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jenyasd209 [6]
3 years ago
6

One pound of material is required for each finished unit. The inventory of materials at the end of each month should equal 25% o

f the following month's production needs. Purchases of raw materials for February would be budgeted to be:
Business
1 answer:
lara31 [8.8K]3 years ago
5 0

Answer:

Raw material purchases (in pounds) 20,275

Explanation:

The computation of the purchase of raw material made for February month is shown below:

Production in Units         20,600    

Multiplied by Raw material needed per unit (in pounds) 1    

Total raw material required (in pounds) 20,600    

Add: closing Inventory (25% of 19300 pounds) 4,825    

Less: Opening Inventory (25% of 20600 pounds) 5,150    

Raw material purchases (in pounds) 20,275

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Answer:

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Explanation:

8 0
3 years ago
Frey Co. is considering the following alternative financing plans: Plan 1 Plan 2 Issue 10% bonds (at face value) $1,080,000 $540
Sunny_sXe [5.5K]

Answer and Explanation:

Particulars                                        Plan 1 Plan 2

Income before interest and tax $756,000     $756,000

Less:  Interest expenses          -108,000 -54,000  

                                          ($1,080,000 ×10%)     ($540,000 × 10%)

Income before tax                          $648,000    $702,000

Less: Income tax expense          -$259,200  -$280,800

                                          ($648,000 × 40%)    ($702,000 × 40%)

Net income                                   $388,800 $421,200

Less: Preferred dividend               $0           -$90,000

Profit available for common stockholder's (A) $388,800  $331,200

Divided by Number of common shares (B) 216,000       $144,000

                                                        ($1,080,000 ÷ $5)  ($720,000 ÷ $5)

Earning per share  (A) ÷ (B)            $1.8                     $2.3

By dividing the profit by the number of shares we can get the earning per share and the same is shown above

4 0
3 years ago
Mintzberg characterized managers' interaction with people both inside and outside of their work units as their _______ roles.
andreyandreev [35.5K]

Answer:

Interpersonal roles

Explanation:

Interpersonal roles spread the connections that a supervisor must have with others. The three jobs inside this class are nonentity, pioneer and contact. Administrators need to gather, scatter and transmit data and have three comparing.  

It spread the connections that a supervisor must have with others. The three jobs inside this class are nonentity, pioneer and contact.

8 0
3 years ago
why has the voting public who will decide the question of how much government involvement will be in our economy
kolezko [41]

Answer: I can try to help you.

Explanation: In the narrowest sense, the government's involvement in the economy is to help correct market failures or situations in which private markets cannot maximize the value that they could create for society.

5 0
3 years ago
Unearned Income of Minor Children and Certain Students (LO 6.4) Brian and Kim have a 12-year-old child, Stan. For 2019, Brian an
antiseptic1488 [7]

Answer:

Answer for the question : Stan's tax for 2018 =105+240 = $345.

"Unearned Income of Minor Children and Certain Students (LO 6.4) Brian and Kim have a 12-year-old child, Stan. For 2019, Brian and Kim have taxable income of $52,000, and Stan has interest income of $4,500. No election is made to include Stan's income on Brian and Kim's return. Click here to access the income tax rate schedules and the trust and estate tax rate schedules.a. For purposes of the tax on a child's unearned income, calculate Stan's taxable income.b.Calculate Stan's earned taxable income."

is explained in the attachment.

Explanation:

3 0
3 years ago
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