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
Mekhanik [1.2K]
3 years ago
6

Coomb's Fashions forecasts sales of $125,000 for the quarter ended December 31. Its gross profit rate is 20% of sales, and its S

eptember 30 inventory is $32,500. If the December 31 inventory is targeted at $41,500, budgeted purchases for this quarter should be:
Business
1 answer:
VikaD [51]3 years ago
5 0

Answer:

Total purchase= $109,000

Explanation:

<u>To calculate the budgeted purchases, we need to use the following formula:</u>

Purchases= production + desired ending inventory - beginning inventory

Budgeted purchase:

Production= 125,000*0.8= 100,000

Desired ending inventory= 41,500

Beginning inventory= (32,500)

Total purchase= $109,000

You might be interested in
The minimum monthly payment for Rebecca's credit card is 2% of her balance or $15, whichever is higher. If Rebecca's balance at
Leno4ka [110]
$15.00 .....this sentence is just filler because $15.00 is too short.
6 0
3 years ago
Read 2 more answers
The producers of Power Drink promote their drink over Energy Plus Drink in their advertisements. This type of advertisement is r
gtnhenbr [62]
Display advertisement?
3 0
3 years ago
When managers work on creating conditions and systems to ensure that everything and everyone works together to achieve the organ
SVETLANKA909090 [29]

Answer: Organising

Explanation: Organising in management involves the role a manager plays to ensure that things are working effectively in an organization and that every department in the organization are working at their maximum best. In organising the manager puts everything in place for the smooth running of the organization.

7 0
3 years ago
Andy's candy purchased equipment for $35,000. sales tax on the purchase was $3,500. other costs incurred were freight charges of
12345 [234]

Not really sure if the $35,000 is the total or not but..


If the $35,000 dollars is the total then here you go.

Take the $35,000 dollars and subtract the 10% sales tax.

35,000 - 3,500 = 31,500

Then take the total before tax and subtract the shipping charges.

31,500 - 940 = 30,560

Finally, subtract the cost of installation.

30,560 - 1,120 = 29,440

Andy's Candy spent $29,440 on equipment before taxes.

8 0
3 years ago
Any guys wanna join a pad <br> let
nirvana33 [79]

Answer:

How about not mate B)

Tho because you offered take a meme.

Explanation:

6 0
3 years ago
Read 2 more answers
Other questions:
  • What type of relationship do two people who work the same job share?
    14·2 answers
  • Which of the following statements is CORRECT?a. If a project has "normal" cash flows, then its MIRR must be positive.b. If a pro
    10·1 answer
  • Suppose that a firm's long-run average total costs of producing custom wooden picnic tables is $300 when it produces 10,000 tabl
    6·1 answer
  • Self-employed individuals may claim, as a deduction for adjusted gross income, 50 percent of theirA) traditional IRA contributio
    11·1 answer
  • As of December 31, Year 2, Moss Company had total cash of $195,000, notes payable of $90,500, and common stock of $84,500. Durin
    7·1 answer
  • The most efficient distribution of pollution abatement is such that the:
    5·1 answer
  • Suppose that Freddie's Fries has annual sales of $520,000; cost of goods sold of $395,000; average inventories of $11,000; avera
    7·1 answer
  • Refer again to the income statements for Cover-to-Cover Company and Biblio Files Company on their respective Income Statement. N
    10·1 answer
  • Identify the statement below that is true regarding the Allowance for Doubtful Accounts account. Multiple Choice The account has
    5·1 answer
  • If a casket cost $1,000.00 wholesale, and the funeral home's fixed multiple was 5, what would the selling price of that casket b
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!