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MrRa [10]
2 years ago
12

When preparing a direct materials budget, the units of raw material needed to meet production should be ______ to desired ending

inventory and the beginning inventory for raw materials should be subtracted to determine the amount of raw materials to be purchased.
Business
1 answer:
Vedmedyk [2.9K]2 years ago
8 0

Answer:

Added

Explanation:

For determining the amount of raw material to be purchased, the following things need to be adjusted

1. The raw material needed - Added

2. Ending inventory - Added

3. Beginning inventory - Deduct

In mathematically,  

Purchase of raw material = Raw material needed to meet production + ending inventory of raw material - beginning inventory of raw material

Hence, it should be added to desired ending inventory

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Answer:

The statement is: True.

Explanation:

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Prior to any trip it is important to do all of these except:
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Answer:

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If a petty cash fund is established in the amount of $200, and contains $119 in cash and $84 in receipts for disbursements when
Andrej [43]

Answer:

The correct option is C

Explanation:

The journal entry which is to be passed in order to replenished the account is as:

Petty Cash A/c..................................Dr      $84

   Cash A/c...............................................Cr      $81

   Cash Over and Short A/c..................Cr     $3

In order to replenish the account of petty cash, the account of expense (name of expense is not given, so petty cash account) is debited. Therefore, the petty cash is debited. The cash account is credited and the excess or over (which is $3 that is $200 - [$119 + $84 = $203] ) is replenished by crediting the account.

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