Assuming a production of 10,500 units, what is the budgeted materials purchase (in lbs.& $)?
Answers
Assuming a production of 10,500 units, The budgeted materials purchase (in lbs.& $) is $630,000.
10,500 (3lbs)
= 31,500 lbs31,500lbs($20)
= $630,000.
Materials Budgeting:
Material budgeting is the process of developing a material or purchase budget in terms of the amount and monetary value of materials to be purchased over a specific time period. It not only aids in estimating material prices over time, but it also analyses material requirements. Material budgeting ensures reduced inventory risk, maximum buy lead time, low transportation costs, and improved vendor relations.
The purchase is calculated as follows: Purchase in units = Usage + Desired ending material inventory units Beginning inventory units Typically, the direct material budget is supplemented by a calculation of estimated cash payments for materials.
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Related Questions
Which part of effective leadership deals with maintaining equity?
Answers
Answer:
the part where you have to lead
Explanation:
(b) How do error-driven and supervised learning relate to one another? [2 marks] (c) Imagine that sequential PCA was used to learn two principal components from a dataset X. The weights of the learned
Answers
(b) Error-driven learning and supervised learning are closely related. In supervised learning, error-driven learning is the process of adjusting the model's parameters based on the difference between predicted and actual outputs, minimizing the error. The goal is to find the optimal parameter values that minimize the prediction error on labeled training data.
(c) In sequential PCA, the weights of the learned principal components represent the importance of each feature in contributing to the variance captured by the respective principal component. These weights determine the directions of maximum variance in the data. By analyzing the weights, one can identify the relative significance of each feature in the dataset and understand which features contribute most to the captured variance. Sequential PCA provides insights into feature importance and can be used for dimensionality reduction or feature selection in various applications.
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HOW IS EVERYONE i love u all and enjoy helping you where u may struggle
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Answer:
THANK YOU SOOO VERY MUCH. I need assistance with my question
each country must answer three economic questions.
Define and describe each economic question
Answers
Answer:
The three economic questions that every society must answer are as follows: "What to produce?" "How to produce?" and "For whom to produce?"
"What to produce": The quantity in which a commodity is to be produced is set at that level where demand equals supply. If quality produced is more or less, then there will be dis equilibrium in the market and price will fluctuate. Hence, to maintain stable equilibrium price it becomes necessary to make demand and supply equal.
"How to Produce": There are two types of techniques. A labor-intensive technique would employ relatively more labor and less capital. On the other hand, capital- intensive technique means more capital and less labor. The choice of technique depends on the prices of the factors of production. That is, if labor is cheap and capital is expensive, a labor-intensive technique would be considered and vice-versa.
"For whom to produce": The solution of this problem is very simple commodity can be consumed only by people who have more purchasing power. Price mechanism determines the income of the workers, i.e.; purchasing power. The purchasing power of the owner of capital is determined in the same way. Thus, when the price of every commodity and every factor of production are determined, the third problem will be solved
the unadjusted trial balance columns of a work sheet total $91,500. the adjustments columns contain entries for the following: office supplies used during the period, $3,700. expiration of prepaid rent, $1,450. accrued salaries expense, $1,250. depreciation expense, $1,550. accrued consulting revenue, $1,150. the adjusted trial balance columns total is:
Answers
The adjusted trial balance is a report that includes all of a company's accounts as well as their adjusted balances after adjusting entries are made. The sum of the unadjusted trial balance.
columns is $91,500 based on the information provided. There are five entries in the adjustments columns: office supplies utilized throughout the time, prepaid rent expiry, accumulated wages expenditure, depreciation expense, and accrued consulting revenue. We need to add or subtract the amounts of these adjusting entries from the appropriate accounts in the unadjusted trial balance to compute the adjusted trial balance. The sum of the adjusted trial balance columns after adjustments is $92,350 ($91,500 + $3,700 - $1,450 + $1,250 - $1,550 + $1,150). This figure indicates the company's real financial status,
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explain the social and psychological factors that influence the buying patterns of customers in business
Answers
Answer:
There are four psychological factors that influence consumer behaviour: Motivation, perception, learning, and attitude or belief system. Motivation speaks to the internal needs of the consumer.
