Controling does not require any process comment

The Tobler Company had budgeted production for the year as follows:

solong [7]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

The Tobler Company had budgeted production for the year as follows:

Quarter 1 2 3 4

Production in units 10,000 9,000 13,000 11,000

4 pounds of raw materials are required for each unit produced. Raw materials on hand at the start of the year total 7,000 lbs. The raw materials inventory at the end of each quarter should equal 9% of the next quarter's production needs in materials.

Direct material 2nd quarter:

Production= 9,000*4= 36,000lbs

Ending inventory= (13,000*0.09)*4= 4,680lbs

Beginning inventory= (9,000*0.09)*4= 3,240lbs (-)

Total= 37,440 lbs

4 0

3 years ago

(45 POINTS PLEASE ANSWER!!!!!!)Alfred is an excellent video editor. His work is exceptional. He always has innovative thoughts a

Licemer1 [7]

it would have to be unclear in his speech because he has smart ideas he outstanding if he was to speak loud his manger would tell him his voice is loud or low.

8 0

4 years ago

Read 2 more answers

Why does the market portfolio include all risky assets?

Bezzdna [24]

Under the CAPM, all investors hold the market portfolio because it is the optimal risky portfolio. Because it produces the highest attainable return for any given risk level, all rational investors will seek to be on the straight line tangent to the efficient set at the steepest point, which is the market portfolio. Branliest would be nice (:

6 0

3 years ago

John's Specialty Store uses a periodic inventory system. The following are some inventory transactions for the month of May 2013

jolli1 [7]

Answer:

Explanation:

The journal entries are shown below:

1. Purchase A/c Dr $5,400

To Accounts Payable $5,400

(Being merchandise is purchased on credit)

2. Freight-In A/c Dr $500

To Cash A/c $500

(Being freight charges are paid in cash)

3. Accounts Payable A/c Dr $800

To Purchase Returns A/c $800

(Being return merchandise is recorded)

4. Cash A/c Dr $5600

To Sales revenue A/c $5600

(Being merchandise is sold for cash)

5. No journal entry required

6 0

3 years ago

A small firm intends to increase the capacity of a bottleneck operation by adding a new machine. Two alternatives, A and B, have

Korolek [52]

Answer:

a. Alternative A Break-even point is 8,000 units Alternative B Break-even point is 7,500 units

b. Same profit with both alternatives at 10,000 units

c. Alternative A would have higher profit with a demmand of 12,000 units

Explanation:

a. FC/CMGu=BP

being:

FC= fixed costs

CMGu=contribution margin per unit

BP= Break even point

CMGu is the difference between price of sale and variable cost (per unit)

Alt. A Break-even point is $40,000/$5=8,000 UNITS

Alt. B Break-even point is $30,000/$4=7,500 UNITS

b. At 10,000 units both alternatives have the same profit

Alt. a.

Revenues= $150,000

Variable cost= $-100,000

Fixes Costs= $-40,000

------------------------------------

profit $10,000

Alt. b.

Revenues= $150,000

Variable cost= $-110,000

Fixes Costs= $-30,000

------------------------------------

profit $10,000

c. sales for 12,000 units

Alt. a.

Revenues= $180,000

Variable cost= $-120,000

Fixes Costs= $-40,000

------------------------------------

profit $20,000

Alt. b.

Revenues= $180,000

Variable cost= $-132,000

Fixes Costs= $-30,000

------------------------------------

profit $18,000

7 0

3 years ago

Read 2 more answers