Business, 09.03.2020 20:45 madisonrparks
Preparing a Direct Materials Purchases Budget Patrick Inc. makes industrial solvents sold in 5-gallon drum containers. Planned production in units for the first 3 months of the coming year is:
January 43,800
February 41,000
March 50,250
Each drum requires 5.5 gallons of chemicals and one plastic drum container. Company policy requires that ending inventories of raw materials for each month be 15% of the next month's production needs. That policy was met for the ending inventory of December in the prior year. The cost of one gallon of chemicals is $2.00. The cost of one drum is $1.60.
Required:
Calculate the ending inventory of chemicals in gallons for December of the prior year, and for January and February. What is the beginning inventory of chemicals for January? Round your answers to the nearest whole gallon.
Answers: 2
Business, 21.06.2019 20:30
In general, as long as the number of firms that possess a particular valuable resource or capability is less than the number of firms needed to generate perfect competition dynamics in an industry, that resource or capability can be considered and a potential source of competitive advantage.answers: valuablerareinimitableun-substitutable
Answers: 1
Business, 22.06.2019 04:30
What is the second step in communication planning? determine the purpose of the message outline the communication for delivery determine the best channel of communication clarify objectives identify the audience
Answers: 2
Business, 22.06.2019 15:40
Acompany manufactures x units of product a and y units of product b, on two machines, i and ii. it has been determined that the company will realize a profit of $3 on each unit of product a and $4 on each unit of product b. to manufacture a unit of product a requires 7 min on machine i and 5 min on machine ii. to manufacture a unit of product b requires 8 min on mchine i and 5 min on machine ii. there are 175 min available on machine i and 125 min available on machine ii in each work shift. how many units of a product should be produced in each shift to maximize the company's profit p?
Answers: 2
Preparing a Direct Materials Purchases Budget Patrick Inc. makes industrial solvents sold in 5-gallo...
Mathematics, 23.02.2021 02:00
Biology, 23.02.2021 02:00
Mathematics, 23.02.2021 02:00
Mathematics, 23.02.2021 02:00
Mathematics, 23.02.2021 02:00
English, 23.02.2021 02:00
Chemistry, 23.02.2021 02:00
Geography, 23.02.2021 02:00
Chemistry, 23.02.2021 02:00
History, 23.02.2021 02:00
Mathematics, 23.02.2021 02:00
Chemistry, 23.02.2021 02:00