Swifty Production is planning to sell 602 boxes of ceramic tile, with production estimated at 586 boxes during May. Each box of tile requires 44 kilograms of clay mix and a quarter hour of direct labour. Clay mix costs $0.60 per kilogram and employees of the company are paid $10.00 per hour. Manufacturing overhead is applied at a rate of 110% of direct labour costs. Swifty has 2510 kilograms of clay mix in beginning inventory and wants to have 2970 kilograms in ending inventory. What is the total amount to be budgeted in kilograms for direct materials to be purchased for the month?
25324
26948
26244
25784
Answers
The total amount to be budgeted in kilograms for direct materials to be purchased for the month is 26,548.
The total amount to be budgeted in kilograms for direct materials to be purchased for the month can be calculated as follows:First, calculate the number of kilograms of clay mix required to produce 602 boxes of ceramic tiles.
This is done by multiplying the number of boxes by the amount of clay mix required per box.602 boxes x 44 kg of clay mix per box = 26,088 kg of clay mix needed for production
Next, calculate the amount of clay mix Swifty needs to have on hand at the end of the month. This is done by adding the desired ending inventory to the amount of clay mix used in production during the month.2,970 kg (desired ending inventory) + 26,088 kg (clay mix used in production) = 29,058 kg of clay mix needed
Finally, calculate the amount of clay mix that needs to be purchased during the month.
This is done by subtracting the amount of clay mix on hand at the beginning of the month from the total amount needed during the month.29,058 kg (total amount needed during the month) - 2,510 kg (clay mix on hand at beginning of month) = 26,548 kg of clay mix to be purchased during the month
Therefore, the total amount to be budgeted in kilograms for direct materials to be purchased for the month is 26,548.
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Related Questions
Which strategy best helps a famous brand company reach consumers?
selling at trade shows
sending out mailings in small towns
advertising nationally
marketing selectively
Answers
Answer:
C.) advertising nationally
Explanation:
This is the correct answer. The person above may only have a 3-star rating, but they are correct.
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Jordan loves creating short films using his phone camera and small posable figures. He has learned how to edit the videos so that it looks as if the figures are alive and moving! What possible career paths might Jordan want to consider for his future? What type of education should Jordan get? Explain.
Answers
Answer:
A possible career pathway is Digital Filmmaking and Video Production. This career involves teaching students video development, post production, and live video production. For this career pathway Jordan should get a master’s degree in digital media studies because this education gives him a chance to learn more about how to improve the quality of his flims and what types of materials make the flims and the objects that are moving look more professional.
Explanation:
A set of procedures used to make modern video products is referred to as digital filmmaking, sometimes known as digital cinematography. These use a variety of equipment and techniques to create various types of material for a variety of media channels.
What's the difference between filmmaking and digital filmmaking?Film cameras are typically cheaper than high-end digital cameras. The film captures the exact image captured by the lens. Digital cameras must convert that light into a digital signature, which may contain visual artifacts. The dynamic range of the film is greater, particularly in darker situations.
The term "digital filmmaking" can refer to a variety of procedures and techniques utilized in current films, such as the usage of digital cameras or more comprehensive digital features such as characters and locations produced entirely within a computer.
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With respect to data warehousing, appraise at least two (2) approaches in data warehouse design that supports quality data management from varying sources, processing/storage of data throughout the warehouse model, and meaningful output into the presentation layer. Summarize your recommendations in the executive summary.
Answers
Two approaches in data warehouse design that support quality data management, processing/storage of data, and meaningful output are the Kimball and Inmon approaches.
The Kimball approach is a widely adopted methodology for data warehouse design. It emphasizes dimensional modelling, which involves organizing data into fact tables (containing numerical measures) and dimension tables (describing the context of the measures). This approach enables easy navigation and query performance, as well as the integration of diverse data sources. It also promotes iterative development, allowing for incremental updates and adjustments to the data warehouse model.
The Inmon approach, proposed by Bill Inmon, emphasizes a centralized data repository called the "data warehouse." It prioritizes data integration and normalization, ensuring consistency and accuracy. The Inmon approach focuses on capturing detailed data from various sources and transforming it into a common structure for analysis and reporting. This approach supports complex querying and analysis but may require more storage and processing resources due to the normalized data structure.
Both approaches have their merits and considerations. The Kimball approach excels in quickly delivering meaningful output, enabling iterative development and user-driven design. On the other hand, the Inmon approach provides a comprehensive and integrated view of the data, facilitating complex analysis and ensuring data consistency.
Ultimately, the choice between the Kimball and Inmon approaches depends on factors such as the specific requirements of the organization, the complexity of data sources, and the desired outputs. A combination of both approaches may also be considered to achieve the best outcomes in data warehouse design and management.
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Does anyone have a perfect competition business example?
Answers
Answer:
Perfect competition is a type of market structure where products are homogenous and there are many buyers and sellers. ... Whilst perfect competition does not precisely exist, examples include the likes of agriculture, foreign exchange, and online shopping.
Explanation:
1. In what kind of situations is queuing analysis most appropriate?
2. What approaches do supermarkets use to offset variations in customer traffic intensity?
Answers
Queuing analysis, also known as waiting line analysis, is most appropriate in situations where there is a flow of customers or entities arriving at a service system and waiting in line for service. It is used to analyze and optimize the performance of waiting lines or queues. Some common situations where queuing analysis is applied include:
Retail environments: Queuing analysis can be used in retail stores, banks, post offices, and other service-oriented businesses where customers wait in line for service.
Call centers: Queuing analysis can help determine the number of operators or agents required to handle incoming calls efficiently, reducing wait times and improving customer satisfaction.
Transportation systems: Queuing analysis can be applied to analyze traffic congestion, transit systems, airports, and other transportation networks to optimize flow and reduce delays.
Healthcare facilities: Queuing analysis can be used to improve patient flow in hospitals, clinics, and emergency departments, ensuring timely service and reducing wait times.
Supermarkets use various approaches to offset variations in customer traffic intensity, aiming to maintain efficient operations and customer satisfaction. Some common approaches include:
Staff scheduling: Supermarkets adjust their staff schedules based on expected customer traffic. During peak hours, more checkout lanes and staff members are deployed to handle the higher influx of customers, reducing wait times.
Self-checkout systems: Supermarkets provide self-checkout systems that allow customers to scan and pay for their purchases independently. This helps distribute the customer flow and reduce the load on traditional checkout lanes during busy periods.
Queue management systems: Supermarkets may implement electronic queue management systems that provide real-time information on wait times and direct customers to available checkout counters, ensuring a smooth and organized flow.
Store layout and design: Supermarkets design their layouts strategically to optimize customer flow and minimize congestion. This includes placing popular items strategically, providing clear signage, and organizing checkout counters efficiently.
Predictive analytics: Supermarkets use data analytics and forecasting techniques to predict customer traffic patterns based on historical data, seasonal trends, and special events. This allows them to proactively allocate resources and manage customer flow effectively.
By employing these approaches, supermarkets aim to create a positive shopping experience for customers by reducing wait times, ensuring efficient service, and maintaining customer satisfaction.
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Private ownership of business provides an incentive for people to work hard because:
Answers
Private ownership of business provides an incentive for people to work hard because it allows individuals to directly benefit from their own hard work and innovation.
When a person owns a business, they have the potential to make profits from their efforts, which motivates them to put in the time and effort necessary to succeed. Additionally, private ownership allows individuals to have control over their own business decisions and the direction of the company, which can be empowering and fulfilling. However, it is important to note that private ownership is not the only motivator for hard work and innovation. Other factors such as job satisfaction, passion, and personal values also play a significant role. Overall, private ownership of business can be a powerful motivator for individuals, but it is not the only factor that drives hard work and success.
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Pqs reported equipment tk. 50,000 and tk. 35,000 respectively as on december 31, 2020, and december 31, 2019. the corresponding accumulated depreciation was tk. 12,000 and tk. 8,000. during 2020, pqs sold a piece of equipment for tk. 5,000 (associated accumulated depreciation was tk. 3,000) resulting in a loss of tk. 2,000. determine the following amounts for 2020. (a) depreciation expense. (b) equipment purchase.
Answers
The following amounts (Depreciation Expense and Equipment Purchase) for 2020 reported by Pqs are:
a) Depreciation Expense for the year is tk. 7,000.
b) Equipment Purchase for the year is tk. 25,000.
