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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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What functional-level strategies has Amazon pursued to boost its efficiency? What functional-level strategies has Amazon pursued
Arisa [49]

Answer:

All answers which are asked related to Amazon's strategies and its customer responsiveness are answered below in details.

Explanation:

  • Amazon has executed several approaches to improve its performance. These approaches include optimizing their picking and packing methods by using robots to decrease the expenses that the customer spends.
  • Amazon has achieved new technology to improve performance, and customer responsiveness to increase product quality by spending in Kiva.
  • Quality for Amazon implies increasing quality as perfection; rendering products, by third party retailers, that are not affected, not lapsed or broken.
  • Amazon went from trading books to trading a wide variety of media and general- commodity goods.

It has a sustainable competing advantage

  • When people purchase goods, they match different suppliers on a graded assortment of factors. For Amazon shoppers, those parts, or customer purchasing criteria (CPC), involve cost, fast shipment, and reliable service.
8 0
3 years ago
What is the yield to maturity of a one-year zero-coupon bond with a $10,000 face value and a price of $9400
svp [43]

Answer:

6.383%

Explanation:

Calculation for the What is the yield to maturity

Using this formula

YTM=n√Face value/Bond price -1

Where,

n=one-year

Face value=10,000

Bond price=9,400

Let plug in the formula

YTM=1√10,000/9,400−1

YTM=1.06383-1

YTM=0.06383*100

YTM=6.383%

Therefore the yield to maturity will be 6.383%

3 0
3 years ago
First, regardless of the strategy, _____ storage and _____ storage must be secured.
shepuryov [24]

Answer:

The correct answer is offsite and onsite.

Explanation:

When implementing Business Continuity the preservation of company data comes first.

Business Continuity Plan/Strategies are those measures that a company puts in place to ensure that regardless of the threat, and or disruption to the existing model that allows them to provide goods or services, (e.g. tsunamis or earthquakes, riots and civil unrests, compulsory government curfew) they can continue to function, reach their customers and remain operational.

The first rule of Business Continuity Plan is to protect all information assets. Off-site data or information refer to those information and or data that are remotely stored. That is, they are secured far away from the physical location of the business such as a data or server farm, cloud storage etc.

Onsite data storage refers to storing data on the premises or site of the business. Some fo the tools used are Hard Disk Drivers, Solid State Drives, DVDs etc.

Cheers!

3 0
2 years ago
g The Federal Reserve can lower short-run output by Group of answer choices lowering the real interest rate. increasing the mone
Viktor [21]

Answer: Decreasing the money supply

Explanation:

When the Fed reduces money supply, it will remove the amount of excess money that people have to spend in the economy. This will lead to prices reducing because people no longer have a lot of money to spend on products therefore they will demand less goods. This will lead to the Aggregate demand curve shifting to the left. The new intersection with the Aggregate Supply curve will be at a point where prices will be lower and less quantity will be demanded which will signify a drop in the short-run output of the economy.

5 0
3 years ago
Assume that cash is paid for rent to cover the next year. The appropriate debit and credit are:
vitfil [10]

Answer:

The correct answer is letter "B": Debit Prepaid Rent, credit Cash.

Explanation:

Prepaid rent is the rent paid in advance. Usually, rent payments are made every month by the beginning of the month but other timeframes can also be agreed upon the lease. <em>Prepaid rent is debited to prepaid assets and credited to accounts payable. When the check for the payment is cut, accounts payable is debited and a cash account is credited.</em>

4 0
3 years ago
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