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
ratelena [41]
3 years ago
10

Meadow Company produces hand tools. A sales budget for the next four months is as follows: March 10,500 units, April 13,600, May

16,600 and June 21,000. Meadow Company’s ending finished goods inventory policy is 10% of the following month’s sales. March 1 beginning inventory is projected to be 1,050 units. How many units will be produced in March?
Business
1 answer:
Novay_Z [31]3 years ago
5 0

Answer:

Units Produced in the month of March: 10,810 Units

Explanation:

Production for the month of march can be estimated using the following formula:

Productions units for the month of March = Projected Sales for the month + 10% of the following months's sales as ending inventory - Opening Inventory

Units Produced for the month                                                   Units

Projected Sales for the month                                                  10,500  

Add: 10% of the following month's sales as ending inventory   1,360

(13,600 x  10%)

Less: Opening inventory                                                           (1,050)

 

Units produced for the month of March                                  10,810  

You might be interested in
Records show that 5% of all college students are foreign students who also smoke. it is also known that 50% of all foreign colle
miskamm [114]
<span>10% Simplest way to solve this problem is realizing that if 50% of all foreign students smoke, then that also means that 50% of all foreign students don't smoke (100% - 50% = 50%). So for every smoking foreign student you see, there's a non-smoking foreign student. So just double the number of smoking foreign students to get the total number foreign students. So 5% * 2 = 10%</span>
4 0
3 years ago
Where are endnotes positioned in a document?
m_a_m_a [10]
Endnotes are usually positioned AT THE END OF A DOCUMENT. The purpose of endnote is to reference the citations you used in your document. Endnotes supplement the information you have given in the body of the document but which would be inappropriate if they are included in the main text.
5 0
2 years ago
What are the basic things to be considered while selecting a business.​
EleoNora [17]

Answer:

Tax Treatment. Double taxation is a sore point for many companies. ...

Ability to Raise Capital. ...

Separation of Ownership and Management. ...

Limited Liability Protection. ...

Transferral of Ownership. ...

Ease of Formation.

5 0
2 years ago
Inc. (WFI). After liquidating its remaining inventory and paying off its remaining liabilities, WFI had the following tax accoun
Montano1993 [528]

Answer:

On the transfer of the building,

Appreciation of building = FMV - Adjusted Basis

                                        = $50,000 - $10,000

                                        = $40,000

WFI has taxable transaction and gain recognition of $40,000.

On the transfer of the land,

Appreciation of land = FMV - Adjusted Basis

                                  = $150,000 - $90,000

                                  = $60,000

WFI has taxable transaction and gain recognition of $60,000.

5 0
3 years ago
Assume that an analyst is using the constant dividend growth model to value a stock. Which of the following scenarios would be c
Sophie [7]

Answer: A. She believes the company has become riskier, and therefore increases her required rate of return for the stock.

Explanation:

The formula for the Constant dividend growth model of valuing stock is:

<em>= Next dividend / (Required return - growth rate)</em>

From the formula above, one can tell that if the required return is higher, it would result in a lower value for stock because it would divide the numerator more.

If the analyst believes that the company is riskier and increases the required return, the value would therefore reduce if other measures are kept constant.

7 0
2 years ago
Other questions:
  • Blanco Company purchased 200 of the 1,000 outstanding shares of Darby Company's common stock for $600,000 on January 2, 2018. Du
    15·1 answer
  • Suppose that real GDP equals $10 trillion, nominal GDP equals $20 trillion, and the aggregate price level equals 2.If the veloci
    6·1 answer
  • Teller, a calendar year company, purchased merchandise from TechCom on November 1 of the current year. TechCom accepted Teller's
    9·1 answer
  • How can the fiscal policies of a country influence the finances of a single individual?
    6·1 answer
  • Earnings per share is a financial ratio that is used to measure
    12·1 answer
  • Which situation best illustrates the role of businesses in the circular flow of<br> goods?
    15·2 answers
  • The upward-sloping segment of the
    14·1 answer
  • Supply-side policy is designed to a. Move the economy from a point inside the production possibilities curve to a point on the c
    8·1 answer
  • A sudden stop will be easier to navigate if the country borrows internationally in foreign currencies and lend locally in its do
    11·1 answer
  • If the mortgage loan is 80% of the appraised value of a house, and the interest rate of 8% amounts to $460 interest for the firs
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!