Which of the following statement is false?

Bell expects to produce 1 comma 800 units in January and 2 comma 155 units in February. The company budgets 3 pounds per unit of

Debora [2.8K]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Production:

January= 1,800 units

February= 2,155 units

The company budgets 3 pounds per unit of direct materials at a cost of $ 10 per pound.

Beginning inventory= 4,950 pounds.

Desired ending inventory= 20% of the next month's direct materials needed for production.

Desired ending balance for February is 4,860 pounds.

To calculate purchases, we need to use the following formula:

Purchases= production + desired ending inventory - beginning inventory

January (in pounds):

Production= 1,800*3= 5,400

Desired ending inventory= (2,155*3)*0.2= 1,293

Beginning inventory= (4,950)

Total= 1,743

Total cost= 1,743*10= $17,430

February (in pounds):

Production= 2,155*3= 6,465

Desired ending inventory= 4,860

Beginning inventory= (1,293)

Total= 10,032

Total cost= 10,032*10= $100,320

3 0

3 years ago

Why should campaigns with different marketing objectives be separated into different Performance Planner plans?

Minchanka [31]

Answer:

•To prevent budget from limiting campaign.

•So that there won't be reallocation of spend within two separate marketing objective.

•So that there won't be duplicating of any potential keywords between different marketing objectives.

•To identity better seasons trends for individuals.

8 0

3 years ago

At age seventeen, Luke Skywalker enters into a contract to buy a dozen movies from eHD Stream, Inc., an online video service. So

serg [7]

Answer:

Executed

Explanation:

Ratification of a contract refers to formally approving a contractual obligation. To dis-affirm refers to back out of a contract wherein the parties to it return the consideration.

A minor, an individual below the age of eighteen years does not have capacity to a valid contract. A minor may void a contract before attaining majority.

When a contract has been signed by both the parties to it, with transaction closed, the contract shall be termed as executed.

In the given case, Luke a minor entered a contract to buy movies. Later upon attaining majority, Luke decides to disaffirm i.e not honor it. The contract in such a scenario shall be considered as formally approved i.e ratified by both parties if it was executed.

In such a case, Luke will have to honor the contract since the disaffirmation period i.e before his attaining majority has lapsed.

5 0

3 years ago

The classical dichotomy is the separation of real and nominal variables. The following questions test your understanding of this

AlexFokin [52]

Answer:

Please see attachment

Explanation:

Please see attachment

8 0

3 years ago

An adjusting entry is completed ________.

Anna11 [10]

C. at the end of the accounting period

5 0

3 years ago