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
Wittaler [7]
3 years ago
12

Blaylock plans to sell 85,000 units of product no. 794 in May, and each of these units requires three units of raw material. Per

tinent data follow. Product No. 794 Raw Material Actual May 1 inventory 11,000 units 29,000 units Desired May 31 inventory 17,000 units 20,000 units On the basis of the information presented, how many units of raw material should Blaylock purchase for use in May production
Business
1 answer:
baherus [9]3 years ago
5 0

Answer:

Purchases=  264,000 units

Explanation:

Giving the following information:

Product N°794:

Sales= 85,000 units

Beginning inventory= 11,000

Ending inventory= 17,000

Raw materials:

Standard raw material per unit= 3 units

Beginning inventory= 29,000 units

Ending inventory= 20,000 units

<u>First, we need to calculate the total production for May:</u>

Production= sales + desired ending inventory - beginning inventory

Production= 85,000 + 17,000 - 11,000

Production= 91,000 units

<u>Now, purchases of raw material for May:</u>

Purchases= production + desired ending inventory - beginning inventory

Purchases=  91,000*3 + 20,000 - 29,000

Purchases=  264,000 units

You might be interested in
Luxury motors introduced a new car to its already popular sedan line. The new car sold very well in its first year, so the compa
kiruha [24]
The company experienced cannibalization from the new car from its existing product line.
5 0
2 years ago
The Pastel Paint Company recently loaned $300,000 to KIX 96, a local radio station. The radio station signed a noninterest-beari
VladimirAG [237]

Answer:

Following are the queries to these question:

Explanation:

Reporting entering for recording the note received

Permissible notes (face amount)........................................................  \$300,000

Cash................................................................................................... \$300,000

7 0
3 years ago
Abba, Inc. is considering dropping a product line. During the prior year, the line had sales of $207,000 and a contribution marg
damaskus [11]

Answer:

Overall net income will decrease by $34,000.

Explanation:

Calculation to determine net operating income

Using this formula formula

Net operating income=Contribution margin -Avoidable costs

Where,

Contribution margin =$124,000

Avoidable costs= Salaries $60,000

+Advertising $20,000+Administrative expenses $10,000

Let plug in the formula

Net operating income=$124,000-($60,000+$20,000+$10,000)

Net operating income=$124,000-$90,000

Net operating income=$34,000 Decrease

Therefore If this product line is dropped overall net operating income will:decrease by $34,000

8 0
3 years ago
Lance lopes went to his bank to find out how long it will take for $1,500 to amount to $2,700 at 15% simple interest. can you so
denis23 [38]
To find simple interest: 

Time = Interest/(Principle)(Rate)

Interest is the amount of interest paid
Principle is the amount you lent or borrow
Rate is the percentage of principle charged as interest each year
Time is the years of the loan

P=Principle amount of $1,500
I=Interest amount of $1,200 (Take the new amount of $2,700 and subtract from the principle that is $1,500 which gives you $1,200)
r= as a decimal .15 (15%/100)
t=unknown

T=I/PR

T=1,200/(1,500)(.15)
T=1,200/225
T=5.3 years 

It would take Lance roughly 5.3 years
3 0
3 years ago
Costello Corporation reported pretax book income of $500,900. During the current year, the reserve for bad debts increased by $6
raketka [301]

Answer:

Deferred income tax expense = $7,161

Explanation:

Given:

Bed debts increase = $6,800

Depericiation increase = $40,900

Tax-exempt life insurance = $3,450

Computation:

Assume tax rate = 21%

Taxable difference = 40,900 - 6,800

Taxable difference = 34,100

Deferred income tax expense = 34,100 × 21%

Deferred income tax expense = $7,161

6 0
3 years ago
Other questions:
  • What is 8,000 multiplied by 15%
    10·2 answers
  • A project with an initial cost of $27,250 is expected to generate cash flows of $6,600, $8,700, $9,100, $8,000, and $7,400 over
    7·1 answer
  • You just purchased a share of SPCC for $100. You expect to receive a dividend of $5 in one year. If you expect the price after t
    10·1 answer
  • Danielsen's has 15,000 shares of stock outstanding and projected annual free cash flows of $48,200, $57,900, $71,300, and $72,50
    6·1 answer
  • Determine the future value if $5,000 is invested in each of the following situations: 7 percent for seven years
    7·1 answer
  • Insurance sales, tax preparation, personal financial advising, and investment fund management are careers in which workers can b
    7·2 answers
  • Why do cats meow? I think I want to be a cat.
    9·2 answers
  • Clarisa, an engineering manager, wants to purchase a resort accommodation to rent to skiers. She is considering the purchase of
    10·1 answer
  • An _________________ is calculated by subtracting the firm's costs from its total revenues, _______________________. Group of an
    13·1 answer
  • an improved charging/discharging strategy of lithium batteries considering depreciation cost in day-ahead microgrid scheduling
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!