Pargo company is preparing its master budget for 2020. relevant data pertaining to its sales, production, and direct materials budgets are as follows. sales. sales for the year are expected to total 1,700,000 units. quarterly sales are 18%, 23%, 24%, and 35%, respectively. the sales price is expected to be $41 per unit for the first three quarters and $43 per unit beginning in the fourth quarter. sales in the first quarter of 2021 are expected to be 15% higher than the budgeted sales for the first quarter of 2020. production. management desires to maintain the ending finished goods inventories at 25% of the next quarter’s budgeted sales volume. direct materials. each unit requires 2 pounds of raw materials at a cost of $12 per pound. management desires to maintain raw materials inventories at 10% of the next quarter’s production requirements. assume the production requirements for first quarter of 2021 are 494,000 pounds. prepare the sales, production, and direct materials budgets by quarters for 2020.

What business practice contributed most to andrew carnegie’s ability to form a monopoly?

Which of the following best explains why the demand for housing is more flexible than the supply? a. new housing developments are being constructed all the time. b. low interest rates for mortgages make buying a home very affordable. c. the increasing population always drives demand upwards. d. people can move more easily than producers can build new homes.

In each of the cases below, assume division x has a product that can be sold either to outside customers or to division y of the same company for use in its production process. the managers of the divisions are evaluated based on their divisional profits. case a b division x: capacity in units 200,000 200,000 number of units being sold to outside customers 200,000 160,000 selling price per unit to outside customers $ 90 $ 75 variable costs per unit $ 70 $ 60 fixed costs per unit (based on capacity) $ 13 $ 8 division y: number of units needed for production 40,000 40,000 purchase price per unit now being paid to an outside supplier $ 86 $ 74 required: 1. refer to the data in case a above. assume in this case that $3 per unit in variable selling costs can be avoided on intracompany sales. a. what is the lowest acceptable transfer price from the perspective of the selling division? b. what is the highest acceptable transfer price from the perspective of the buying division? c. what is the range of acceptable transfer prices (if any) between the two divisions? if the managers are free to negotiate and make decisions on their own, will a transfer probably take place?