Explanation:
Help
Select the correct answer.
A farmer uses one pound of fertilizer to grow crops on his land. He decides to increase the amount of fertilizer added to the soil to three pounds to obtain a greater yield. The size of the garden and the amounts of seeds, water, and sunlight remain the same. The farmer keeps increasing the amount of fertilizer (to four, five, and six pounds, etc.), and continues to gain higher yields. However, since the other factors of production remain constant, the increase in crop yield is lower than the increase in a single factor of production (fertilizer). What is the term for this phenomenon?
A.
economic order quantity (EOQ)
B.
law of diminishing returns
C.
economy of scale
D.
labor productivity
E.
production control
Answers
Answer:
E
Explanation:
it most likely is production control
in the context of technology in value chains, customer relationship management (crm): question 58 options: enables small firms to make counterfeit knock-offs of genuine products. prohibits firms from bundling goods and services together. encourages firms to produce standardized goods for all consumers to reduce manufacturing costs. exploits the vast amount of data that can be collected from consumers.
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In the context of technology in value chains, customer relationship management (CRM) exploits the vast amount of data that can be collected from consumers.
CRM is a technology-enabled approach to managing a company's interactions with customers and potential customers. It involves the use of data and analytics to gain insights into customer behavior and preferences, and to develop strategies for building stronger customer relationships and improving business performance. By leveraging data collected through various touchpoints, such as social media, websites, and customer service interactions, companies can better understand their customers and tailor their products and services to meet their needs. This can lead to increased customer satisfaction, loyalty, and ultimately, profitability.
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The Corbit Corp. sold merchandise for $10,000 cash. The cost of the goods sold was $7,590. The journal entries to record this transaction under the perpetual inventory system would be
a.
Cash 10,000
Sales 10,000
Cost of Goods Sold 7,590
Inventory 7,590
b.
Cash 7,590
Sales 7,590
Cost of Goods Sold 7,590
Inventory 7,590
c.
Cash 10,000
Sales 10,000
Cost of Goods Sold 10,000
Inventory 10,000
d.
Cash 10,000
Inventory 10,000
Cost of Goods Sold 7,590
Sales 7,590
Answers
Answer:
a. Cash 10,000
Sales 10,000
Cost of Goods Sold 7,590
Inventory 7,590
Explanation:
Based on the information given if the company
sold merchandise for the amount of $10,000 cash in which The cost of the merchandise sold was the amount of $7,590. The appropriate journal entries to record this transaction under the perpetual inventory system would be to Debit Cash for $10,000; Credit Sales for $10,000 and to Dr Cost of Goods Sold for $7,590; Credit Inventory for $7,590.
Dr Cash 10,000
Cr Sales 10,000
Dr Cost of Goods Sold 7,590
Cr Inventory 7,590
Im on a time crunch and need help. Ill give a good answer brainiest!!
JUST WRITE A SHORT SUMMARY OF THIS.
Let’s move on to the next ‘flavor;’ the Manufacturing career cluster covers the planning, managing, and processing of materials to create a final product. It also involves technical support, as well as maintenance and engineering. Whew! That’s a doozy of a definition. Basically, you can think of manufacturing as the people who work together to create something. They build, much like builders, but they create pieces and items. Manufacturing differs from building because it involves building items and components not large structures. Have you ever stepped inside a factory? A factory is a large space where manufacturing happens. Examples for a factory might include manufacturing car parts or packaging for food.
A man in a blue hard hat and coveralls works at a milling machine in a factory with another man looking over his shoulder.
The Manufacturing cluster presents careers that make components that are smaller than a building.