How is the depreciation Expense determined?The depreciation expense is the difference between the current year's accumulated depreciation and last year's accumulated depreciation.
The above holds when there is no disposal. However, with disposal, the value of the accumulated depreciation for the sold item should be factored into the computation.
Data and Calculations:December 31, 2020 December 31, 2019
Equipment tk. 50,000 tk. 35,000
Accumulated Depreciation tk. 12,000 tk. 8,000
Sale of equipment during 2020 = tk. 5,000
Accumulated Depreciation of sold equipment = tk. 3,000
Loss from the sale of the equipment = tk. 2,000
Cost of equipment = tk. 10,000 (5,000 + 3,000 + 2,000)
Increase in Accumulated Depreciation (Depreciation Expense) = tk. 7,000 (12,000 - 8,000 + 3,000)
Equipment purchase = tk. 25,000 (50,000 - 35,000 + 10,000)
Thus, the Depreciation Expense for the year is tk. 7,000 while the Equipment Purchase for the year is tk. 25,000.
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Devon was surprised that his pay check was less than he had expected. His
paycheck was reduced because
had been withheld by his employer.
OA. incentives
B. commissions
C. gross pay
OD. deductions
Answers
The answer is C. Gross pay. Devon's paycheck was reduced because it had been withheld by his employer as gross payment.
"Gross pay" mean?Before any taxes, benefits, or other payroll deductions are done , an employee's gross salary is what they are paid. Net pay, often known as take-home pay, is the amount that is given after all withholdings have been taken into consideration.
Calculate my gross pay?Start by determining the total amount need for each pay period in order to see an employee's gross compensation. Hourly workers multiply their total hours worked by their hourly rate, plus any overtime. Employees on a salary split their yearly earnings by the number of pay periods.
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Why proprietor is crucial in the private organization?
Answers
Answer:
A possible main reason for all of these business is to be able to earn profit and increase their market's shares. However, the unlimited liability is more important, the owner's business assets and his or her personal assets will basically be owned by the creditors when the business faces financial losses.
Monopolistic competitors maximize profit by: Question 2 options: Adjusting output at a given price Adjusting price for a given output Adjusting output and price Cheating
Answers
Monopolistic competitors maximize profit by adjusting output and price. In a monopolistic competition market structure, firms have some degree of control over price and can differentiate their products from competitors.
To maximize profit, monopolistic competitors need to find the optimal combination of output and price. By adjusting the quantity of output produced, firms can align their production levels with consumer demand. If the demand for their product increases, firms can increase their output to meet the higher demand. Conversely, if the demand decreases, firms can decrease their output to avoid excess inventory and minimize costs.
In addition to adjusting output, monopolistic competitors also need to consider price. They can manipulate the price of their product to maximize profit. This involves setting prices that are higher than the marginal cost of production but still attractive to consumers. By setting a price that reflects the perceived value of their differentiated product, firms can capture a larger market share and generate higher profits.
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Mort Silver owns a home. He estimates his expenses as mortgage interest, $10,180; property taxes, $3,690; insurance, $833; depreciation, $3,800; maintenance and repairs, $900; lost interest income, $2,375; and utilities, $2,450. He expects to save $3,700 in income taxes. What is his net cost of home ownership?
Answers
Answer:
$17,528.00
Explanation:
The net cost of home-ownership will be the expenses minus savings.
Mortgage interests: $10,180
Property taxes :$3,690
Insurance :$833
Depreciation :$800
Maintenance and repairs :$900
Loss interest income :$2,375
Utilities: $2,450
The total expenses
= $10,180 + $3,690 + $833 + $800 + $900 + $2,375 + $2,450
=$21,228
Savings
=$21,228 - $3,700
=$17,528.00
All taxpayers can make tax payments using a direct debit from their bank account.
True
False
Answers
Answer:
false
Explanation:
the region has been the largest exporter of petroleum for the last four decades. Which country is it?
Answers
The country that has been the largest exporter of petroleum for the last four decades is Saudi Arabia.
Who is an exporter?
A person or company that is exporting goods is in fact referred to as an exporter. This suggests that the person moves goods for trade from his home country to another. The nation from which the goods were sent is referred to as the exporting nation in this context.
