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
cricket20 [7]
3 years ago
5

Trago Company manufactures a single product and has a JIT policy that ending inventory must equal 10% of the next month's sales.

It estimates that May's ending inventory will consist of 29,800 units. June and July sales are estimated to be 298,000 and 308,000 units, respectively. Compute the number of units to be produced that would appear on the company's production budget for the month of June.
Business
1 answer:
Elena L [17]3 years ago
8 0

Answer:

299,000 units

Explanation:

Given that,

June sales = 298,000 units

July sales = 308,000 units

Ending inventory = 10% of the next month's sales

Units to be produced in the month of June:

= Sales - Beginning inventory + Closing inventory

= Sales - (10% of June sales) + (10% of July sales)

= 298,000 - (0.1 × 298,000) + (0.1 × 308,000)

= 298,000 - 29,800 + 30,800

= 299,000

Therefore, the number of units to be produced that would appear on the company's production budget for the month of June is 299,00 units.

You might be interested in
Mountain Products has decided to raise $6 million via a rights offering. The company will issue one right for each share of stoc
storchak [24]
I think the answer is E
4 0
3 years ago
A cover letter may be searched for keywords<br> true or false
Vaselesa [24]
True, it may be searched for keywords
7 0
2 years ago
Read 2 more answers
g On January 2, 2010, Howdy Doody Corporation purchased 12% of Ranger Corporation's common stock for $50,000 and classified the
Aliun [14]

Answer:

$7,200

Explanation:

The calculation of income that should be presented in the income statement is shown below:-

Dividend Received = Given percentage × Paid dividend

= 12% × $60,000

= $7,200

Therefore for computing the income that should be presented in the income statement we simply applied the above formula.

Therefore the above is the answer

8 0
3 years ago
7. Total Cost for Savings Piggy bank with cash Dean is planning to purchase a new Nissan Altima which costs $26,865. He has save
son4ous [18]

Answer:

The monthly deposit is calculated using PMT function :

rate = 1.2%/2 (converting annual rate into monthly rate)

nper = 12 * 5 (5 years of deposits with 12 monthly deposits each year)

pv = -3200 (Amount put into account now. This is entered with a negative sign because it is a cash outflow)

fv = 26865 (Required value of account after 5 years)

PMT is calculated to be $379.70.

The monthly deposit is  $379.70.

7 0
2 years ago
A bank reconciliation with the headings "Balance per Books" and "Balance per Bank" lists three adjustments under the former and
Vlada [557]

Answer:

a. 3

Explanation:

Bank Reconciliation: The Bank reconciliation works with the balance of the bank statement and the balance of the cash statement. The aim is to compare those two statements to allow the company to run smoothly.  

There are different transactions because of which the balance of the bank statement and the balance of the cash statement do not match. We adjust the transactions accordingly to match those statements.

Based on the cash balance, there would be three adjusting entries which are given below:

a. Bank service charges

b. Notes collected

c. Interest earned

These adjusting entries are required so that the cash balance should balance with the valid cash balance.

5 0
3 years ago
Other questions:
  • Customer intimacy is the process whereby a business learns as much as possible about its customers to better anticipate and addr
    9·1 answer
  • The following account balances were taken from the adjusted trial balance of Kendall Company: Revenues $ 22,400 Operating Expens
    5·1 answer
  • A 6-year bond, 8% semiannual coupon bond sells at par ($1,000). Another bond of equal risk, maturity, and par value pays an 8% a
    13·2 answers
  • One suggestion for effective teamwork is to resolve disputes _____.
    9·2 answers
  • It is not possible to create a per unit MCS if you are given total revenue and selling price. True False
    8·1 answer
  • g you are deciding between a conventional air conditioner and a high efficiency (High SEER) unit. The high efficiency unit costs
    5·1 answer
  • Concord Company sells merchandise on account for $5700 to Ivanhoe Company with credit terms of 2/10, n/30. Ivanhoe Company retur
    5·1 answer
  • An investor purchases a mutual fund share for $100. The fund pays dividends of $2, distributes a capital gain of $3, and charges
    8·1 answer
  • 2-a. Refer to the original data. How much will net operating income increase (decrease) per month if the company uses higher-qua
    5·1 answer
  • Hilton Company manufactures two products: Product A100 and Product X500. The company currently uses a plantwide overhead rate ba
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!