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3 years ago

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

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Based on the constant demand assumption in the economic order quantity (EOQ) model, the average cycle inventory is: Question 20

irina [24]

Answer:

c. half of the order quantity

Explanation:

Based on the constant demand assumption in the economic order quantity (EOQ) model, the average cycle inventory is <u>half of the order quantity</u>

Economic order quantity is a quantity which minimizes the ordering cost and holding cost

Q = EOQ = $\sqrt{2*D*S/ H}$ where D = Demand unit, S = Order cost and H = Holding cost

- Ordering cost and the Holding at EOQ will be same

- Average inventory = Q/2

- Average inventory is the half of the order quantity.

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3 years ago

What do you think is meant by the phrase "both alien and non-alien"?

serious [3.7K]

I believe it meant both alien immigrants and non-alien immigrants? Is this the correct context, immigration? Or, does it mean extra-terrestrial life? I would need to see context to know for sure, but I believe it is referencing immigration.

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3 years ago

Wearing a headset or earplugs while driving is legal

ruslelena [56]

The answer would be B

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3 years ago

Read 2 more answers

g If nominal GDP is $4,000 billion and the amount of money demanded for transactions purposes is $800 billion, it can generally

aleksley [76]

Answer:

on average, each dollar will be spent five times a year.

Explanation:

Based on the information given it can generally be concluded that ON AVERAGE, EACH DOLLAR WILL BE SPENT FIVE TIMES A YEAR reason been that nominal GDP of the amount of $4,000 billion Divided by $800 billion which is the amount of money that was demanded for transactions purposes will give us 5 indicating that on average, each dollar will be spent five times a year.

Calculated as:

nominal GDP /Money demanded

=$4,000 billion/$800 billion

Therefore it can generally be concluded that on average, each dollar will be spent five times a year.

8 0

3 years ago

The relationship between financial leverage and profitability Pelican Paper, Inc., and Timberland Forest, Inc., are rivals i

mamaluj [8]

Answer:

Pelican's debt ratio 9%

Timberland's debt ratio 50%

The times interest earned ratio for Pelican 57.5

The times interest earned ratio for Timberland 10.45

C is correct as Pelican has 57.5 times interest earned ratio while Timberland only 10.45 times.in other words,earnings of Timberland is more volatile.

D is also correct ,since it has financial leverage of 50.46% as against Pelican financial leverage of 9.17%

The operating margin for Pelican is 14.76% while the operating margin for Timberland is 13.8%

Return on total assets for Pelican is 36.9% and that of its competitor is 34.5%

The return on equity for Pelican 40.6% and that of Timberland is 69.6%

C is correct as Pelican is more profitable than Timberland as shown by the higher net profit margin and return on assets

B is correct, even though Pelican is more profitable (higher net profitmargin), Timberland has a higher ROE than Pelican due to the additional financial leverage risk.

Explanation:

All of the ratios requested for are found in the attached spreadsheet.

Download xlsx

3 0

3 years ago