Let’s think back to Xavier again. Xavier looked into a company that built (or manufactured) different parts of a home for him. People who work in the Manufacturing career cluster would put together all of the separate parts needed for Xavier’s home, and Xavier would do the actual building or constructing of those parts to build the structure of his house.
Pathways in the Manufacturing Cluster
The Manufacturing career cluster has many career pathways that fall underneath it. We are going to scoop into those flavors one by one to get a better look at what falls into each.
Production Pathway
The first pathway we are going to discuss is the Production pathway. The Production pathway includes jobs/careers that work directly on the shop floor making or assembling parts. Remember, we discussed that many of these jobs and careers are in a factory. Working on the shop floor means they are working on the main floor of the factory where they assemble and create parts and materials. For jobs and careers in this cluster, you need a keen eye for detail, the ability to work with precision (or a high level of detail), and knowledge of how pieces and parts fit together. Jobs in this career pathway typically require a high school degree or apprenticeship if you are working on simpler projects, but if you are making and assembling very complicated parts (like technical parts for electronics), you may need a higher degree such as an associate, bachelor’s, or master’s.
Manufacturing Production Process Development Pathway
A person sketches out designs for cardboard boxes with several prototypes littering the drawings.
The Manufacturing Production Process Development pathway holds exciting careers like product design.
This pathway is a mouthful. The Manufacturing Production Process Development pathway includes employees who are responsible for product design and design of the manufacturing process. You can think of this pathway as architects, in a way, as they are the creative (and technical) force that puts together the product design (or how the product will look) and the process needed to make it look that way. Essentially, they decide how things get created and assembled. People in this pathway work with customers as well, bringing their visions to life. If the customer wants to package their new product in blue boxes with an orange ribbon tied around them, people in this career pathway will give an example of what this finished project will actually look like and how they will create them by the masses so all look identical. When designing packages, people in this pathway will usually work in an office, but others in this career cluster work on the factory floor, watching and tweaking the packaging process as it happens. Some jobs and careers in this pathway include design engineers, electronic technicians, electronic engineers, manufacturing engineers, manufacturing technicians, etc. Most jobs in this career cluster require at least an associate degree or higher depending on the types of designs and processes they are creating.
Maintenance, Installation & Repair Pathway
The Maintenance, Installation & Repair pathway is another mouthful. This pathway covers jobs and careers that perform preventative maintenance procedures on machines, tools, and equipment. They make sure that any machines and tools that are being used for a particular project are always up and running their best. They perform routine and regular checks on machines, as well as troubleshoot and repair electrical, electronic, and mechanical systems. People in this pathway are problem solvers. They are good at going in, seeing what’s not working, and fixing the problem ASAP. They also know how to best prevent problems before they even happen. Some jobs and careers that are included in this pathway are computer repair people, facility electricians, industrial maintenance workers, technicians, and mechanics.
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these are not answers comments nobody know how to help with this
According to the world bank, a country with low or middle income is:____.a. first world b. second worldc. third world d. developing
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According to the World Bank, a country with low or middle income is typically referred to as a developing country.
This term is used to describe countries that are in the process of economic and social development, with lower levels of industrialization and income than developed countries.
The World Bank classifies countries based on their Gross National Income (GNI) per capita, with low-income countries defined as those with a GNI per capita of $1,045 or less, middle-income countries with a GNI per capita income between $1,046 and $12,735, and high-income countries with a GNI per capita of $12,736 or more.
While the term "third world" was historically used to refer to developing countries, it is now considered outdated and often viewed as derogatory. The terms "first world" and "second world" were originally used during the Cold War to describe capitalist and communist countries, respectively.
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Answer: D
Explanation: developing
which plant people have the greatest likelihood of being involved in engineering economy decisions?
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Plants involved in manufacturing or construction are the most likely to involve engineers in engineering economy decisions.
This is because these industries typically involve large-scale projects with significant financial implications, such as building a new factory, developing a new product line, or implementing a new production process.
In these types of projects, engineers play a key role in determining the technical feasibility of different options and assessing the associated costs and benefits.
