Answer:
Direct material purchase budget for July and August= <u> $10634</u>
Explanation:
T<em>he material purchases budget is determined by adding the the closing stock of materials to the material usage budget and subtracting the opening inventory of materials.</em>
<em>Material purchase budget= Material usage budget + closing inventory - opening inventory</em>
Material budget=
Unit
July = 300×12 = 3600
August = 360 × 12 = <u>4320 </u>
7920
Closing inventory <u>260</u>
8180
cost per unit <u> × $1.30</u>
<u> $10634</u>
Direct material purchase budget for July and August= <u> </u><u>$10634</u>
Answer:
Statement of Cash Flows (Direct Method)
For Year Ended December 31, 2020
Particulars Amount
Cash Flows from operating activities:
Cash Receipts from:
Customers ($50800+ $190100) $240,900
Dividend Revenue $18,800 $259,700
Less: Cash payments:
For Interest -$10,000
For Income Taxes -$16,900
To suppliers for Merchandise -$115,600
For Salaries and wages -$57,100
For Operating Expenses -$28,300 -<u>$227,900</u>
Net Cash provided by operating activities <u>$31,800</u>
Answer:
50%
Explanation:
There are 3 stages of writing namely; pre writing, composing, post writing. 50% of the total writing time is recommended by experts to be devoted to the post writing phase to ensure that the writing is error free and well revised. This allows for a interesting read of the final product. This third phase mainly involves revising/editing and proofreading.
Cheers.
Answer:
Refrain from introducing evidence of prior oral agreements that occurred before or while the agreement was being reduced to its final form in order to alter the terms of the existing contract and you will have no disputes.
Cheers!
Answer:
a) Augmented product: Previous Sabre models have won high praise from the automotive industry, and all 500 units of past vehicles have sold within weeks of announcement
b) Promised product: Sabre provides each potential customer with a list of customizable features that can be added during the manufacturing process.
c) Tangible product: Sabre designs and manufactures each automobile in-house; it makes every part of the car, from the tires to the brakes to the transmission to the metallic paint. Sabre employees make each car by hand.
d) Core product: Sabre is a performance automobile manufacturer headquartered in Ulster, Ireland. It has been in business for eighteen years and has brought twenty performance-oriented automobiles to market during this time.
Explanation:
a) The augmented product is defined as one that is capable of exceeding consumer expectations. In this case, the cars were sold very fast since customers were met with their expectations regarding the product offered.
b) In this case, Saber is able to customize each car with a series of additional features that offer the user so that he is able to have his own car as he would like
c) Tangible products are defined as goods or services that are manufactured, dispatched and delivered, that is, in this case, cars
d) Saber's main product is the manufacture of high performance cars. That is its main product and its strength in the business
