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
Yakvenalex [24]
3 years ago
6

August 23,800 units September 22,500 units October 23,900 units November 25,100 units December 24,800 units The company wants to

maintain monthly ending inventories of Jurislon equal to 20% of the following month's production needs. On July 31, this requirement was not met since only 12,000 kilograms of Jurislon were on hand. The cost of Jurislon is $19 per kilogram. The company wants to prepare a Direct Materials Purchase Budget for the next five months. The total cost of Jurislon to be purchased in August is:
Business
1 answer:
Paul [167]3 years ago
7 0

Answer:

the amount of jurison required per unit is not given, so I looked for similar questions and found that 3 kilograms of jurison are needed per unit produced:

total units to be produced during August = 23,800

materials needed per unit = 3

raw materials required for production = 23,800 x 3 =     71,400 kilograms

- beginning inventory =                                                    (12,000) kilograms

+ ending inventory required = 22,500 x 3 x 20% =        <u> 13,500 kilograms</u>

total raw materials requirement =                                    72,900 kilograms

purchase price per kilogram of jurison =                         <u>$19 per kilogram</u>

total cost of raw materials purchases in August =                 $1,385,100

You might be interested in
Smith &amp; Adams Poultry set up a computer system so that its customers (restaurants and hotels) can directly inform its centra
valkas [14]

Answer:

The correct answer is: ordering ease.

Explanation:

The sales process in a store has to be as simple as possible. You have to make it easy for customers to make the purchase without any inconvenience.  And the registration process is another ordeal on many occasions, do we really need all this data to close the sale? Sometimes it seems that the registration in our store is used to get the data that will allow us to build customer loyalty, won't it be better to close the sale and then we'll try to build customer loyalty?

3 0
4 years ago
Your employer, a mid-sized human resources management company, is considering expansion into related fields, including the acqui
Anni [7]

Answer:

a. Debt holders have first claim on corporate value. The Preferred stockholders then have next claim and remaining is left for common stockholders.

b. The value of a financial asset is equal to present value of future cash flows which is provided by the asset. When investor buys a share of stock, (s)he typically expects to receive cash in the form of dividends and to sell the stock to receive cash from sale. However, the price any investor receives is highly dependent upon the dividends which the next investor expects to receive, and so on. Thus, the stock's value depends on cash dividends that the company is expected to provide and the discount rate used to find the present value of those dividends.

d. The formula to calculate present value of expected free cash flows is:

PVn=CFn(1+in)n

The formula for the present value of expected free cash flows when discounted at WACC is:

PV=∑Nn=0CFn(1+in)n

Explanation:

a. Debt holders have first claim on corporate value. The Preferred stockholders then have next claim and remaining is left for common stockholders.

b. The value of a financial asset is equal to present value of future cash flows which is provided by the asset. When investor buys a share of stock, (s)he typically expects to receive cash in the form of dividends and to sell the stock to receive cash from sale. However, the price any investor receives is highly dependent upon the dividends which the next investor expects to receive, and so on. Thus, the stock's value depends on cash dividends that the company is expected to provide and the discount rate used to find the present value of those dividends.

d. The formula to calculate present value of expected free cash flows is:

PVn=CFn(1+in)n

The formula for the present value of expected free cash flows when discounted at WACC is:

PV=∑Nn=0CFn(1+in)n

8 0
4 years ago
What does difficult to find finance mean?
WARRIOR [948]

a condition or state of affairs almost beyond one's ability to deal with and requiring great effort to bear or overcome. "grappling with financial difficulties"

4 0
3 years ago
The market price of a share of common stock at the time of issuance was $17.00, while the market price of a preferred share of s
Vaselesa [24]

The correct answer is $55

Explanation:

5 0
4 years ago
8.5 Chrysler LLC Chrysler LLC, the now privately held company sold-off by Daimler-Chrysler, must pay floating rate interest thre
murzikaleks [220]

Answer: -0.93%

Explanation:

In 3 months time Chrysler will have to pay a yield of 6.93% when in fact 3 months from now, had they not bought the futures, they would have to pay 6%.

This means that they will have overpayed with the futures contract.

The amount in interest they overpayed by can simply be calculated as,

= Floating Rate 3 months from.now - Effective yield on Futures contract

= 6% - 6.93%

= -0.93%

Chrysler made a loss of (0.93% )

4 0
4 years ago
Other questions:
  • If the interest rate is above the equilibrium value, the: a) demand for real balances exceeds the supply. b) supply of real bala
    14·1 answer
  • Do it! review 9-2b swifty corporation purchased a piece of equipment for $66,300. it estimated a 7-year life and $2,500 salvage
    13·2 answers
  • Gerald's Tire Store sets itself apart from competitors by the extra attention it pays to providing fast, courteous service in a
    12·1 answer
  • Trade promotion where the manufacturer gives a retailer a case allowance price for products in their warehouse, which prevents s
    10·1 answer
  • The sharp decline in domestic freight costs during the antebellum period was primarily due to the introduction of:
    6·1 answer
  • Utilities $16,400 plus $0.14 per machine-hour $ 20,440 Maintenance $39,000 plus $1.60 per machine-hour $ 58,400 Supplies $0.30 p
    15·1 answer
  • In the United States, citizens are individuals who are willing to take risks and make quick business decisions, which leads to a
    5·1 answer
  • Review the following scenario, then choose the appropriate response describing steps a paid tax preparer must take to demonstrat
    12·1 answer
  • A share of common stock has just paid a dividend of $2.00. If the expected long-run growth rate for this stock is 15 percent, an
    7·1 answer
  • Duane has a small woodworking business and saves the money for college. He stores his tools in his apartment. Duane would like t
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!