For example, an engineer might evaluate the costs of different materials, equipment, and labor required for a particular project, as well as the potential returns on investment and risks associated with each option.
By providing this type of data, engineers can help decision-makers make informed choices about which projects to pursue and how to allocate resources.
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The notion that workers tend to show an increase in performance when they know that they are being observed is called the ________ effect.
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The notion that workers tend to show an increase in performance when they know that they are being observed is called the Hawthorne effect.
When participants in an experiment try to alter or enhance their behavior just because it is being observed or researched, this is known as the Hawthorne Effect. In investigations and experiments that employ humans as subjects, The Hawthorne Effect is regarded to be unavoidable.
The Hawthorne Effect's existence is still up for debate. The Hawthorne effect is when people alter their behavior as a result of being aware that others are watching them.
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Firms receive factors of production from households. In which part of GDP with a household receiving rents from businesses be considered?
a. Taxes
b. Capital
C. Net Exports
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The fallacy of composition involves assuming that: a. you can determine the composition of a complex product just by examining its exterior properties. b. what was true when a person was young will still be true today. c. any mistakes made in producing a product using an assembly line technique will lead to a compounding of errors as the product moves down the line. d. what is true for any individual component in a group is true for the group as a whole. e. consumer durable goods today do not last as long as they did a generation ago.
Answers
Answer:
d. what is true for any individual component in a group is true for the group as a whole.
Explanation:
Fallacy can be defined as a mistaken or false belief that are based on illogical arguments or reasoning.
However, a lot of people might actually think it to be true but it isn't. There are various types of fallacy and these include; black or white, non sequitur, ad hominem, bandwagon, appeal to authority, straw man, fallacy of composition, and oversimplification or hasty generalization.
Fallacy of composition can be defined as the error of assuming that what is true of an audience is true for the group of people as a whole.
Hence, the fallacy of composition involves assuming that what is true for any individual component in a group is true for the group as a whole.
The agency of the united states government that oversees the u. S. Financial markets is the.
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The agency of the united states government that oversees the U.S. Financial markets is the Securities and Exchange Commission (SEC).
Discuss Security Exchange Commission.
The Securities and Exchange Commission (SEC) is the national government regulatory agency charged with supervision over the corporate sector, the capital market participants, and the securities and investment instruments market, and the protection of the investing public.
It was founded on October 26, 1936 by Commonwealth Act (CA) 83. Subsequent laws were enacted to encourage investments and more active public participation in the affairs of private corporations and enterprises, and to broaden the Commission’s mandates.
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When a note receivable has a stated interest rate that is lower than the prevailing rate for similar loans, it is recorded atpresent value based on the stated interest rate.net realizable value.maturity value.present value based on the prevailing rate of interest..
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When a note receivable has a stated interest rate that is lower than the prevailing rate for similar loans, it is recorded at present value based on the prevailing rate of interest.
The prevailing rate of interest is the market rate that is currently being charged for similar loans. When the stated interest rate on a note receivable is lower than this prevailing rate, it implies that the note is less valuable than similar instruments in the market. In order to reflect the lower value of the note, it is recorded at its present value based on the prevailing rate of interest. This means that the future cash flows expected from the note, including both principal and interest payments, are discounted back to their present value using the prevailing rate of interest. The difference between the face value of the note and its present value represents a discount, which is then amortized over the life of the note as interest income. By recording the note at present value, the financial statements provide a more accurate representation of the value of the asset to the company.
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When schools and businesses allocate admissions or jobs on the basis of race, gender, disability, or other criteria unrelated to ability, they are aiming at Group of answer choices
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When schools and businesses allocate admissions or jobs on the basis of race, gender, disability, or other criteria unrelated to ability, they are aiming at Affirmative Action. Group of answer choices Affirmative Action is a policy by which schools and businesses allocate admissions.
