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gogolik [260]
2 years ago
5

Feline Watch Company makes wrist watches out of silver metal sheets. Feline sold 200 watches in the month of June. It projects J

uly and August sales to be 400 and 600 respectively. The company`s policy is to have 50% of next month`s sales in inventory. If the June ending inventory of watches is 200, how many watches must be produced in July?
Business
1 answer:
Readme [11.4K]2 years ago
3 0

Answer:

In July, 500 watches should be produced.

Explanation:

The production requirement in a certain month should be such that it meets the remaining sales requirements for that month after accounting for sales that will be covered by the opening inventory and considering the budgeted sales for the next month and producing enough closing inventory as to meet the policy requirement of 50% of next month's sales.

The closing inventory required for July is,

Closing Inventory - July = 50% of August budgeted sales

Closing Inventory - July = 0.5 * 600  =  300 units

The production requirement for the period can be calculated as,

Production = Closing Inventory + Sales - Opening Inventory

Production = 300 + 400 - 200

Production = 500 units

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Solnce55 [7]

Answer:

1. 23-24

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5 0
2 years ago
Read 2 more answers
The operations of Winston Corporation are divided into the Blink Division and the Blur Division. Projections for the next year a
morpeh [17]

Answer:

c. $112,800

Explanation:

The computation of operating income is shown below:-

= (Contribution margin of blink division × Increase sales percentage) - Fixed cost of blink division - Allocated common costs of blink division - Allocated common costs of blur division

= ($218,000 × 135%) - $93,000 - $48,000 - $40,500

= $294,300 - $93,000 - $48,000 - $40,500

= $112,800

5 0
2 years ago
Bess wrote four checks last month, and these were the only transactions for her checking account. According to her check registe
Wittaler [7]

Answer: $184.34 

Bess issued four  checks with amounts $175.17, $175.53, $175.35,and $184.34. With the total amount she issued, she expected her balance based on her cash register to be $869.96, but as per bank statement, her balance is $1054.13.

To get the amount of check which is not cleared yet, we have to deduct the balance in the cash check register from that of the bank statement:

$1054.13-$869.96 =184.17

$184.34 is the best answer because it is the last he wrote and the discrepancy of 0.17 may be due to some bank charges Bess had not recorded.

3 0
2 years ago
Read 2 more answers
In the period 2011, Lott Inc. performed services for $120,000 and billed its customers. The company subsequently collected $82,0
boyakko [2]

Answer:

The amount of cash flow from revenue that will appear on the statement of cash flows is $120,000.

Explanation:

the amount pf cash flow from revenue that will appear on the statement of cash flows is $120,000 because irrespective of whether it is collected or not he must consider the full value of accounts receivable and the collection amount out of the account receivable will be adjusted in the cash flow from operating activities.

Therefore, The amount of cash flow from revenue that will appear on the statement of cash flows is $120,000.

3 0
2 years ago
The marginal utility of the last unit of apples consumed is 12 and the marginal utility of the last unit of bananas consumed is
allsm [11]

Complete question:

The marginal utility of the last unit of apples consumed is 12 and the marginal utility of the last unit of bananas consumed is 8. What set of prices for apples and bananas, respectively, would be consistent with consumer equilibrium

a. $8 and $12

b. $6 and $4

c. $16 and $9

d. $4 and $6

Answer:

$6 and $4  set of prices for apples and bananas, respectively, would be consistent with consumer equilibrium.

Explanation:

Given,

The marginal utility of the last unit of apples consumed = 12

The marginal utility of the last unit of bananas consumed = 8

Now ,

To find :

The market level for apples and bananas, respectively, will be compatible with the consumer's equilibrium:

= \frac{12}{3} = $6

= \frac{8}{2} = $4

$6 and $4  set of prices for apples and bananas, respectively, would be consistent with consumer equilibrium.

6 0
2 years ago
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