Answer:
2720 units; 1806 units
Explanation:
Ending Inventory in February = 80% x 1820 = 1456 units
Ending Inventory in January = 80% x 1750 = 1400 units
Budgeted production in January = Budgeted sales in Jan + Ending Inventory in Jan - Begining Inventory in Jan = 1500 + 1400 - 180 = 2720 units
Budgeted production in February = Budgeted sales in Feb + Ending inventory in Feb - Begining Inventory in Feb = 1750 + 1456 - 1400 = 1806 units
Answer:
The answer is $52,000.
Explanation: When calculating GDP, only finished goods are included in the calculation, items that are used to manufacture other goods are not included in the calculation of GDP.
Therefore, the leather that was bought to produce couches in 2006 will not be included in GDP, because its value is included in the value of couches.
Couches, Inc. produced 16 couches and sold them for $3,000 each, computing that, we have:
16 x $3,000
= $48,000.
However, inventory that Cowhide, Inc. has that is worth $4,000 was produced in 2006 as well, so it is included in the GDP. This item will be included in the GDP because it has not yet been bought to used in manufacturing another item. So the answer is $52,000.
Purchasing a new CD upon maturity of the current CD is commonly referred to as: rolling over. The term rollover in economics describe the <span>reinvesting funds from a mature security into a </span>new issue<span> of the same or a similar security. In this case the money is reinvested in the buying the same product because the old one is mature, </span><span>
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