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vovangra [49]
3 years ago
5

Robo Inc.requires $70,000 of direct material for production and top management desires $3,000 in ending raw materials inventory.

The company has $2,000 in beginning raw materials inventory. What would Robo's budgeted purchases of direct materials be
Business
1 answer:
Alexxx [7]3 years ago
8 0

Answer:

Budgeted purchases = $71000

Explanation:

Below is the given values:

Direct material for the production = $70000

Ending raw material inventory = $3000

Beginning raw material = $2000

Budgeted purchases = Direct material for the production + Ending raw material - Beginning raw material

Budgeted purchases = 70000 + 3000 - 2000

Budgeted purchases = $71000

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murzikaleks [220]

Answer: 1a. A supply chain is the summation of processes involved in ensuring that goods manufactured by a company gets to the final consumer.

Explanation:

1b. Managerial Accountants can improve the supply chain by looking out for hitches in the distribution cycle of goods and being proactive about handling them. Some measures to achieve these are;

1. Effective Logistics Network - All the resources used on logistics such as vehicles, Information technology devices/software, human resources, etc., should be regularly checked to be in good form at all times and equally, efficient.

2. Stock Control - Goods that may be required by costumers at any point in time should always be available.

3. Efficient Payment System - All resources used for payment including bank account information point of sale machines, should be regularly checked to be in good order.

4. Distribution Strategies - A clear cut map should be put in place by the management to facilitate an efficient and prompt delivery system. This can be done by strengthening all departments involved in distribution.

2. Sustainable Practices are those methods of production or initiatives, adopted by companies that seek to limit damage to the environment. An example, is recycling. These practices are geared at ensuring a safer world.

I would invest in a company that discloses their sustainable practices, first, because I believe they are transparent, and secondly because I believe that such companies aim at being enduring companies which are evolving and living up to the demands of a cleaner earth.

7 0
3 years ago
A company's income statement showed the following: net income, $134,000; depreciation expense, $30,000; and gain on sale of plan
worty [1.4K]

Answer:

E. $148,600

Explanation:

Cash flow from operating activities.

Net income. $134,000

Add: Depreciation. $30,000

Less: Gain on sale ($4,000)

Changes in working

Capital

Add: decrease in

Accounts receivable $9,400

Less: increase in

Merchandise inv. ($18,000)

Less: increase in

Prepaid expenses ($6,200)

Add: increase in

Accounts payable $3,400 ($14,600)

Net cash provided used by $148,600

Operating activities

4 0
3 years ago
Believing that you can accomplish something is an example of which stress reducing asset? A) boundaries. B) empowerment. C) posi
Eduardwww [97]

I will choose letter c. positive values.  When you believe that you can do something that you feel positive about yourself and you are capable of doing it.  When you believe it can happen then you feel good about yourself and it greatly relieves stress.

3 0
3 years ago
Read 2 more answers
What statement about minimum payments is incorrect
Oksana_A [137]

"If you send in the minimum payment, you will be charged a late fee."

This is an INCORRECT statement, because  you will not be charged a late fee just for making the minimum payment. Minimum payments are not a good idea because you will be charged interest on the remaining amount and will have a harder time paying off the balance, but you will not be charged a late fee.

3 0
3 years ago
A firm evaluates all of its projects by applying the IRR rule. A project under consideration has the following cash flows: Year
Anna71 [15]

Answer:

18.49%

Explanation:

The internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.

The IRR can be calculated using a financial calculator:

Cash flow in year 0 = –$28,500

Cash flow in year 1 = $12,500

Cash flow in year 2 = 15,500

Cash flow for year 3 = $11,500

IRR = 18.49%

To find the IRR using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.

I hope my answer helps you

5 0
4 years ago
Read 2 more answers
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