All categories

2 years ago

EA5.

Business

1 answer:

avanturin [10]2 years ago

5 0

Answer:

Total cost= $3,121.5

Explanation:

Giving the following information:

Sunrise Poles manufacture hiking poles and is planning on producing 4,000 units in March and 3,700 in April. Each pole requires a half-pound of material, which costs $1.20 per pound. The company's policy is to have enough material on hand to equal 10% of the next month's production needs and to maintain a finished goods inventory equal to 25% of the next month's production needs.

We need to calculate the production required for March:

Sales of March= 4,000 units

Ending inventory= (3,700*0.25)= 925 units

Now, we can calculate the material required:

Direct material:

For March= 4925*0.5= 2,462.5 pounds

Ending inventory= (2,775 units*0.5)*0.1= 138.75 pounds

Total= 2,601.25 pounds

Total cost= 2,601.25*$1.20= $3,121.5

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Moretti Department Store sells gift cards that expire three years from the date of purchase. During 2019, Moretti sold $50,000 o

GenaCL600 [577]

Answer:

$64,300

Explanation:

The amount of revenue that Moretti Department store should recognize as revenue in 2021 should be based on the redeemed amount in the year and unused balance:

1. $1,500 were redeemed during 2021

2. $800 2019 balance remains unused

3. $22,000 were redeemed in 2021

4. $40,000 were redeemed in 2021

Total Revenue for 2021 = $64,300

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2 years ago

Hayes Bakery has sales of $30,600, costs of $15,350, an addition to retained earnings of $4,221, dividends paid of $469, interes

scZoUnD [109]

Answer:

$8,013

Explanation:

The computation of the amount of the depreciation expense is shown below:

The net income is

= An addition to retained earnings + cash dividend paid

= $4,221 + $469

= $4,690

Now the earning before tax

= (Net income) ÷ (1 - tax rate)

= ($4,690) ÷(1 - 0.21)

= $5,937

Now the earning before tax and interest is

= $5,937 + $1,300

= $7,237

So, the depreciation expense is

= $30,600 - $15,350 - $7,237

= $8,013

8 0

1 year ago

Which tasks are done by both historians and detectives? Check all that apply.

Svetllana [295]

<h2>collecting evidence to answer a question</h2><h2>researching past events</h2><h2>studying evidence to solve a problem</h2><h2>finding out where, when, and why an event happened</h2>

Explanation:

determining who is responsible for a crime: History does not much speak or research about crime. Only detectives will do research on crime. This option is invalid.

collecting evidence to answer a question:

Historians collects evidence to prove the past where as detectives collect evidence to prove the crime

researching past events

Past events are researched to find out the history by the historians, and detectives research the past crime

finding out where, when, and why an event happened: Historians finds details to register the history for future use and detectives find out the place, date and reason for crime.

studying evidence to solve a problem

Historians study evidence to prove the history and detective study to prove the crime

4 0

1 year ago

Read 2 more answers

Jack and diane each buy pizza and paperback novels. pizza costs $3 per slice, and paperback novels cost $5 each. jack has a budg

gregori [183]

The correct answer is Jack.

The total cost of 5 slices of pizza and 3 paperback novels is calculated by this formula:

(5 x $3) + (3 x $5)=

$15 + $15 = $30

Since Jack has a budget of $30 and Diane has a budget of $15, only Jack can afford 5 slices of pizza and 3 novels.

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2 years ago

A team of builders has surveyed buyers of their new homes for years. Consistently, only 48% of the buyers have indicated they we

Assoli18 [71]

Answer:

Explanation:

So, the hypothesis is:

H0 : p = .48 versus Ha : p≠ .48

check the picture attached for more explanation

3 0

1 year ago