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Andrei [34K]
2 years ago
14

Tektron Industries has Beginning and Ending Raw Materials Inventories of $32,000 and $40,000, respectively. Direct Materials use

d were $130,000. The cost of Raw Materials Purchased is A :
Business
1 answer:
ch4aika [34]2 years ago
5 0

Answer:

$138,000

Explanation:

The computation of the cost of Raw Materials Purchased is shown below:

= Direct materials used + ending direct material inventory - beginning direct material inventory

= $130,000 + $40,000 - $32,000

= $138,000

Simply we added the  ending direct material inventory and deduct the beginning direct material inventory  to the direct material used so that the accurate amount can come

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Acme corporation currently has a 20% market share in a $15 billion industry (measured by sales revenue). emca corporation curren
denpristay [2]
Industry sales = $15 billions
Acme market share = 20%
Emca market share = 17%

Acme market share in form of sales:
Acme marker share = 20% of $20 billion = (20/100)*20 = $3.00 billions

Emca market share in form of sales:
Emca market share = 17% of $20 billions = (17/100)*20 = $2.55 billions

Difference between the market shares for two companies as a percentage:
Difference = |20%-17%| = 3% of $20 billion
3 1
2 years ago
Reid Company is budgeting production of 100,000 units of product R for the month of September this year. Production of one unit
mash [69]

Answer:

Purchases= 302,000 units

Explanation:

Giving the following information:

Production= 100,000 units

Production of one unit of product R requires three units of material B.

For material B:

Beginning inventory= 22,000

Desired inventory= 24,000

<u>To calculate the purchases, we need to use the following formula: </u>

Purchases= production + desired ending inventory - beginning inventory

Purchases= 100,000*3 + 24,000 - 22,000

Purchases= 302,000 units

4 0
1 year ago
Agro corp., based in the country of arahonia, is a company that produces agricultural products. the domestic market of arahonia
Phantasy [73]

Based on the scenario above, this process is being termed as dumping. Dumping is a term used in the international trade’s context where in the export of a company or a country in regards with their product is being priced lower when they are in the foreign importing market than of the domestic market.

6 0
2 years ago
Suppose the demand function for avocados is Q = 104 - 40p + 20tp + 0.01Y, where p is the price of avocados, pt is the price of t
LiRa [457]

Answer: equilibrium price = 4

Quantity of avocado = 110units

Explanation:

Q = 104 - 40p + 20tp + 0.01Y........eq1

Q = 58 + 15p - 20pf...........eq2

pt = $0.80,

Y = $4,000,

pf = $0.40

From eqn1 substituting of into it

Q = 104 - 40p + 20($0.80) + 0.01($4000)

= 104 - 40p + 16 + 40

= 160/40p

p = 4 equilibrium price

From eqn2. Substituting p and pf into it.

Q = 58 + 15p - 20pf

Q = 58 + 15(4) - 20($0.40).

Q = 58 + 60 - 8

Q = 110 quantity of avocado

8 0
2 years ago
True or False: Using specific position titles in ICS helps to describe the responsibilities of the position.
Mila [183]

Answer:

True

Explanation:Using specific position titles in ICS helps to describe the responsibilities of the position.

5 0
2 years ago
Read 2 more answers
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