The question is incomplete. The complete question is as follows,
The Waverly Company has budgeted sales for the year as follows:
Quarter sales in unit
1=12,000
2=14,000
3=18,000
4=16,000
The ending inventory of finished goods for each quarter should equal 25% of the next quarter's budgeted sales in units. The finished goods inventory at the start of the year is 3,000 units. Scheduled production for the second quarter (in units) is:
a.17,500 units.
b.16,500 units.
c.15,000 units.
d.13,000 units.
Answer:
Production = 15000 Units
Option C is the correct answer
Explanation:
To calculate the scheduled production for the second quarter, we first need to find the opening and ending inventory for the third quarter. The ending inventory for each quarter will become the opening inventory for next quarter. It is mentioned in the question that the ending inventory in each quarter is equal to 25% of the next quarter's budgeted sales. Then,
Ending Inventory First Quarter = 0.25 * 14000 = 3500 units
Ending Inventory Second Quarter = 0.25 * 18000 = 4500 units
The production of units in second quarter can be calculated as follows,
Budgeted Sales = Opening Inventory + Production - Closing Inventory
14000 = 3500 + Production - 4500
14000 + 4500 - 3500 = Production
Production = 15000 Units
Institute of medicine.
Obesity is one of the main health issues for the USA. Obesity has multiple consequences not only on the obese person per se but also on the health system that has to deal with the multiple side effects of the obesity. This explains the paradox that the report of Institute of medicine is talking about, as the data for obese people increase as well as the data around the sales of dieting product.
Answer:
Franchising
Explanation:
In Franchising, a company who already has a successfully established brand give other people with the ability to open new branch by using that brand.
Example for this would be McDonald. McDonald operate under a franchising system, in which a person who have enough capital to provide building can pay a certain amount money to McDonald in exchange for permission to use its brand.
In most franchising system, the Franchiser usually impose a strict regulation regarding the format of the business. They do this in order to maintain the reputation of the brand.
Dollar for dollar. have to make the dollar go far.
Answer:
$267
Explanation:
Calculation for the amount of accrued interest on December 31, 2015
Accrued interest=20,000 x 8% x 60 days/360 days
Accrued interest= $267
Note that November 1, 2015 to December 31, 2015 will gives us 60 days while 360 days represent the number of days in a year
Therefore the amount of accrued interest on December 31, 2015 will be $267