Jobs on the basis of race, gender, disability, or other criteria unrelated to ability to counteract past discrimination and increase diversity in the workplace and schools. It is intended to create a level playing field for people of different races, genders, and abilities by providing them with equal opportunities and removing obstacles that prevent them from succeeding.
It also ensures that qualified candidates from underrepresented groups are given a fair chance to compete for positions and educational opportunities. When schools and businesses allocate admissions or jobs on the basis of race, gender, disability, or other criteria unrelated to ability, they are aiming at Affirmative Action. Group of answer choices Affirmative Action is a policy by which schools and businesses allocate admissions.
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Should citizens participating in
criminal trials should have some requirements such as someone who
has a degree? Or someone who makes at least $20,000 per year? Why
or why not?
Answers
Citizens participating in criminal trials should not be required to have a degree or make a certain amount of money per year. This is because such requirements would create inequalities in the justice system and violate the principle of equal protection under the law that is enshrined in the US Constitution.
First, requiring citizens to have a degree in order to participate in criminal trials would discriminate against those who cannot afford higher education. This would create an unfair advantage for those who are more affluent and better-educated, and it would prevent many people from serving on juries or as witnesses.
Secondly, requiring citizens to make a certain amount of money per year would also create inequalities. Poorer citizens would be excluded from participating in criminal trials, which would violate their rights to equal protection under the law. Moreover, wealth is not necessarily a measure of a person's ability to serve as a juror or a witness. A person's income level does not necessarily correlate with their intelligence, education, or integrity
.In conclusion,citizens should not be required to have a degree or make a certain amount of money per year in order to participate in criminal trials. Doing so would violate the principle of equal protection under the law, create inequalities, and prevent many people from participating in the justice system.
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when using the dividend discount model to price equity, which assumption allowed us to exploit the uniform annuity framework? group of answer choices dividend payments are constant no arbitrage dividend payments grow at a constant geometric rate dividend flows are perpetuity flows
Answers
The assumption that allowed us to exploit the uniform annuity framework when using the dividend discount model to price equity is that dividend flows are perpetuity flows.
The dividend discount model is a stock valuation technique that estimates the intrinsic value of a stock by discounting the predicted future dividends using a discount rate. The stock's present value is calculated by adding all of the future dividends. The discounted cash flow (DCF) analysis is another term for this valuation method. The present value of dividends is calculated by multiplying the next year's dividends by the present value of a constant dividend perpetuity. Assumptions made by the dividend discount model.
1. Constant dividend payments - The dividend discount model assumes that the company will pay a constant dividend every year.
2. Constant growth of dividends - It also assumes that the dividend will grow at a constant geometric rate.
3. Perpetuity flows - The dividend discount model assumes that the dividends are perpetuity flows, which are recurring payments that continue indefinitely at a constant rate of return. This assumption enables the model to be presented in the form of a uniform annuity.
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how to find acquistion of plant asets
Answers
Finding the acquisition of plant assets requires a thorough review of financial statements, company reports, and industry research to get a complete picture of the company's investments in this area.
To find the acquisition of plant assets.Follow these steps.
Step 1: Identify the plant assets you want to acquire. Plant assets are long-term, tangible assets used in the operation of a business, such as buildings, machinery, and equipment.
Step 2: Determine the cost of each plant asset. The cost includes the purchase price, taxes, transportation, installation, and any other costs directly attributable to bringing the asset to its intended use.
Step 3: Sum up the costs of all plant assets to find the total acquisition cost.
In summary, to find the acquisition of plant assets, you need to identify the assets, determine their individual costs, and sum up the costs to find the total acquisition cost.
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jonathan's company has been operating under restrictions placed by the state government. His company now has to issue public statements
regarding the safety of its products. It has also been required to recall all its current products. The government on its own, has also introduced
new taxes that would affect all businesses in the state where Philip's company operates. What kind of controls has the government used to
regulate Jonathan's company and to regulate businesses in the state?
