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Rasek [7]
3 years ago
6

The Finley Company plans to produce 25,000 units during July. It plans to sell 26,000 units in July. Each unit of finished produ

ct requires 2 pounds of direct material X. This direct material costs $4 per pound. The July 1 inventory of X is 2,000 pounds, and the desired July 31 inventory of X is 1,000 pounds. The cost of material X purchases in July is planned to be: Group of answer choices
Business
1 answer:
almond37 [142]3 years ago
3 0

The cost of the material X purchased in July should be $196,000.

  • The cost of material X purchased be:

Material required for production (25,000 units × 2 pound per unit) 50,000 pounds

Add: Desired closing inventory 1,000 pounds

Total requirement 51,000 pounds

Less: Opening inventory - 2,000 pounds

Material to be purchased 49,000 pounds

Multiply with Cost of material $4 per pound

Total cost of purchases $196,000

Therefore we can conclude that the cost of the material X purchased in July should be $196,000.

Learn more about the material here: brainly.com/question/9176437

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Answer:

Contact the IRS to see if there is a payment plan that works for you.

Explanation:

In a situation where someone determines that they cannot pay the tax liability, it is advisable to still file the tax return by the stipulated deadline. Additionally, contact the Internal Revenue Services(IRS) and explain your situation; they most likely have other payment plans that would work for you. Ignoring the tax bill and hoping that IRS will overlook it can lead to penalty; this might be very costly.

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______________ organizations scatter it components in different locations to address local business needs.
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After having problems with her Mitsubishi car, sandra salazar had santa Fe Mitsubishi install a used LO1 motor in it. when she p
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The statement is not an express warranty, because it doesn't involve a negotiation of terms between Salazar and Mitsubishi. It is an employee of the company that imploy Salazar to bring the car should the car gives problem, and didn't involve an agreement between the two parties ( Salazar and Mitsubishi)

Explanation:

What is express warranty?

An express warranty arises from the parties’ negotiations in a sales transaction. Express warranties are often included in the written terms of a contract. An “express” warranty by a seller is created by:

Any statement of fact or promise relating to the goods sold which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the statement or promise.

Any description of the goods sold which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the description.

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3 years ago
Zhao Co. has fixed costs of $286,200. Its single product sells for $163 per unit, and variable costs are $110 per unit. Compute
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The level of sales in units is 7,400

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The computation of the level of sales in units is shown below:

= (Fixed cost + target income) ÷ (Contribution margin per unit)

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= 7,400 units

The Contribution margin per unit is

= Selling price per unit - variable cost per unit

Henec, the level of sales in units is 7,400

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