Answer:
$506,800
Explanation:
The calculation of budgeted materials cost is shown below:-
For computing the budgeted materials cost first we need to find out the total materials for production and materials to be purchased which is here below:-
Total materials for production = Budgeted production × Pounds of raw material per unit
= 35,000 × 4
= 140,000
Materials to be purchased = Total materials for production + Ending raw materials inventory - January 1 inventory
= 140,000 + (39,000 × 4 × 30%) - 42,000
= 140,000 + 46,800 - 42,000
= 186,800 - 42,000
= 144,800
Budgeted materials cost for January = Materials to be purchased × Cost per pound
= 144,800 × $3.50
= $506,800
Answer:
definition by etymology
Explanation:
<em>Etymology</em> is called the study of the origin of individual words, their chronology, their integration into a language, as well as the source and details of their changes in form and meaning.
In languages with a long written history, etymology is a discipline related to philology and historical linguistics, which includes the study of the origin of words by investigating their original meaning, their structure, as well as their diachronic evolution, that is, possible changes that have occurred over time.
Also, to obtain some direct source, for example writing, by means of comparative linguistic methods, data related to extremely old languages can be reconstructed. Thus, through analysis of other related languages, linguists can make inferences about the language from which they originate and their vocabulary.
<u>Answer:</u>
<u>Pratt Company should incur additional manufacturing cost of $15,000, since they stands to gain more.</u>
<u>Explanation:</u>
Note that every company usually place more importance to profit first, and tries to reduce losses. if Pratt Company goes with the option of selling for the scrap value, it's profit amounts to only $5,000 ($20,000-$15,000). However, <em>manufacturing further despite the additional cost gives Pratt Company a profit from the transaction of $35,000 ($50,000-$15,000).</em>
So, profit wise, Pratt should incur additional manufacturing cost of $15,000, since they stands to gain more.
Answer:
A 15.64%
Explanation:
300*1.18 = 354
354*0.02 = 7.08
354 - 7.08 = 346.92
rate of return = 346.92/300
= 15.64%
Therefore, The rate of return on the fund is 15.64%
Answer:
3.10; 1.53
Explanation:
Total Current Assets:
= Cash + Receivables + Inventory + Other Current Assets
= $99 + $91 + $179 + $15
= $384 million
Total Current Liabilities:
= Accounts Payable + current portion of long-term debt
= $92 + $32
= $124 million
Current Ratio:
= Total Current Assets ÷ Total Current Liabilities
= $ 384 ÷ $ 124
= 3.10
Acid Test Ratio:
= (Cash + Accounts Receivables ) ÷ Current Liabilities
= $(99 + 91) ÷ $124
= 1.53
