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never [62]
2 years ago
11

Marvel Woodcraft makes furniture. Marvel’s expected sales are 36,000 bookcases for the quarter. The company begins the quarter w

ith inventory of 7,000 bookcases and wants to have enough finished bookcases on hand at the end of the quarter to provide for 20% of the next quarter’s expected sales of 40,000 bookcases. Based on this information, how many bookcases need to be produced during the quarter?
Business
1 answer:
Anna35 [415]2 years ago
8 0

Answer:

The production requirement for this quarter is 37000 bookcases.

Explanation:

The required closing inventory for this quarter is = 0.2 * 40000  = 8000 bookcases.

The production requirement for this quarter can be calculated by calculating the bookcases that needs to be produced in addition to the opening inventory to meet this quarter's sales and the required closing inventory. Thus, the production for this quarter should be,

Production = Sales requirement for the quarter + Closing Inventory - Opening Inventory

Production = 36000 + 8000 - 7000   =  37000 bookcases

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Answer: $2151

Explanation:

The amount of the discount on these bonds at issuance will be the difference between the par value of the bond issues by Tank company and the price at which the bonds were sold. This will be:

= $82000 - $79,849

= $2151

Therefore, the amount of the discount on these bonds at issuance is $2151.

3 0
1 year ago
A company might conduct full-scale practice drills, including closing a building and working from a remote location, in order to
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TRUE. A company might conduct full-scale practice drills, including closing a building and working from a remote location, in order to test its contingency plans
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2 years ago
What concept involves breaking down the production of a product into a series of small, elementary tasks, each of which is perfo
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Answer:

work or job specialization

Explanation:

Work specialization is based on the division of labor, i.e. dividing the work activities into smaller separate tasks. Each worker is responsible for performing only one or a few separate tasks and by doing so will specialize in its performance. As he workers specialize in performing certain tasks, overall efficiency and total output should increase.

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2 years ago
Consider a household consisting of four college friends. The friends have made a commitment to live together for the next five y
Alinara [238K]

Answer:

Explanation:

Omaha Miami

Earnings Earnings Value of Quality Life Expense to Move to Miami Net Value Difference in Value

Alex 200000 180000 40000 5000 215000 15000

Bobby 120000 150000 40000 5000 185000 65000

Cory 315000 300000 25000 5000 320000 5000

Dana 150000 100000 25000 5000 120000 -30000

Tied mover – any person who moves with their partner even if the person's employment is better at the present location.

Assuming all the friends agree on moving to Miami, Dana will compromise in value, therefore, Dana is the Tied Mover.

Tied Stayer – any of them who stays with the partner at current location even if the person's employment opportunity is better somewhere else.

Assuming all the friends decided to be in Omaha, Alex, Bobby and Cory will compromise in value, therefore, Alex, Bobby and Cory are the Tied Stayers.

8 0
1 year ago
E3.3 (LO 3) (Unknown Rate) HQ Ltd. purchased a used truck from Trans Auto Sales Inc. HQ paid a $4,000 down payment and signed a
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Answer: $35,000

Explanation:

The payments of $1,033.34 at the end of every month is a constant amount which makes it an annuity.

Present value of annuity:

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Rate needs to be made a monthly rate:

= 4%/12

= 4/12%

= 1,033.34 * ( 1 - ( 1 + 4/12%) ⁻³⁶/ 4/12%

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Purchase price = Down payment + Present value of annuity

= 4,000 + 35,000

= $39,000

7 0
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