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
Alex73 [517]
3 years ago
11

Production estimates for August are as follows:Estimated inventory (units), August 1 12,000Desired inventory (units), August 31

9,000Expected Sales volume (units), August 75,000For each unit produced, the direct materials requirement are as follows:Direct Material A ($5 per lb) 3 lbsDirect Material B ($18 per lb) 1/2 lbThe number of pounds of matierials A and B required for August production are? The total direct materials purchases (assuming no beginning or ending inventory of material) of materials A and B required for August production are?
Business
1 answer:
garri49 [273]3 years ago
4 0

Answer:

(1) (i) Material A required = 216,000

   (ii)  Material B required = 36,000

(2) (i) $1,080,000

   (ii) $648,000

Explanation:

(a) Production units = Sales + Closing Stock – Opening Stock

                                 = 75,000 + 9,000 – 12,000

                                 = 72,000 units

Material A required = Production units × Direct Material

                                = 72,000 × 3

                                = 216,000

Material B required  = Production units × Direct Material

                                 = 72,000 × 0.50

                                 = 36,000

(b) Material A cost = Material A required × Cost per lb

                              = 216,000 × $5

                              = $1,080,000

Material B cost = Material A required × Cost per lb

                         = 36,000 × 18

                         = $648,000

You might be interested in
In the Overview tab of the Client List, what filter can be applied to only show clients assigned to a specific team member?
Allisa [31]

The filter that can be applied to only show clients assigned to a specific team member is the Client list lead filter. This is further explained below.

<h3>What is a Client List?</h3>

Generally, a client list can be defined as a list of selected, prequalified, and potential clients' names, addresses, and contact information.

In conclusion, the Client list lead filter can limit your client list to only those assigned to you or a member of your team.

Read more about Filter

brainly.com/question/8721538

#SPJ1

7 0
2 years ago
Accounts receivable arising from sales to customers amounted to $40,000 and $55,000 at the beginning and end of the year, respec
Allushta [10]

Answer: The answer is e. $215,000.

Explanation: Based on the information provided in the question, see the cash flows statement below:

XYZ Cash Flows Statement

Net income                                                         $180,000

Increase in account receivable                           (15,000)

Increase in accounts payable                              50,000

Cash flows from operating activities             $215,000

  • Note that the purchase of equipment of $50,000 cash would not be considered under cash flows from operating activities but would rather be considered under cash flows from investing activities.
  • Increase in accounts receivable means outflow of cash while increase in accounts payable means non-payment of debt, that is, inflow of cash.
7 0
3 years ago
Read 2 more answers
When setting your schedule, it is sometimes necessary to tell people "No." Please select the best answer from the choices provid
erma4kov [3.2K]

The answer is true.  In business, you have to prioritize what is the most important task to do for the day as this might affect your business.  You have to choose which is the most to the least important things to do.  The most important things come first especially if it has a big impact on your career.

8 0
3 years ago
Read 2 more answers
Leading up to the signing of a contract with an integration clause, a buyer sent an e-mail to the seller of a beautiful, new $45
Soloha48 [4]

Answer: No, because of the integration clause

Explanation:

Based on the information given, the buyer isn't correct as a result of the integration clause.

The integration clause, is a clause in a written contract that stipulates that a particular contract is complete and that the parties involved agreed to the contract and it's final.

This contract supersedes every other informal understandings and all other oral agreements relating as well. Therefore, the buyer is liable for the cost of the boat.

8 0
3 years ago
To be successful, an entrepreneur must be willing to invest money, considerable effort, and
Ipatiy [6.2K]

To be successful, an entrepreneur must be willing to invest money, considerable effort, and <u> "time".</u>


An entrepreneur is a person who, as opposed to functioning as a worker, establishes and maintains a private company, expecting every one of the dangers and prizes of the endeavor. The business visionary is generally observed as a pioneer, a wellspring of new thoughts, merchandise, administrations and business/or techniques.  


Entrepreneurs assume a key role in any economy. These are the general population who have the right stuff and activity important to foresee present and future needs and put up great new thoughts for sale to the public.  

6 0
3 years ago
Read 2 more answers
Other questions:
  • Which of the following best describes business impact analysis?
    10·1 answer
  • The demand for gold toe socks is likely to be more elastic than the demand for power tools because:
    14·2 answers
  • The bank statement contained two bank memoranda:1. A credit of $2,242.00 for the collection for Bogalusa Company of an electroni
    14·1 answer
  • What are the three major responsibilities of the federal reserve?
    14·2 answers
  • 5. If you enter a road from a driveway, alley or roadside you must:
    8·2 answers
  • Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends.
    6·1 answer
  • A basic finding of labor economics is that workers who have more experience in the labor force are paid more than workers who ha
    15·1 answer
  • g Companies can help to ensure they do their part toward achieving the Sustainable Development Goals set out by UNCTAD by
    8·1 answer
  • Willingness to pay Group of answer choices measures the value that a buyer places on a good. is the amount a seller actually rec
    7·1 answer
  • First, we will start with annual depreciation. We will always use straight-line depreciation in this course Consider a firm that
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!