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
Basile [38]
3 years ago
9

MC Qu. 98 Garcia Corporation's April sales forecast... Garcia Corporation's April sales forecast projects that 6,100 units will

sell at a price of $10.60 per unit. The desired ending inventory is 10% higher than the beginning inventory, which was 1,100 units. Budgeted purchases of units in April would be:
Business
1 answer:
Likurg_2 [28]3 years ago
4 0

Answer:

Total budgeted purchases = $65,826

Explanation:

Budgeted purchases

Sales forecast = 6,100 units

Ending inventory 1,100 * 110% = 1,210 units

Required units = 7,310

- Beginning inventory = 1,100 units

Units to be purchased = 6,210

Cost per unit = $10.60

Total budgeted purchases = $65,826

You might be interested in
Which of the following actions ha NO impact on your credit score
mario62 [17]
Credit Karma. just kidding...<span>You may know that </span>credit<span> card balances, payment history and recent </span>credit<span>inquiries can cause </span>your credit score<span> to sink or soar. But when it comes to the three-digit number that </span>has<span> an </span>impact<span> on everything from </span>your<span> ability to rent an apartment to the interest rates on loans, there are a lot of misconceptions.</span>
6 0
3 years ago
Read 2 more answers
Which of the following accounts are closed at the end of the year?A. accounts receivableB. retained earningsC. salaries expenseD
yarga [219]

Answer:

C. salaries expense

D. service revenue

Explanation:

All temporary accounts need to be closed off at the end of the year. Temporary accounts are accounts that both begin and end the period with a $0 balance so that they do not get mixed up with figures from the next period.

Items in the income statement such as revenue and expenses are closed at year end and will form part of the Retained earnings account as they would have been accounted for in the net income.

Salaries expense and service revenue will therefore be closed at the end of the year.

6 0
3 years ago
SUB TO ME thunderoflight12 PLSSSSSSSSSSSSSSS I WILL MARK BRAINLYIST IF YOU DO FOR ALL MY THINGS
Ber [7]
Ok I did and can you help me pls woth some questions
5 0
3 years ago
Asking that all sources of income be revealed on a credit application is prohibited by the ecoa.
andreev551 [17]
That is true. Good luck on your future endeavors. 
7 0
3 years ago
An incomplete life insurance application submitted to an insurer will result in which of these actions
Viefleur [7K]
No insurance coverage.
3 0
3 years ago
Other questions:
  • Suppose that the city of Rentville sets a price ceiling of $800 a month on all apartments, although the market equilibrium rent
    10·1 answer
  • When using project management software, estimates of work time should be entered only at the work package level; the rest of the
    12·1 answer
  • 1. Determine the utilization and the efficiency for each of these situations: a. A loan processing operation that processes an a
    7·1 answer
  • If purchasing power parity holds, then if the price of a basket of goods in the U.S. rose from $1.000 to $1,200 and the price of
    6·1 answer
  • Ted is trying to decide what cost of capital he should assign to a project. Which one of the following should be his primary con
    15·1 answer
  • You invest $1,000 in a complete portfolio. The complete portfolio is composed of a risky asset with an expected rate of return o
    14·1 answer
  • On June 30, year 8, Adonis Co. had outstanding 4%, $4,000,000 face value bonds, originally issued at 98, maturing on June 30, ye
    5·1 answer
  • How might taxes have an impact on your financial plan?
    5·1 answer
  • 11. Write down the importance of marketing mix?<br>बजारशास्त्र सम्मिश्रणको महत्त्व लेख्नुहोस्<br>।​
    13·1 answer
  • Consider golfers who led the Professional Golfers' Association of America (PGA) in winnings at different points in time. Note th
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!