What does the exporter do?
It is the exporter's responsibility to ascertain if the export of a certain good or piece of technology is subject to export regulation. Nonetheless, guidance may be available from the relevant authorities. Exporters should carefully investigate whether a particular product or technology is subject to export control laws.
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The role of the Federal Reserve Board of Governors is to:
A. loan money to multinational corporations.
B. set discount rates and reserve requirements.
O c. enforce monetary policy on Federal Reserve banks.
O D. establish new Federal Reserve districts.
Answers
The role of the Federal Reserve Board of Governors is to enforce monetary policy on Federal Reserve banks. Hence, Option C is correct.
What is monetary policy?In macroeconomics, there is a policy whose duty is to make sure that policies that are made by the Board of Governors have been applied to all the central banks. This policy is known as monetary policy, which manages the flow or supply of money to all the banks.
This policy also manages the interest rate. Just like other policies, monetary policy also has some tools, With the help of these tools, it is easy to manage the policy. Tools are named as operations for the open market, requirements of the reserve, and lastly rate of discount.
Therefore, Option C is correct.
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Which of the following is a challenge for a business that wants to begin exporting?
A) increasing company profits.
B) identifying a target market.
C) improper use of a trademark
D) Generate tax dollars for another country.
Answers
which task is carried out by book keeping
Answers
Answer:
Explanation:
Invoices and unpaid bills are one of the most important responsibilities of the bookkeeper. A bookkeeper who fails to keep an account of the money flowing into and out of the business, for instance, makes it all too easy to spend money that isn't there.
Disadvantages of choosing a job that is extremely popular or in demand
Answers
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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Resources are items and materials
needed to provide goods and
services. All of the following are
examples of resources EXCEPT:
A. demand
B. timber
C. money
Answers
Answer: A. demand
Explanation:
How do you calculate a company's net worth?
a) Total up all Assets
b) Subtract total Liabilities from Stockholder's Equity
O c) Subtract Stockholder's Equity from Total Assets
O d) Subtract total Liabilities from total Assets
Answers
To find a companies net worth you subtract total liabilities from total assets
Your welcome…
Which of the following choices is not a step that can reduce your spending?
a.
eating at home, rather than dining out
b. using budgeted cash only
c. forgoing premium cable TV channels
d. purchasing reduced fat lattes during the week
Answers
Out of the given options, you won't reduce your spending by d. purchasing reduced fat lattes during the week.
How can we reduce spending?The best way to reduce spending is by spending less on things that we don't need or that we can do without.
In this case, spending on fat lattes won't be a way to reduce spending because they aren't very significant.
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Which best describes which careers would work in offices? O Marketing Information Management and Research, Distribution and Logistics, and Marketing Communications and Promotion employees can work in offices. All Marketing, Sales, and Service employees can work in offices. All Marketing, Sales, and Service employees except those in Management and Entrepreneurship can work in offices. O Sales and Service employees work in offices, but Marketing employees do not. pls help me
Answers
Answer:
Marketing Information Management and Research, Distribution and Logistics, and Marketing Communications and Promotion employees can work in offices
Explanation:
I took this test before and this was the answer
Answer:
A
Explanation:
which of the following is an advantage of the corporate form of organization? question 1 options: control of a corporation may be held by those with a minority of the investment. the cost of forming and maintaining a corporation is minimal. a corporation need not be qualified in all states where it is conducting local or intrastate business. license fees and franchise taxes are not assessed against corporations. corporate income is not subject to double taxation.
Answers
The advantage of the corporate form of organization is that a) control of a corporation may be held by those with a minority of the investment.
This means that a minority shareholder or group of shareholders can exercise significant control over the corporation, provided they own a sufficient number of shares. This is in contrast to other forms of organization where control is typically proportional to investment.
However, it is important to note that there are also disadvantages associated with the corporate form of organization, such as the potential for conflicts of interest between shareholders and management, and the complexity and expense of forming and maintaining a corporation.
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In your discussion (from question 1), report to Pieter Boone the environment in which Pick n Pay operates, (Further research is encouraged).
