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
kvasek [131]
3 years ago
9

Armando Company produces and sells mattresses. It expects to sell 10,000 mattresses in the current year and had 1,000 mattresses

in finished goods inventory at the end of the previous year. Armando would like to complete operations in the current year with at least 1,250 completed mattresses in inventory. There is no ending work-in-process inventory. The mattresses sell for $300 each. What would be the total sales for the current year?
Business
1 answer:
Nat2105 [25]3 years ago
5 0

Answer:

Sales= $3,000,000

Explanation:

Giving the following information:

It expects to sell 10,000 mattresses in the current year and had 1,000 mattresses in finished goods inventory at the end of the previous year. Armando would like to complete operations in the current year with at least 1,250 completed mattresses in inventory. There is no ending work-in-process inventory. The mattresses sell for $300 each.

Production:

Sales= 10,000

Ending inventory= 1,250

Beginning inventory= (1,000)

Total= 10,250

Sales= 10,000*300= $3,000,000

You might be interested in
A company purchased $2,600 of merchandise on July 5 with terms 3/10, n/30. On July 7, it returned $600 worth of merchandise. On
mamaluj [8]

Answer:

No options presented but the entry below should be right.

$2,600 worth of merchandise was purchased but $600 was returned so Net accounts receivable:

= 2,600 - 600

= $2,000

Company paid the full amount on July 12 which is within the 10 days required for a discount so they get a 3% discount:

= 2,000 * ( 1 - 3%)

= $‭1,940‬

Date               Account details                                     Debit               Credit

July 12           Accounts Payable                               $2,000

                      Cash                                                                               $1,940

                      Merchandise inventory                                                    $60

4 0
2 years ago
If the absence of an agreement to the contrary in partnership, what are the all partners entitled?
Ne4ueva [31]

Answer:

d) All of above​

Explanation:

A partnership agreement provides guidelines on how two or more partners will manage their partnership business. It is the contract that dictates each partner's roles,  profit and loss sharing formula, and personal liability of each in case of insolvency.

In the absence of a partnership agreement, the law prescribes that partners share profits and losses equally. All partners assume equal rights to responsibilities and liabilities.

6 0
2 years ago
in the U.S. cash takes which forms? bills and coins /bonds and treasuries /dollars and Euros/reserves and treasuries
Eva8 [605]
I believe it is Bills and Coins.
7 0
3 years ago
Valley Orchards just paid a dividend of $1.2 per share on its stock. The dividends are expected to grow at a constant rate of 3.
jeyben [28]
2. How should employers respond to K to 12 graduates who apply for vacant positions in
3. What were the perceived disadvantages of K to 12 graduates pcompared to college students?
4. What factors could give K to 12 graduates an advantage in the labor market?
Discussion Questions
1.
What is the dilemma K to 12 graduates face when applying for a job?
their company? Pa help asap po 2. How should employers respond to K to 12 graduates who apply for vacant positions in
3. What were the perceived disadvantages of K to 12 graduates pcompared to college students?
4. What factors could give K to 12 graduates an advantage in the labor market?
Discussion Questions
1.
What is the dilemma K to 12 graduates face when applying for a job?
their company? Pa help asap po 2. How 2. How should employers respond to K to 12 graduates who apply for vacant positions in
3. What were the perceived disadvantages of K to 12 graduates pcompared to college students?
4. What factors could give K to 12 graduates an advantage in the labor market?
Discussion Questions
1.
What is the dilemma K to 12 graduates face when applying for a job?
their company? Pa help asap po should employers respond to K to 12 graduates who apply for vacant positions in
3. What were the perceived disadvantages of K to 12 graduates pcompared to college students?
4. What factors could give K to 12 graduates an advantage in the labor market?
Discussion Questions
1.
What is the dilemma K to 12 graduates face when applying for a job?
their company? Pa help asap po
7 0
2 years ago
From the perspective of the consumer, the factory system meant ________. Group of answer choices cheaper manufactured goods fewe
weeeeeb [17]

Answer: Cheaper manufactured goods.

Explanation:

The factory system is a method of mass production of goods in an industrial way, which uses the line assembly system to manufacture multiple products at a lower cost, and in the least amount of time.

With this production system, the industrial era began in Great Britain, and today is the most widely used method of producing merchandise worldwide due to the low costs involved in the production.

<em>I hope this information can help you.</em>

4 0
3 years ago
Other questions:
  • Kelly and David are both capable of repairing cars and cooking meals. Which of the following scenarios is not possible? a. Kelly
    13·1 answer
  • Match the term with the appropriate description 1. integrity The entrees Effie cooks as a chef never vary by taste, quantity or
    8·1 answer
  • Determining gross profit using the weighted average cost flow method assumes that the cost of the units sold a. is a weighted av
    14·1 answer
  • Firms in every market structure: make long-run economic profits. are in competition with many other firms. leave the market as s
    12·1 answer
  • When evaluating services, consumers generally compare their expectations prior to the service to the outcome once the service is
    8·1 answer
  • Suppose the price elasticity of demand for cereal is negative −1.03. If​ so, then the demand for cereal is (unit-elastic, elasti
    10·1 answer
  • December 31, Year 1, the Loudoun Corporation estimated that 3% of its credit sales of $112,500 would be uncollectible. Loudoun u
    14·1 answer
  • how do I keep my little sister out of my room?? like for real, she's so fuqing annoying. coming in my room a 3am for no reason,
    14·1 answer
  • On December 31, Year 1, Ott Co. had investments in marketable debt securities as follows: Amotized Cost Market value Mann Co. $1
    7·1 answer
  • Blue Ice Inc. is an American corporation. The company started out as a partnership between Nick Selver and Rita Andrew in 1985.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!