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
zloy xaker [14]
3 years ago
8

Benet Company has budgeted the following unit sales:

Business
1 answer:
Reika [66]3 years ago
8 0

Answer:

Benet Company

Production Budget for 2019:

                                          Quarter   Quarter     Quarter   Quarter

                                                1               2               3              4

Ending inventory           38,000      52,000        75,000       24,000

Units Sold                    105,000     190,000     260,000     375,000

Units available for

 production                 143,000    242,000     335,000     399,000

Beginning Inventory     21,000       38,000       52,000       75,000

Units produced          122,000     204,000     283,000     324,000

Explanation:

a) Data and Calculations:

     2019                  2020

Quarter Units        Quarter Units

1           105,000       1        120,000

2           190,000

3          260,000

4          375,000

Ending inventory

December 31, 2018 = 21,000

Quarter 1, 2019 =       38,000 (190,000 * 20%)

Quarter 2, 2019 =     52,000 (260,000 * 20%)

Quarter 3, 2019 =     75,000 (375,000 * 20%)

Quarter 4, 2019 =     24,000 (120,000 * 20)

Production Budget for 2019:

                                          Quarter   Quarter     Quarter   Quarter

                                                1               2               3              4

Ending inventory           38,000      52,000        75,000       24,000

Units Sold                    105,000     190,000     260,000     375,000

Units available for

 production                 143,000    242,000     335,000     399,000

Beginning Inventory     21,000       38,000       52,000       75,000

Units produced          122,000     204,000     283,000    324,000

You might be interested in
Diane Fisher of ABC Research determined that her lent's problem was lack of knowledge about customer preferences for features on
Fudgin [204]

Answer:

D

Explanation:

In the above scenario, Diane's decision to gather preference information for the product features is an example of her Determining Research Objectives. Thus option D is the right option.

Cheers

6 0
3 years ago
Read 2 more answers
Walker Machine Tools has 6.5 million shares of common stock outstanding. The current market price of Walker common stock is $72
Ksivusya [100]

Answer:

(a) Earnings per share = Net income ÷ Number of shares

= $22,500,000 ÷ 6,500,000

= $3.46

Price-earnings ratio = Stock price ÷ Earnings per share

= $72 ÷ $3.46

= 20.81

(b) Earnings per share = Net income ÷ Number of shares

= $22,500,000 ÷ (6,500,000 + 650,000)

= $3.15

R = (M0 - S) ÷ (N + 1)

= ($72 - $66.50) ÷  (7 + 1)

= $0.69

where,

M0 = current market price of Walker common stock

S = selling price per share

N = seven rights is needed to buy one of the new shares

Ex-rights price = Rights-on price - Rights value

= $72 - $0.69

= $71.31

Price-earnings ratio = Stock price ÷ Earnings per share

= $71.31 ÷ $3.15

= 22.64

3 0
3 years ago
Josh and Pam have bought an older home that needs some repair. After budgeting a total of $1685 for home improvements, they star
Viefleur [7K]

Answer:

$210

Explanation:

Given:

Total budget = $1,685

Amount spent on small improvements = $425

The budget left after spending on small improvements

= Total budget - Amount spent on small improvements

= $1,685 - $425

= $1,260

Now,

the budget left is the maximum budget for the all 6 interior doors

Thus,

6 × max budget for single door = $1,260

or

Max budget for single door = $210

6 0
3 years ago
Big Valley has a times interest earned ratio that is _________, which indicates that Big Valley has _________ long-term insolven
irina1246 [14]

Answer:

C. 3.91; more

Explanation:

the first part of the question is missing. It involved several aspects of Big Valley including its current and quick ratios, ROE and how they compare to the industry's average (they are generally lower than the industry's average).

This particular question refers to times interest earned ratio = EBIT / interest expense = 3.91, and how it compares to the industry's average (it is higher than the industry's average).

Since Big Valley performs poorly against the industry's average when comparing the other 3 metrics, but performs very well in the times interest ratio, it means that Big Valley has a low debt ratio. A low debt ratio results in lower financial leverage and lower interest expense.

5 0
3 years ago
Which could argue that a programmer deserves to have his/her work protected by a copyright purely as a result of his/her inalien
Simora [160]

Answer:

What

Explanation:

8 0
3 years ago
Other questions:
  • You are the manager of a theater. At present the theater charges the same admisssion price of $8 to all customers, regardless of
    6·1 answer
  • You want to show the stock price of a company over the last 6 months. What type of chart would be best for this purpose?
    9·1 answer
  • The table shown below gives the short-run total cost function Noel’s window cleaning firm. This firm competes in a perfectly com
    12·1 answer
  • Quick Clean Chemicals outsources its production to contract manufacturers located in underdeveloped nations where unskilled labo
    13·1 answer
  • What is licensure? I’m doing intro to business
    12·1 answer
  • Refer to the given consumption schedules. DI signifies disposable income and C represents consumption expenditures. All figures
    6·1 answer
  • Carla wants to start a new software company, but she lives in a remote community where few skilled software programmers live. Wh
    5·1 answer
  • The May transactions of Whispering Winds Corp. were as follows. May 4 Paid $690 due for supplies previously purchased on account
    10·1 answer
  • Suppose that a couple of months after the new pizza restaurant opens, the local government institutes a $14 per pizza price ceil
    9·1 answer
  • What are possible red flags or signs of a scam when buying a car?.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!