Answers
Pick n Pay operates in the retail industry in South Africa, which is a dynamic and competitive market. The company faces various environmental factors, including economic conditions, consumer behavior, technological advancements, regulatory policies, and social trends. Conducting further research will provide a more comprehensive understanding of the specific environment in which Pick n Pay operates.
The environment in which Pick n Pay operates can be influenced by several factors. Firstly, economic conditions play a crucial role as they impact consumer spending power, inflation rates, and overall market growth. Changes in GDP, employment levels, and disposable income can significantly affect consumer behavior and purchasing decisions.
Consumer behavior and preferences are another important aspect. Factors such as shifting demographics, changing lifestyles, and increasing health-consciousness can influence the demand for certain products and services. Pick n Pay needs to stay updated on these trends to effectively cater to customer needs and stay competitive.
Technological advancements are rapidly transforming the retail industry. E-commerce, mobile applications, and digital platforms have reshaped the way consumers shop and interact with retailers. Pick n Pay needs to adapt to these technological changes to enhance the customer experience, streamline operations, and stay relevant in the market.
Regulatory policies and compliance requirements also impact Pick n Pay's operations. Government regulations related to labor, taxes, food safety, and environmental sustainability can impose additional costs and affect business practices.
Lastly, social trends and cultural factors shape consumer preferences and expectations. Growing awareness of sustainability, ethical sourcing, and social responsibility can influence consumer choices and impact Pick n Pay's reputation.
Conducting further research on the specific market dynamics, industry trends, and competitive landscape will provide a deeper understanding of the environment in which Pick n Pay operates. This knowledge will enable the company to make informed decisions, identify growth opportunities, and effectively respond to the ever-changing business landscape.
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How many months will it take Damián to save up the money for first and last month's rent? Damián's monthly paycheck = $1,300 First and last month's rent = $750 + $750 = $1,500 First month's groceries, cable and internet = $200 + $ 100 = $300
Answers
Answer:
2 months
Explanation:
Damian requires the first and last months rent = $1500
His monthly income is $1,300
The first month's expenses are $300 ( groceries, cable, and internet)
Possible savings from month one = $1000 ($1300 - $300)
To get $1500, Damian will need to save for two months.
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
Answers
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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Select the correct answer.
A restaurant manager reads a study on the health habits of the local community. However, he wants to validate this information with an internal secondary data source. Which of the following should he consult?
A. a census bureau report
B. newspaper articles from a national source
C. market research study
D. his company’s financial statements
E. networking contacts
Answers
Answer: C
Explanation: An internal source to validate the data is a marketing research paper that the business has already completed.
Answer:
C
Explanation:
right on edmentum
A state licensing fee on sales of medical devices causes the supply curve for one type of device to shift from S1 (without the fee) to S2 (with the fee). The fee is based on number of units sold and therefore works like a per-item tax paid by sellers. Use the area tool to draw the area representing the state's monthly revenue from the licensing fee for this one type of device.
Answers
Answer: hello your question is incomplete attached below is the complete question
answer ; Government revenue from tax = $750,000 per month
Explanation:
Attached below is the required graph
Government revenue from tax ( per month )
= ( 450 - 30 ) ( 50 - 0 )
= $750,000 per month
The three elements of the marketing concept are __________.
a. Market share, customer needs, marketing mix
b. Customer needs, company goals, profits
c. Channel management, customer needs, profits
d. Planning, target market, social media marketing
Answers
Answer:
B. Customer needs, company goals, profits
Explanation:
what is business ? please tell us
Answers
Answer:
Noun, a person's regular occupation, profession, or trade.
Explanation:
Which of these is true about the national unemployment rale!
A. All citizens are included in the labor force.
B. All people 18 years or older are counted as part of the labor force.
C. It is always at 6%.
D. It is never at zero.
Answers
Answer:
D. It is never at zero.
Explanation:
The unemployment rate is described as the percentage of the labor force that is jobless but actively seeking work. The labor force comprises an adult population that is currently working or seeking employment.
The unemployment rate is never at zero. At every moment, there is frictional unemployment as people switch jobs or new college graduates seeking their first job. There is also unemployment due to economic seasons. Even when the economy is considered to be at full employment, the unemployment level is not at zero but at around 3 to 5 percent.