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Serggg [28]
3 years ago
5

The budget components for Park Company for the quarter ended June 30 appear below. Park sells trash cans for $12 each. Budgeted

sales and production for the next three months are: Sales Production April 20,000 units 26,000 units May 50,000 units 46,000 units June 30,000 units 29,000 units Park desires to have trash cans on hand at the end of each month equal to 20 percent of the following month’s budgeted sales in units. On March 31, Park had 4,000 completed units on hand. Five pounds of plastic are required for each trash can. At the end of each month, Park desires to have 10 percent of the following month’s production material needs on hand. At March 31, Park had 13,000 pounds of plastic on hand. The materials used in production cost $0.60 per pound. Each trash can produced requires 0.10 hours of direct labor. Determine how much the materials purchases budget will be for the month ending April 30.
Business
1 answer:
Dmitry [639]3 years ago
7 0

Answer:

$96,000

Explanation:

Production  26,000 units

<u>Materials Purchase Budget</u>

Production Materials Required  (5×26,000 units)     130,000

Add Budgeted Closing Materials (50,000×20%×5)   50,000

Total Materials                                                             180,000

Less Budgeted Opening Inventory (4,000×5)          (20,000)

Budgeted Materials                                                     160,000

Material Cost per pound                                                $0.60

Total Material Cost                                                      $96,000

Therefore, the materials purchases budget will be for the month ending April 30 will be  $96,000.

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Answer:

The correct answer is Lead generation.

Explanation:

A contact or lead is any user of a web page that, at a given time, provides us with their data in a form, thus losing their condition of anonymous visit and becoming a contact on which to track.

Lead acquisition would be all those actions or processes focused on getting contacts with which to nourish our database. In an inbound marketing project it would consist of the Convert or Conversion phase.

Basic characteristics of a lead:

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4 years ago
If prices in the bond market become more volatile, everything else held constant, the demand curve for bonds shifts ________ and
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If prices in the bond market become more volatile, everything else held constant, the demand curve for bonds shifts left and interest rates rises.

Interest is the amount paid by the borrower or deposit-taking financial institution to the lender or depositor in excess of the repayment of the principal at a specified rate. It is different from a fee that a borrower can pay to a lender or a third party.

Interest is the price you pay to borrow money or the cost you charge to borrow money. Interest is usually given as an annual percentage of the loan amount. This percentage is called the interest rate on the loan. For example, if you deposit money in a savings account, your bank will pay you interest.

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5 0
2 years ago
You have found an asset with 12.60 percent arithmetic average return and a 10.24 percent geometric return. Your observation peri
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Solution:

In years      Best estimate of return            Working note

5                   12.36%              ((5-1)/(40-1)*0.1024)+((40-5)/(40-1)*0.126)

10                   12.06%             ((10-1)/(40-1)*0.1024)+((40-10)/(40-1)*0.126)

20                    11.45%               ((20-1)/(40-1)*0.1024)+((40-20)/(40-1)*0.126)

The formula for the return on assets is calculated by dividing the net income by the total average assets. The profit margin and total asset sales can also be represented as a consequence of this ratio. For the calculation of the total asset return, either formula may be used.

7 0
3 years ago
If the price charged for a candy bar is p cents, then x thousand candy bars will be sold in a certain city, where p = 8 - . how
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992 candy bars must be sold to maximize revenue.

<h3>What is revenue?</h3>
  • The total amount of income generated by the sale of goods and services related to the primary operations of the business is referred to as revenue in accounting.
  • Commercial revenue is also known as sales or turnover.
  • Some businesses make money by charging interest, royalties, or other fees.

To find how many candy bars must be sold to maximize revenue:

The price of a candy bar is determined by the quantity sold:

  • p(x) = 124 - (x/16) where x is in 1000s.

If the candy bar's price is p(x), the revenue function is:

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Find the solution of R'(x) = 0 to maximize R(x):

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Therefore, 992 candy bars must be sold to maximize revenue.

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The correct question is given below:
If the price of a candy bar is p(x) cents then x thousand candy bars are sold. The price p(x) = 124-(x/16). How many candy bars must be sold to maximize revenue?

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