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mafiozo [28]
2 years ago
15

Flagstaff Company has budgeted production units of 7,900 for July and 8,100 for August. The direct materials requirement per uni

t is 2 ounces (oz.). The company requires to have safety stock of direct materials on hand at the end of each month to complete 20% of the units of budgeted production in the following month. There was 3,160 ounces of direct material in inventory at the start of July. The total ounces of direct materials to be purchased in July is:
Business
1 answer:
rjkz [21]2 years ago
8 0

Answer:

Purchases= 15,880 ounces

Explanation:

Giving the following information:

Production:

July= 7,900

August= 8,100

The direct materials required per unit is 2 ounces (oz.).

Ending inventory= 20% of the units of budgeted production in the following month.

There were 3,160 ounces of direct material in inventory at the start of July.

To calculate the direct material purchase required, we need to use the following formula:

Purchases= production + desired ending inventory - beginning inventory

Purchases= 7,900*2 + (8,100*2)*0.2 - 3,160

Purchases= 15,880 ounces

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Answer: The correct answer is "E. BigFive's employees not only know how to do their work but also are enthusiastic and committed.".

Explanation: The BigFive Inc company, when selecting employees carefully emphasizing the search for skills and above all commitment to the values of customer service and quality of the company, in the long term it was highly benefited since its employees are trained according to the culture Organizational of the company and they not only know how to do their job, but they are also excited and committed.

8 0
2 years ago
Benjamin Garcia's start-up business is succeeding, but he needs $210,000 in additional funding to fund continued growth. Benjami
Dima020 [189]

Answer:

Missing word <em>"Because the stock will be sold directly to an investor, there is no spread; the other flotation costs are insignificant"</em>

<em />

Fair Price is based on the current valuation of business and that is $840,000 in this case.

Fair Price = Current Value of Business/Number of Outstanding Shares

Fair Price = $840,000 / 37,000 shares

Fair Price = 22.7027027

Fair Price = $22.70.

Number of Additional Shares = Additional Funding Required/Fair Price Per Share =

Number of Additional Shares = $210,000 / $22.70

Number of Additional Shares = 9251.101321585903

Number of Additional Shares = 9251 shares

So, since additional funding of $210,000 is required, Benjamin will have to sell 9,251 shares as additional shares to the Angel.

6 0
2 years ago
​the progressive insurance ad campaign knows that the average person in the target market is exposed to the message 13 times in
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This measures frequency, as it states that number of times the target gets to see the message
8 0
3 years ago
Tiggie’s Dog Toys, Inc. reported a debt-to-equity ratio of 1.75 times at the end of 2018. If the firm’s total assets at year-end
il63 [147K]

Answer:

Total debt is $15.91million

Total equity is 9.09miliion

Explanation:

Debt-to-equity ratio relates to how a firm is financing its operations through debt versus shareholders' equity(owners' fund)

The formula is: Total debt/total equity

Debt-to-equity ratio = 1.75times

Total assets =$25 million

We know the Equity = Asset - liability(debt)

We can rewrite the equation as:

Debt-to-equity ratio = Total debt/asset - debt

Let's represent debt as 'y'

1.75 = y/$25million - y

y = 1.75($25million - y)

y = $43.75 - 1.75y

Collect the like terms

y + 1.75y = $43.75million

2.75y = $43.75million

y = $43.75million/2.75

y = $15.91million

Therefore, total debt is $15.91million

Using the same formula: Total debt/total equity

Lets represent equity with z

1.75 = $15.91million/z

z = 15.91million/1.75

z = 9.09miliion

Therefore total equity is 9.09miliion

6 0
3 years ago
Read 2 more answers
NEED HELP ASAP
katovenus [111]

Pierre engaging in such actions is known as rationalizing.

When a person rationalizes a decision they:

  • <em>T</em><em>ry to prove that what they did isn't bad </em>
  • <em>C</em><em>ome up with some sort of reasoning to support their decision </em>

Pierre is clearly doing something wrong here by increasing expenses more than they are supposed to be. He however convinces himself that what he is doing is not bad because no one will notice.

He is therefore coming up with reasons to prove that what he is doing is not bad and we can conclude based on this fact that he is engaged in rationalizing his behavior.

<em>Find out more at brainly.com/question/14453354.</em>

7 0
1 year ago
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