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
Volusia, Inc. Is a U. S. -based exporting firm that expects to receive payments denominated in both euros and Canadian dollars i
NARA [144]

From the details that are contained in the question, the portfolio standard deviation is 0.0544 or 5.44%

<h3>How to solve for the portfolio standard deviation</h3>

w1 = weight of euros 1 = 500000/800000

w2 = weight of canadian dollars = 300000/800000

Standard deviation 1 = 8%

Standard deviation 2 = 3%

Correlation coefficient = 0.30

(w1*σ1)² + (w2*σ2)² + (2* w1*σ1* w2*σ2 * 0.30)^0.5

((0.625*0.08)^{2} +(0.375*0.03)^{2} +(2*0.625*0.08*0.375*0.03*0.3)^0^.^5\\\\= 0.0544

Therefore the portfolio standard deviation is given as 0.0544 or 5.44%

Read more on standard deviation here: brainly.com/question/475676

5 0
2 years ago
On July 14 joseph invested $12000 in a fund that was growing at 5% compound semi annually
kramer

Answer:

$12,300

Explanation:

I will assume that Joseph invested in the fund on July 14, 2013.

We have to calculate the future value to March 15, 2014 (8 months later).

since the interest is compounded semi annually, it will earn interest on January  14, 2014.

Future value = $12,000 x (1 + 2.5%) = $12,300

since the fund is going to earn interests again on July 14, 2014, the value on march 14 is the same = $12,300

5 0
3 years ago
A month after your mutual aid agreement is activated for an incident, a participating jurisdiction claims that their responders
vova2212 [387]

Answer:

A. Check the Insurance and Liability section of your mutual aid agreement

Explanation:

Firstly, a mutual aid agreement is a documents that sets the rules or terms under which help or assistance can be provided between two parties, jurisdictions, NGO, etc.

From the above question, it is important that before any step is taken, it is important to check the insurance an liability section of the mutual aid agreement. This will help to ascertain if indeed you are responsible for the healthcare payment of the responders as claimed by the participating jurisdiction.

This helps to clarify who is responsible for the responders.

Cheers

4 0
3 years ago
On January 1, a company borrowed cash by issuing a $300,000, 5%, installment note to be paid in three equal payments at the end
Stella [2.4K]

Answer & Explanation:

1- What would be the amount of each installment?

The principal to be paid in each instalment = $300,000/3 = $100,000

1st instalment = $300,000*5% + $100,000 = $115,000

2nd instalment = $200,000*5% + $100,000 = $110,000

3rd installment = $100,000*5% +$100,000 = $105,000

2- Prepare an amortization table for the instalment note.

Please see excel in attachment  

3- Prepare the journal entry for the second installment payment.

Debit loan payables account: $100,000

Debit Interest expenses: $10,000

Credit cash: $110,000

Download xlsx
5 0
3 years ago
During June, Buttrey Corporation incurred $84,000 of direct labor costs and $24,000 of indirect labor costs. The journal entry t
Natali [406]

Answer:

debit to work in process of $84,000

Explanation:

Preparation of The journal entry to record the accrual of these wages

The journal entry to record the accrual of these wages would include a: DEBIT TO WORK IN PROCESS of 84,000

Debit work in process $84,000

Credit to factory payroll $84,000

(To record the accrual of wages)

Therefore The journal entry to record the accrual of these wages would include a: debit to work in process of $84,000

3 0
3 years ago
Other questions:
  • Elmdale Company has a machine that affixes labels to bottles. The machine has a book value of $80,000 and a remaining useful lif
    12·1 answer
  • Suppose the market for corn is a purely competitive, constant-cost industry that is in long-run equilibrium. now assume that an
    12·1 answer
  • The default paper size is _____.
    11·1 answer
  • In their battle for chocolate lovers, Godiva and Hershey's must divide the population into different categories of consumers, fo
    15·1 answer
  • Consumer protection laws are meant to:
    14·2 answers
  • How will hiring you benefit our restaurant
    5·1 answer
  • If an investor's aversion to risk increased, would the risk premium on a high beta stock increase by more or less than that of a
    10·1 answer
  • Germany is capital abundant country and Japan is labor abundant country. If computers are produced mostly by capital and beer is
    12·1 answer
  • Betty made a 20% profit on a residential lot she sold for $30,000. What did she pay for the property
    9·1 answer
  • A state whose fiscal year ends June 30, 2013, had the following transactions and events. For each item, compute how much total e
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!