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
scoray [572]
3 years ago
5

Omega Enterprises budgeted the following sales in units: January 40,000 February 30,000 March 50,000 Omega's policy is to have 3

0% of the following month's sales in inventory. On January 1, inventory equaled 8,000 units. February production in units is: a.36,000. b.40,000. c.20,000. d.28,000. e.26,500.
Business
1 answer:
SSSSS [86.1K]3 years ago
6 0

Answer:

a. 36,000

Explanation:

Calculation to determine what February production in units is:

Sales for the month 30,000

Add Ending inventory 15,000

(50,000*0.3)

Less Beginning inventory (9,000)

(30,000*0.3)

February production in units 36,000 units

Therefore February production in units is: 36,000 units

You might be interested in
An electronic card that stores all the customers info in a chip is
lesya [120]

a debit or credit card?

6 0
3 years ago
Read 2 more answers
The cost of perpetual preferred stock is found as the preferred's annual dividend divided by the market price of the preferred s
VikaD [51]
Answer: A


Preferred share dividends are distributions of profits and not interest payments. Thus not tax-deductible.
5 0
3 years ago
Mustang Corporation had 100,000 shares of $2 par value common stock outstanding. On December 31, 2018, the company's board of di
Gnom [1K]

Answer:

<u>December 31, 2018</u>

Debit : Dividend $40,000

Credit : Shareholders for dividends $40,000

Explanation:

When dividends are declared, we Debit an Equity Element - Dividend and Credit the Liability - Shareholders for dividends.

Calculation of this dividend is made on the stockholders in existence at the on a stated date (January 15 in this case) and at par value ($2) as follows :

Dividend = 100,000 x $2.00 x $0.20 = $40,000

6 0
3 years ago
An asset has an average return of 10.94 percent and a standard deviation of 20.98 percent. What range of returns should you expe
valkas [14]

If the standard deviation is 20.98%. The range you should expect to see with a 95 percent probability is: -31.02 percent to +52.9 percent.

<h3>Expected range of return </h3>

Expected range of return = 10.94 percent ± 2(20.98 percent)

Expected range of return =[10.94 percent- 2(20.98 percent)]; [10.94 percent + 2(20.98 percent)]

Expected range of return =(10.94 percent- 41.96 percent); (10.94 percent + 41.96 percent

Expected range of return = -31.02 percent to +52.9 percent

Inconclusion the range of returns is: -31.02 percent to +52.9 percent.

Learn more about expected range of return here:brainly.com/question/25821437

8 0
2 years ago
A company issues 7% bonds with a par value of $230,000 at par on January 1. The market rate on the date of issuance was 6%. The
aivan3 [116]
The correct answer is $4,900.
8 0
2 years ago
Other questions:
  • Suppose that Verizon Wireless has hired you as a consultant to determine what price it should set for calling services. Suppose
    12·1 answer
  • Games like "dungeons and dragons," which involve active use of the imagination, have been popular among adolescents for some tim
    10·1 answer
  • Ford conducted research that gave them insights into characteristics of Gen Z. Although Ford finds the information important, th
    5·2 answers
  • A machine can be purchased for $288,000 and used for five years, yielding the following net incomes. In projecting net incomes,
    13·1 answer
  • Armour, Inc., an advertising agency, applies overhead to jobs on the basis of direct professional labor hours. Overhead was esti
    13·1 answer
  • give me an example of something you learned from a specific class and described how it will help you be successful in the future
    11·1 answer
  • Broussard Skateboard's sales are expected to increase by 25% from $8.6 million in 2016 to $10.75 million in 2017. Its assets tot
    7·1 answer
  • A project manager is overseeing a complex custom CSM solution that has rigorous quality standards and tight schedule constraints
    5·1 answer
  • Can someone help me with this question?
    12·2 answers
  • What was the innovative way pears’ soap marketed its product?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!