User Account

All Pages

Calculate the number of units of product

Assignment Help Accounting Basics
Reference no: EM131814390

Question - Production and purchases budgets Pelican Co. is forecasting sales of 40,300 units of product for October. To make one unit of finished product, 10 pounds of raw materials are required. Actual beginning and desired ending inventories of raw materials and finished goods are:

October 1 October 31

(Actual) (Desired)

Raw materials (pounds) . . . . . . . . . 48,550 44,300

Finished goods (units) . . . . . . . . . . . 3,850 5,400

Required:

a. Calculate the number of units of product to be produced during October.

b. Calculate the number of pounds of raw materials to be purchased during October.

Reference no: EM131814390

Questions Cloud

What are the ethical issues involved in this situation : Can Lucia defer revenues and accrue as many expenses as possible and still be ethical
Calculate the estimated cash receipts for september : Based on past experience, it is estimated that 30% of a month's sales are collected in the month of sale, Calculate the estimated cash receipts for September
What action steps should hrm consider : Evaluate potential pros and cons of using either external or internal equity but not the other. What action steps should HRM consider?
Discuss specializing in management consultancy : Fred, an executive of a British corporation specializing in management consultancy, comes to Australia to set up a branch of his company
Calculate the number of units of product : Production and purchases budgets Pelican Co. is forecasting sales of 40,300 units of product for October. Calculate the number of units of product
Evaluate the data according to the typology of data sources : Use the Internet to locate five different sources of data that can be used in statistical analyses. For each source: Identify the source.
Evaluate at least three trends or recent approaches : Evaluate at least three trends or recent approaches in benefits that SEIIC should consider in its redesign effort, including the pros and cons of each.
What can be done to generalize the results of the study : Some research projects are developed using the case study approach. Using this approach, we choose a single observation for detailed study.
Which one of the listed distortion factors most contributed : Which one of the listed distortion factors most contributed to your situation? What could you have done differently?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd