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alina1380 [7]
3 years ago
10

The following information is taken from the production budget for the first quarter: Beginning inventory in units 1,200 Sales bu

dgeted for the quarter 426,000 Capacity in units of production facility 472,000 How many units should be budgeted to be produced during the quarter if the company desires 3,200 units at the beginning of the next quarter
Business
1 answer:
luda_lava [24]3 years ago
5 0

Answer:

428,000

Explanation:

Given that:

Beginning inventory = 1,200 units

Budgeted sales = 426,000

Desired ending inventory = 3,200

Now,

Production required is given as;

= (Budgeted sales + Ending inventory required) - Beginning inventory

= (426,000 + 3,200) - 1,200

= 428,000

Therefore, production required during the quarter is 428,000

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Outsourcing is becoming more and more common, but it is a controversial idea in the United States. Why do you think this is such
aliya0001 [1]

Answer:

Outsourcing is a contested idea because the original company loses control of the job they are trying to complete. Outsourcing is a bad idea because it also causes jobs to be lost.  (you might want to change the wording a bit.)

Explanation:

8 0
3 years ago
A partnership has the following account balances: Cash, $85,000; Other Assets, $615,000; Liabilities, $369,000; Nixon (50 percen
daser333 [38]

Answer:

Nixon = (155,000/331,000)*15,500 = 7,258.31

Cleveland = (105,000/331,000)*15,500 = 4,916.92

Pierce = (71,000/331,000)*15,500 = 3,324.72

TOTAL DISTRIBUTION: 15,500.00

Explanation:

A cash liquidation distribution or liquidating dividend is a distribution of cash or other assets to shareholders when a business is liquidated. This distribution represents the amount of capital returned to the investor or business owner when a corporation is partially or fully liquidated. This dividend is paid out after all creditor and lender obligations have been settled, so the dividend payout should be one of the last actions taken before the business is closed.  

The dividends are returned to investors per the capital structure of the business, not per profits and losses participation.

5 0
4 years ago
Slaq Computer Company manufactures notebook computers. The economic lifetime of a particular model is only four to six months, w
iren [92.7K]

Answer:

11414.87205 units.

Explanation:

We have Underage cost cs to be $500

We have Overage cost Co to be $200

To get Critical fractile, we do this computation:

Cs/(Cs+Co)

500/(500+200)

500/700

0.714285714

Now the z score for this value,

normsinv(0.714285714)

= 0.565948821

To get what the question requires: mean+z-score*standard deviation

= 10000+(0.565948821*2500)

= 11414.87205 units

<u>please </u><u>note:</u><u> </u><u>I solved this without rounding the values.</u>

<u>We will have 10000+(0.57*2500)=11425 units</u><u> </u><u>if</u><u> </u><u>rounded</u>

7 0
4 years ago
McRae Corporation's total current assets are 412,000, its non-current assets are $524,000, its total current liabilities are____
lapo4ka [179]

Answer: See explanation

Explanation:

It should be noted that:

Working capital = Current assets - Current liabilities

$356000 = $412000 - Current liabilities

Current liabilities = $412000 - $356000

Current liabilities = $56000

Stockholders equity = Total asset - Total liability

Total asset = $412000 + $524000 = $936000

Total liabilities = $56000 + $274000

= $330,000

Stockholders equity = Total asset - Total liability

= $936000 - $330000

= $606000

5 0
3 years ago
Which of the following organizations mission is to establish and improve standards of financial accounting and reporting for the
yarga [219]

Answer:

B. The Financial Accounting Standards Board

Explanation:

  1. The Mission of AICPA is, 'to Power the success of global business, CPAs, CGMAs and specialty credentials by providing the most relevant knowledge, resources and advocacy, and protecting the evolving public interest'.
  2. The Mission of the Public Company Accounting Oversight Board is to 'oversees the audits of public companies and SEC-registered brokers and dealers in order to protect investors and further the public interest in the preparation of informative, accurate, and independent audit reports'.
  3. The Misson of the Governmental Accounting Standards Board is to 'to establish and improve standards of state and local governmental accounting and financial reporting that will result in useful information for users of financial reports and guide and educate the public, including issuers, auditors, and users of those financial reports'.

8 0
3 years ago
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