Answer:
$604,035
Explanation:
The computation of the direct materials purchases budget is shown below:-
Total Wax Required 490,625 Pounds
(785,000 × 10 ÷ 16)
Add: Ending Inventory 125,00 Pounds
Total Units Available 503125 Pounds
Less: Beginning Inventory 16,000 Pounds
Total Pounds to be Purchased 487,125 Pounds
Unit Price $1.24 per Pounds
Total Direct Materials Purchased $604,035
(487,125 × $1.24)
Answer:
The future vice president needs to have not just one ability, but many. He should be a team player and a liaison that can combine the researchers' work and the company's strategic goals. He must also be a person that can tolerate failure, and instead of reproaching unsuccessful efforts, must be able to motivate his staff to keep trying.
Answer:
b. comparisons between companies with drastically different levels of sales is made easier
Explanation:
- An advantage of the common size income statement is that they help the financial users to understand more clearly interns of the ration or the percentage of each individual item in the economic statements the percentage of the total sales of the company.
Answer:
A.
The output will rise by more than it did when the previous unit was added.
Explanation:
The contribution margin approach helps managers in short-tern decision making because it reports costs and revenues at their current value.
The contribution margin ratio/approach allows companies to determine their profits they can make from a product minus variable costs.
