Business, 30.11.2019 02:31 GlitterGayness

Pearl products limited of shenzhen, china, manufactures and distributes toys throughout south east asia. three cubic centimeters (cc) of solvent h300 are required to manufacture each unit of supermix, one of the company’s products. the company now is planning raw materials needs for the third quarter, the quarter in which peak sales of supermix occur. to keep production and sales moving smoothly, the company has the following inventory requirements: the finished goods inventory on hand at the end of each month must equal 2,000 units of supermix plus 20% of the next month’s sales. the finished goods inventory on june 30 is budgeted to be 13,000 units. the raw materials inventory on hand at the end of each month must equal one-half of the following month’s production needs for raw materials. the raw materials inventory on june 30 is budgeted to be 84,000 cc of solvent h300. the company maintains no work in process inventories. a monthly sales budget for supermix for the third and fourth quarters of the year follows. budgeted unit sales july 55,000 august 60,000 september 70,000 october 50,000 november 40,000 december 30,000 required: 1. prepare a production budget for supermix for the months july, august, september, and october. 3. prepare a direct materials budget showing the quantity of solvent h300 to be purchased for july, august, and september, and for the quarter in total.

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 14:20

Suppose that each firm in a competitive industry has the following costs: total cost: tc=50+12q2tc=50+12q2 marginal cost: mc=qmc=q where qq is an individual firm's quantity produced. the market demand curve for this product is: demand qd=160−4pqd=160−4p where pp is the price and qq is the total quantity of the good. each firm's fixed cost is.

Answers: 3

Answer

Business, 21.06.2019 21:30

An office manager is concerned with declining productivity. despite the fact that she regularly monitors her clerical staff four times each day—at 9: 00 am, 11: 00 am, 1: 00 pm, and again at 3: 00 pm—office productivity has declined 30 percent since she assumed the helm one year ago. would you recommend that the office manager invest more time monitoring the productivity of her clerical staff? explain.

Answers: 3

Answer

Business, 22.06.2019 06:50

Suppose the marginal damage and marginal benefit curves in a polluted neighborhood are md = p/3 and mb = 4 – p. also, suppose that transactions costs are low, so that the consumers and the firm can bargain. we saw that in this case, the socially-optimal level of pollution is achieved. start by computing the socially-optimal p. then, for each of the following cases, compute the amount of money transferred through the bargaining process, and indicate who pays whom (i.e., whether consumers pay the firm, or vice versa). also, compute the gains to each party relative to the status quo (i.e., the starting point of the bargaining process).a)consumers have the right to clean air; firm is dominant in the bargaining process.b)consumers have the right to clean air; consumers are dominant in the bargaining process.c)firm has the right to pollute; firm is dominant in the bargaining process.d)firm has the right to pollute; consumers are dominant in the bargaining proces

Answers: 1

Answer

Business, 22.06.2019 08:00

Shrieves casting company is considering adding a new line to its product mix, and the capital budgeting analysis is being conducted by sidney johnson, a recently graduated mba. the production line would be set up in unused space in the main plant. the machinery’s invoice price would be approximately $200,000, another $10,000 in shipping charges would be required, and it would cost an additional $30,000 to install the equipment. the machinery has an economic life of 4 years, and shrieves has obtained a special tax ruling that places the equipment in the macrs 3-year class. the machinery is expected to have a salvage value of $25,000 after 4 years of use. the new line would generate incremental sales of 1,250 units per year for 4 years at an incremental cost of $100 per unit in the first year, excluding depreciation. each unit can be sold for $200 in the first year. the sales price and cost are both expected to increase by 3% per year due to inflation. further, to handle the new line, the firm’s net working capital would have to increase by an amount equal to 12% of sales revenues. the firm’s tax rate is 40%, and its overall weighted average cost of capital, which is the risk-adjusted cost of capital for an average project (r), is 10%. define “incremental cash flow.” (1) should you subtract interest expense or dividends when calculating project cash flow?

Answers: 1

Answer

You know the right answer?

Pearl products limited of shenzhen, china, manufactures and distributes toys throughout south east a...

Questions