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kenny6666 [7]
2 years ago
7

Production and sales estimates for March for the Streamline Systems Co. are as follows: Estimated inventory (units), March 1 17,

500 Desired inventory (unit), March 31 20,300 Expected sales volume (units) 35,000 Unit sales price $15 a.35,000 b.37,800 c.20,300 d.17,500
Business
1 answer:
Dmitry [639]2 years ago
5 0

Answer:

b.37,800

Explanation:

The computation of the number of units expected to be manufactured is shown below:-

Number of units expected to be manufactured = Sales + Ending inventory - Beginning inventory

= 35,000 + 20,300 - 17,500

= 37,800 units

Therefore for computing the number of units expected to be manufactured we simply applied the above formula.

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On December 1, Miser Corporation exchanged 6,000 shares of its $25 par value common stock held in treasury for a parcel of land
Verizon [17]

Answer:

$282,000

Explanation:

The computation of the capitalized amount of the land is shown below:

= Number of shares exchanged × fair value of per share - scrap selling value

= 6,000 shares × $50 per share - $18,000

= $300,000 - $18,000

= $282,000

Simply we multiplied the exchanged shares with its fair value and then deduct the scrap selling value so that the correct value can come.

All other information which is given is not relevant. Hence, ignored it

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2 years ago
The work breakdown structure can include specifications regarding size, color, weight, or performance parameters, such as speed,
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Answer: the answer is false

Explanation: All the work contained within the work breakdown structure is to be identified, estimated, scheduled, and budgeted

Work breakdown team includes work to be executed by the project team to accomplish the project objectives and create the required deliverables,it also includes a visual tool for defining and tracking a project deliverable and all the small components needed to create it. breakdown structures should include about three levels of detail.

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2 years ago
You dream that you win $20 million in the state lottery. the next morning you find a $20 bill lying on the sidewalk. if you were
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The fallacy of positive instances
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Arabica Manufacturing Company uses a predetermined manufacturing overhead rate based on a percentage of direct labor cost. At th
Natalija [7]

Answer:

B) $56,750

Explanation:

Direct materials cost $27,500

Direct labor cost$13,000

As manufacturing overhead rate is  based on a percentage of direct labor cost so dividing the manufacturing overheads by direct labor costs we get =$1,050,000,/$840,000= 1.25

Multiplying this rate with the actual overheads we get 1.25* 13000 = $16250

The total job cost would be = Direct materials cost+Direct labor cost + budgeted Overheads =  $27,500 +$13,000+$16250= $56,750

8 0
2 years ago
The LaGrange Corporation had the following budgeted sales for the first half of the current year: Cash Sales Credit Sales Januar
Agata [3.3K]

Answer:

$181,600

Explanation:

The computation of total cash is shown below:-

Working  Note :-

Credit sales of December

= $42,000 ÷ 50%

= $ 84,000  

Credit sale of November

= $23,000 ÷ 10%

= $ 230,000

Cash Collected from Credit sales

For January

= $150,000 x 50%

= $75,000

For December

= $84,000 x 40%

= $33,600

For November

= $230,000 x 10%

= $23,000

Total Cash collections from Credit sale  = January + November + December

= $75,000 + $33,600 + $23,000

= $131,600

Cash sale of January = $50,000

Total Cash collected in January  =  Total Cash collections from Credit sale  + Cash sale of January

= $131,600 + $50,000

= $181,600

6 0
2 years ago
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