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
Natalija [7]
2 years ago
13

Flagstaff Company has budgeted production units of 7,900 for July and 8,100 for August. The direct materials requirement per uni

t is 2 ounces (oz.). The company requires to have safety stock of direct materials on hand at the end of each month to complete 20% of the units of budgeted production in the following month. There was 3,160 ounces of direct material in inventory at the start of July. The total ounces of direct materials to be purchased in July is:
a. 15,720 oz.
b. 15,880 oz.
c. 16,200 oz.
d. 15,800 oz.
e. 19,040 oz.
Business
1 answer:
Marysya12 [62]2 years ago
8 0

Answer:

Purchases= 15,880 ounces

Explanation:

Giving the following information:

Production:

July= 7,900

August= 8,100

The direct materials required per unit are 2 ounces (oz.).

Desired ending inventory= 20% of the units of budgeted production in the following month.

Beginning inventory= 3,160 ounces

<u>To calculate the direct material purchase, we need to use the following formula:</u>

<u></u>

Purchases= production + desired ending inventory - beginning inventory

Purchases= 7,900*2 + (8,100*2)*0.2 - 3,160

Purchases= 15,880 ounces

You might be interested in
Zephyr Inc. sells wind based systems for generating electricity. The company pays no dividends, but you estimate the stock will
kari74 [83]

Answer:

The price you should be willing to pay for this stock= $24.86

Explanation:

To estimate the stock will be worth $50 per share 5 years from now and you require a 15% rate of return for stock investments of this type . Therefore  50= xX1.15^5  by solving this equation we have  x= 24.86  . The price you should be willing to pay for this stock= $24.86

7 0
2 years ago
The rate of change is how fast the data is changing.<br><br><br> True<br><br> False
Tasya [4]

Answer:

true

Explanation:

i got it right edg 2020

8 0
3 years ago
Read 2 more answers
Under MSRB rules, any claim, dispute, or controversy shall be submitted to arbitration at the instance of a:______.
katrin2010 [14]

Answer: C. 1,2,3

Explanation:

Under MSRB rules, any claim, dispute, or controversy shall be submitted to arbitration at the instance of a:

• broker-dealer against another broker-dealer.

• customer against a broker-dealer.

• broker-dealer against a customer who has previously signed an arbitration agreement.

Therefore, based on the above scenario, the correct option is C.

3 0
3 years ago
Indigo Corporation significantly reduced its requirements for credit sales. As a result, sales during the current year increased
zhuklara [117]

Answer:

(a) $200,100

(b) $200,100

Explanation:

The movement in the accounts receivable balance at the start and end of an accounting period is due to cash payments, additional credit sales, and any amount written off during the period.

This may be expressed mathematically as  

opening balance + sales - cash collected - amount written off = closing balance

$35,100 + $361,800 - cash collected = $196,800

Cash collected = $35,100 + $361,800 - $196,800

= $200,100

8 0
3 years ago
What is TRUE about non-depository financial institutions?
yKpoI14uk [10]

Non-Depository financial institutions are those institutions that provide various financial assistance. These institutions serves as an intermediaries between borrowers and savers. ... The non-depository financial institutions include commercial banks, credit unions, and saving banks. Therefore, option D is correct

7 0
2 years ago
Other questions:
  • What job responsibilities and duties do you excel at answers?
    14·2 answers
  • Which of the following imperfect competitions in national markets can multinational firms take advantage of? a. product differen
    11·1 answer
  • A financial analyst is presented with information on the past records of 60 start-up companies and told that in fact only 3 of t
    15·1 answer
  • Category Value Net exports $ 50 Value of new goods and services produced in the underground economy 75 Personal consumption expe
    6·2 answers
  • This is not a homework based question, but do you think one day girls will be able to play with the boys in the NFL??
    6·1 answer
  • As you move through your career and begin to seek promotions, it is helpful to ______. a. Target and train for specific career p
    13·2 answers
  • The combination of media, Internet, entertainment, and phone services into a single device illustrates the principal of
    7·1 answer
  • A recent high school graduate is researching ways she can pay for her college education. She has received three small scholarshi
    12·1 answer
  • XYZ stock price and dividend history are as follows:
    8·1 answer
  • Choose the correct description for the following money market instrument. A certificate of deposit is:
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!