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
kari74 [83]
2 years ago
7

Sledge Co. manufactures a product requiring 1.5 lbs. of raw material for each finished unit. The beginning inventory of raw mate

rials in March was 5,000 lbs. The company wants an inventory of 2,500 lbs at the end of March. Production for March will be 4,000 units. How many lbs. of raw material must be purchased in March
Business
2 answers:
SOVA2 [1]2 years ago
5 0

Answer:

Sledge Co./

3,500 Ibs. of raw materials must be purchased in March.

Explanation:

a) Data and Calculations:

Purchases of raw materials:

Expected ending inventory =                     2,500 Ibs.

Production for March (4,000 x 1.5 Ibs.) =   6,000 Ibs.

Raw materials available for production =  8,500 Ibs.

Less beginning inventory =                        5,000 Ibs.

Purchases =                                                 3,500 Ibs.

b) The units to be purchase is the difference between raw materials expected to be available for production and the beginning inventory.  Since the expected ending inventory is 2,500 Ibs. and the units to be produced during March is 4,000 units, which will use 6,000 Ibs (4,000 * 1.5 Ibs.), therefore, the total units of raw materials required is 8,500 Ibs.  When the inventory of raw material is taken away, the difference is the Purchases of materials to be made during March.

NeTakaya2 years ago
4 0

Answer:

Purchases= 3,500lbs

Explanation:

Giving the following information:

Production= 4,000*1.5= 6,000 lbs

Beginning inventory= 5,000 lbs

Ending inventory= 2,500 lbs

<u>To calculate the direct materials purchase, we need to use the following formula:</u>

Purchases= production + desired ending inventory - beginning inventory

Purchases= 6,000 + 2,500 - 5,000

Purchases= 3,500lbs

You might be interested in
Sheela Dairy Corporation buys unprocessed cows' milk from local farmers. At the dairy, this unprocessed milk is broken down into
Dafna11 [192]

Answer:

The answer is D) None of these statement is relevant in the decision to further process the cream into butter.

Explanation:

option A)  the amount paid to the farmers to purchase the unprocessed milk: this information is not relevant to further develop the cream and low fat milk to butter. It was already considered before this stage of production.

Option B) the cost of breaking down the unprocessed milk into cream and low-fat milk: this cost was already accounted for since the processing into cream and low fat milk is completed.

Option C) the portion of corporate fixed expenses that are currently being allocated to cream: This information is not going to help in the decision making for further processing.

8 0
2 years ago
Pina Colada Corp. has the following transactions during August of the current year.
const2013 [10]

Answer and Explanation:

The indication of the basic analysis and the debit credit analysis is as follows;

Date                   Basic Analysis                    Debit - Credit Analysis

Aug. 1       The asset Cash is increased;     Debits increase assets;

              the stockholders' equity account   Debit Cash

                Common stock is increased.         $10,880

                                                      Credits increase stockholders' equity

                                                                      Credit Common stock

                                                                             $10,880

Aug. 4            The asset Prepaid Insurance        Debits increase assets;

                           is increased;                              Debit Prepaid Insurance

              the asset Cash is decreased.               $ 1,500

                                                                              Credits decrease assets;

                                                                             Credit Cash

                                                                              $ 1,500

Aug. 16        The asset Cash is increased;        Debits increase assets;

           the revenue Service revenue               Debit Cash

             is increased.                                         $880

                                                                          Credits increase revenues:

                                                                          Credit Service revenue

                                                                          $880

Aug. 27      The expense Salaries expense    Debits increase expenses:

                  is increased;                                Debit Salaries expense

                 the asset Cash is decreased.       $680.

                                                                       Credits decrease assets:

                                                                      Credit Cash

                                                                         $680

3 0
3 years ago
Craig Manufacturing Company operates its three production departments within a single facility. Each department produces its own
Rus_ich [418]

Answer:

Craig Manufacturing Company operates its three production departments within a single facility. Each department produces its own products and maintains its own production equipment. Although they share a common facility, each department is overseen by a separate supervisor. Which one of the following costs is a direct cost of each department?

Production supervisor salary

Explanation:

Production supervisor salary serves as the overhead cost that is attribute to the production in the manufacturing company, it is direct cost for each department since every department has a supervisor

7 0
2 years ago
What are the three primary questions to ask when conducting a preliminary inquiry?
Elenna [48]
During a preliminary inquiry, the three primary questions are always asked. The first one is, "Was an offense committed". Second, "Was the suspect involved in the offense", Last, the third one is, "What is the character and military record of the suspect?".
5 0
2 years ago
the government enacts regulation to institute enforceable property rights for business investment. which input in the production
Marianna [84]

The effect on economic growth in the country is the capital stock is decreasing.

<h3>What is economic growth?</h3>

The rise or improvement in the market value of the commodities and services generated by an economy during a specific time period, adjusted for inflation, is referred to as economic growth. Traditionally, statisticians use the real GDP growth rate as a proxy for measuring economic growth. To account for inflation's distorting influence on the pricing of produced items, growth is typically expressed in real terms, or terms adjusted for inflation. Using national income accounting, economic growth is measured. It has all the benefits and disadvantages of that measure since economic growth is calculated as the annual percent change of GDP. Commonly, the GDP to population ratio is used to compare the economic growth rates of different nations (per-capita income).

To learn more about economic growth, visit:

brainly.com/question/9751211

#SPJ4

6 0
9 months ago
Other questions:
  • Getthere airlines currently charges $200$ dollars per ticket and sells $40{,}000$ tickets a week. for every $10$ dollars they in
    5·1 answer
  • QRC Company is trying to decide which one of two alternatives it will accept. The costs and revenues associated with each altern
    9·1 answer
  • Which of the following is NOT a type of funded retention?a: reservesB: self-insurancec: captivesd. credite: all of the above
    7·1 answer
  • Tanner and Teresa share income and losses in a 2:1 ratio after allowing for salaries of $42,000 to Tanner and $60,000 to Teresa.
    8·1 answer
  • Juarez Builders incurred $285,000 of labor costs for construction jobs completed during the month of August, of which $212,000 w
    11·2 answers
  • Centre College, a private liberal arts college in Central Kentucky, charged (billed) tuition and fees of $50,000 based on the re
    13·1 answer
  • Received a $3,000.00 check from Pacific Stores. The check pays $3,061.22 of the Dec. 3 sale on account, S395, less 2% discount.
    8·1 answer
  • Consider the following information: the marginal products of labor for the US in producing Cars and Wheat are 24 and 18. Given t
    8·1 answer
  • To positively stimulate an economy using fiscal policy, government spending should ______, and taxes should ______.
    13·1 answer
  • If Sally gets paid 13$ per hour and she works 6 hours a day and 7 days a week, how much money will Sally make in 2 weeks?
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!