Answers
Answer: direct and indirect
Explanation:
Right on Plato
Answer:
Direct & Indirect
Explanation:
The government has used direct controls to regulate Jonathan’s company and indirect controls to regulate businesses in the state.
Correct on Edmentum
How long must $512 be invested at a rate of 7.5% to earn $303.52 in interest?
Answers
Answer:
8 years
Explanation:
The number of years that must be invested at a rate of 7.5% to earn $303.52 in interest is 8 years.
To calculate this, you can use the simple annual interest formula:
I = Prt (I = interest; P = present value; r = rate; t = time).
Substituting the given values, you get I = $303.52, P = $512, and r = 0.075 (7.5%).
Solving for t, you get: t = 8 years.
llus Patrick is selling a new hair product. He hopes to sell 10 bottles a month if he spends a one-time $100 on advertising. He is selling each bottle for $12. The product costs him $5.00 to make per bottle. What would the planned profit be after one year of sales?
A. $600 B. $740 C. $1050
Answers
Answer:
B. $740
Explanation:
In the given scenario we will be analysing the cost of production versus the revenue earned by Patrick. The difference between the two will give our profit
Total number of bottles produced a year = 10 * 12 = 120 bottles
Cost of production = Advertising + manufacturing cost
Cost of production = 100 + (120 * 5) = $700
Revenue = 120 * 12 = $1,440
Profit = 1,440 - 700 = $740
You will have $ in 20 years if you set aside $2,000 at 8%. (Use the future value tables from Chapter 5.)
Answers
In 20 years you'll have $5,220.
2,000×0.08=160
2,000+(160×20)= 5,220.
The total interest will be $3200 (160X20) at an interest rate of 8%. You'll have $5,220 after 20 years.
What is the interest rate?The amount of interest due each period expressed as a percentage of the amount lent, saved, or borrowed is known as an interest rate (called the principal sum). The total interest on a loaned or borrowed sum is determined by the principal amount, the interest rate, the frequency of compounding, and the period of time the loan, deposit, or borrowing took place.
The rate calculated over a year is the annual interest rate. However, they are typically annualized. Various interest rates are applicable over shorter time frames, such as a day or a month.
A key tool of monetary policy, interest rate goals are taken into consideration when addressing issues like investment, inflation, and unemployment. When a nation wants to boost consumption and investment in the economy, its central bank typically lowers interest rates.
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What do interior designers use CAD to do? Select one task that an interior designer could use CAD for and compare it to how that task could have been done prior to the invention of CAD.
Answers
The majority of designers will utilize AutoCAD to produce floor plans and room mockups for both commercial and residential structures.
The majority will begin with a 2D layout as they collaborate with a customer to plan the overall positioning of important furniture or fixtures. The ability to transform 2D floor plans to 3D with the Room Builder feature is one of the best aspects of software like AutoCAD 2010 for interior designers and space planning, making it simple to show clients exactly how their finished room will look. Although not the only tool used by interior designers for planning, AutoCAD is unquestionably the industry standard. Do you want to know how much money you can make working with interior designers in AutoCAD? The extent of your abilities will determine that, but being able to create striking room designs within the programme will undoubtedly help you to stand out.
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An annuity is a great way to invest your money while "playing it safe."
True
False
Answers
1.
There are three main credit reporting bureaus -- Equifax, Experian, and TransUnion. How
frequently can you request and receive a free credit report from each bureau?
Answers
Every Credit user is entitled to a free credit report every 12 months (1 years) from either of Equifax, Experian, or TransUnion.
What are credit reporting agency?These are agency that maintains only an historical credit information on individuals and businesses.
The maintained historical credit information helps in preparation of the credit report and score of all individuals and businesses in United states..
In U.S., the three main credit reporting bureaus includes the Equifax, Experian and TransUnion.
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Operational data are commonly stored in many tables, and the stored data represents information about a given _____ only.
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The ___________________Party believes in individual freedom and that the only purpose of government is to protect this freedom.
Group of answer choices
Democratic
Socialist
Libertarian
Communist