer:

$5,548

Explanation:

Bonkowski Corporation

Estimated raw materials inventory balance at the end of February will be:

Raw materials inventory (ending) 5,548

(55,480 pounds × 10% )

Cost per pound $1.00

Hence:

Balance of Raw material inventory at the end of February will be:

$5,548 ×$1.00

=$5,548

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Voiles Company reissued 200 shares of its treasury stock. The treasury stock originally cost $25 per share and was reissued for
Naddika [18.5K]

Answer:

The correct option is A,A. 7,000 = NA + 2,000 - (5,000) NA - NA = NA 7.000 FA

Explanation:

By issuing the treasury stock ,asset,cash to be precise increases by $7000($35*200) which implies a debit to the asset ,hence the $7000 seen on the left hand-side of the equation.

This transaction has no liability impact,as a result liabilities is denoted NA,not applicable.

The par value of the treasury is to be credited to treasury stock with $5,000($25*200).

Lastly the difference between the par value and the issue is credited to paid-in capital from treasury stock i.e($35-$25)*200))=$2000,this is depicted by $2000 in the equation

5 0
3 years ago
The simplicity of the metric system lies in the relationship of the expression of quantity (how much) based on the number ? .
Westkost [7]
The metric system is based on the number 10 so that in linear measurement, there is a mm, a cm a metre and a kilometer such that10mm = 1cm and 100 cm = 1 metre and 1000 metres = 1 kilometre. In volume, there is the ml and the litre such that 1000ml=1litre and with grams and kilograms, 1000 grams = 1 kilogram. 
7 0
3 years ago
Consider the following five scenarios related to wage inequality. Please label each with the correct source of the identified wa
iren [92.7K]

Answer and Explanation:

1. Compensating differentials: Riley works a less risky job and is therefore paid less than his twin Rowland who drives Chemicals to and fro and is considered to do a more risky make job

2.talent/ability: Bert has a a natural talent and ability

3.Compensating differentials: Rosalie works harder than Henry and so earns more than him

4.Human Capital: Simon is paid more as he is considered to have more knowledge and experience. He is a masters degree while Denise has a bachelor's degree which is considered lower in valuing human capital in an organization.

5.Talent/ability:Bernice has a natural talent and ability

4 0
3 years ago
Yuri wants to pay for his new chair using a check. What must he consider before using that method of payment? Yuri must check hi
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Answer:

Yuri must be sure he has enough left in his checking account for any expenses and automatic payments.

8 0
3 years ago
A bakery would be willing to supply 500 bagels per day at a price of $0.50 each. At a price of $0.80, the bakery would be willin
son4ous [18]

Answer:

1.63

Explanation:

The computation of the pricing elasticity of supply using the midpoint method is shown below:

= (change in quantity supplied ÷ average of quantity supplied) ÷ (percentage change in price ÷ average of price)  

where,  

Change in quantity supplied would be

= Q2 - Q1

= 1,100 - 500

= 600

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= P2 - P1

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And, average of price would be

= ($0.80 + $0.50) ÷ 2

= 0.65

So, after solving this, the price elasticity of supply is 1.63

6 0
3 years ago
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