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 4,000 units of supermix plus 25% of the next month’s sales. the finished goods inventory on june 30 is budgeted to be 21,250 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 105,375 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 69,000 august 74,000 september 84,000 october 64,000 november 54,000 december 44,000 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.

Titus manufacturing, inc. provided the following information for the year: purchases - direct materials $91,000 plant utilities and insurance 68,000 indirect materials 11,170 indirect labor 4270 direct materials used in production 99,000 direct labor 117,500 depreciation on factory plant & equipment 4000the inventory account balances as of january 1 are given below. direct materials $44,000 work-in-progress inventory 10,000 finished goods inventory 50,000what is the ending balance in the direct materials account? $135,000 $36,000 $110,170 $6000

Calculate the cost of each capital component—in other words, the after-tax cost of debt, the cost of preferred stock (including flotation costs), and the cost of equity (ignoring flotation costs). use both the capm method and the dividend growth approach to find the cost of equity.calculate the cost of new stock using the dividend growth approach.what is the cost of new common stock based on the capm? (hint: find the difference between re and rs as determined by the dividend growth approach and then add that difference to the capm value for rs.)assuming that gao will not issue new equity and will continue to use the same target capital structure, what is the company’s wacc? e. suppose gao is evaluating three projects with the following characteristics.each project has a cost of $1 million. they will all be financed using the target mix of long-term debt, preferred stock, and common equity. the cost of the common equity for each project should be based on the beta estimated for the project. all equity will come from reinvested earnings.equity invested in project a would have a beta of 0.5 and an expected return of 9.0%.equity invested in project b would have a beta of 1.0 and an expected return of 10.0%.equity invested in project c would have a beta of 2.0 and an expected return of 11.0%.analyze the company’s situation, and explain why each project should be accepted or rejected g

Sye chase started and operated a small family architectural firm in 2016. the firm was affected by two events: (1) chase provided $25,000 of services on account, and (2) he purchased $2,800 of supplies on account. there were $250 of supplies on hand as of december 31, 2016. record the two transactions in the accounts. record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. post the entries in the t-accounts and prepare a post-closing trial balance.