answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
olga nikolaevna [1]
2 years ago
9

When preparing a direct materials budget, beginning inventory for raw materials should be added to production needs, and desired

ending inventory should be subtracted to determine the amount of raw materials to be purchased.
Business
1 answer:
nikitadnepr [17]2 years ago
6 0

Answer:

False

Explanation:

While preparing the raw material budget for the period we calculate the total purchases to be made in the period concerned to meet the demand of raw material.

Demand in the period concerned = Total raw material required in production in current period + Total balance of inventory to be kept as closing inventory of current period - The opening available balance of inventory.

This is equal to the purchases to be made.

Thus, closing inventory is added and opening is deducted.

Therefore, the statement is question is not correct and is therefore, false.

You might be interested in
On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $27.70 per share. On March 1, a dividend of
klio [65]

Explanation:

The calculation is shown below:

a. The proceeds from the short sale (net of commission) is

= Number of shares short sold x (price of short sale - commission paid per share)

= 100 shares x ($27.70 - 0.25)

= $2,745

b. The dividend payment is

= Number of shares × dividend per share

= 100 shares × $3.30

= $330

c. Value of an account is

= Proceeds from short sale, commission net -  dividend paid - cost including commission

where,

Cost including commission is

= Number of shares short sold x (price of buying stock + commission paid per share)

= 100 shares × ($22 + 0.25)

= $2,225

So, the value of an account is

= $2,745 - $330 - $2,225

= $190

5 0
2 years ago
Ellizon Fiber Optics, a publicly traded firm, has approximately 1200 shareholders and $32 million in assets. Given the specifica
ASHA 777 [7]

Answer:

The correct option is D,file quarterly and annual financial reports with the SEC

Explanation:

Accredited investor are high net worth businesses or individuals who trade in securities that are not registered with Securities and Exchange Commission,Ellison Fiber Optics does not require accredited investors as it is publicly traded company registered with SEC.

Insider dealing is an offence the world over,hence the company can be condoned  by SEC for taking part in insider dealing.

Company like this are mandated to file returns quarterly and annually.

6 0
1 year ago
Decision Point: Your Final Meeting: RC Helicopter Piloting Radio controlled helicopter Your next client is Alan, who runs a high
hoa [83]

Answer:

Leave the price alone. Although it may lack some of the features that competitors’ models have, the Boss brand is well-recognized and well-respected in the market

Explanation:

You chose to lower the price to $359.That was the best choice.During the maturity stage of the product life cycle, increased competition eventually forces price cutting, and market share leadership may outweigh profit as a pricing objective, so this is a good option. However, it would take some research to determine whether the company can still make a profit at this price.

8 0
1 year ago
Which of the following is true about A/B testing?A. You need to attend WPC 300 course to learn about A/B Testing.B. To increase
Olegator [25]

Answer:

B. To increase conversion rate of your website traffic, A/B testing can be beneficial

Explanation:

A/B testing is also called split testing or bucket testing, it is a technique that involves determining which version of a Web page or an application works better by comparing two versions. A/B testing is one of the ways through which one can optimize a website funnel, it is also a way of gathering information about qualitative and quantitative user on a website.

A/B testing helps to make minor changes to a webpage, achieve significant improvement.

7 0
2 years ago
Rick, a marketing manager for Fix-It Tools, is discouraged with the way his organization markets its products. Currently, Fix-It
Alina [70]

The correct answer would be option D, Mass Marketing.

Rick protests to management that the company is not listening to its customers and is in danger of losing many of them to firms that create a personal dialogue with their buyers. Fix it is currently practicing Mass Marketing.

Explanation:

Rick who is the marketing manager of the Fix it Tools is currently utilizing a strategy which is aimed towards the largest possible number of people. This marketing strategy to attract a large number of people through different advertising techniques is called as Mass Marketing.

Mass Marketing helps in attracting and capturing the largest number of people. It is usually done through Televisions. Online advertisement also contribute in mass marketing due to the increased use of social media now a days.

Learn more about Mass Marketing at:

brainly.com/question/13605925

#LearnWithBrainly

8 0
1 year ago
Other questions:
  • Joe bought a stock at $57 per share. the price promptly fell to $55. joe held on to the stock until it again reached $57, and th
    7·1 answer
  • During 2021, its first year of operations, Pave Construction provides services on account of $152,000. By the end of 2021, cash
    8·1 answer
  • Levine Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. Direct
    5·1 answer
  • Parker Company’s balance reflected Estimated Warranty Payable of $2,000 credit at the end of 2018, the current year. During 2019
    6·1 answer
  • Suppose mountain spring water can be produced at no cost and that the demand and marginal revenue curves for mountain spring wat
    14·1 answer
  • We would expect the total utility of diamonds to be __________ than the total utility of water and the marginal utility of diamo
    5·1 answer
  • Brief Exercise 5-8 Cullumber Company has a unit selling price of $630, variable costs per unit of $300, and fixed costs of $327,
    8·1 answer
  • Suppose labor demand and supply are represented by the equations Demand: LD = 100 − 2W, Supply: LS = 2W. a. Find the equilibrium
    13·1 answer
  • On January 1, year 2, Connor Corporation signed a $100,000 noninterest-bearing note due in three years at a discount rate of 10%
    5·1 answer
  • Eduardo is currently involved in FBLA (Future Business Leaders of America). He has dreams to work on Wall Street. Assuming he wi
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!