Quantities of direct materials

Assignment Help Accounting Basics
Reference no: EM13151113

The budget which provides data on the quantities of direct materials purchases necessary to meet production needs is the:

A. direct materials purchases budget

B. sales budget

C. production budget

D. direct labor cost budget

Reference no: EM13151113

Questions Cloud

Prepare a statement of cash flows for the year 2012 for aero : Prepare a statement of cash flows for the year 2012 for Aero.
Verify necessary data conditions for a z-statistic : A random sample of 600 high school boys showed that 40 had taken diet pills during the past 30 days to lose weight. Verify necessary data conditions for a z-statistic and calculate the z-statistic
Why would the government bypass the free market in times : Why would the government bypass the free market in times of war? Is government rationing a better idea than rationing by price? Give reasons. How does government rationing affect the allocation of resources? Explain.
What is the probability of obtaining and offspring : What is the probability of obtaining and offspring that is AABbCc from parents that are AaBbCC and AABbCc?
Quantities of direct materials : The budget which provides data on the quantities of direct materials purchases necessary to meet production needs is the:
Do you think internet has helped create more competitive : These forecasts for the Internet creating “perfectly competitive” markets were based on the competitive model we have presented in this chapter. Do you think the Internet has helped create more competitive markets or less? Why?
What kind of inhibitor is x : You are observing an enzyme driven reaction. to the reaction mixture you add a chemical X which inhibits the reaction. If you add more substrate, the reaction rate approaches the Vmax pf the uninhibited reaction. Furthermore, the structure of X is..
Prisoner''s dilemma is a game : Prisoner's dilemma is a game that has been and continues to be studied by people from a variety of disciplines, from biology to sociology to public policy. Prisoner's dilemma is believed to be one of the most powerful metaphors in all of human behavi..
Amount of uncollectible accounts expense : After analyzing the accounts in the accounts receivable subsidiary ledger, the company's management estimates that uncollectible accounts will be $15,000. What will be the amount of uncollectible accounts expense reported on the income statement?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Tax consequences of incorporation

Write down a memo to Stacey describing the tax consequences of incorporation. As part of your memo analyze the possibility of having the corporation issue common and preferred stock and debt for shareholders’ property and money.

  Impact on investment account and net earnings

Kestral's accountant mistakenly assumed considerable influence and used the equity method instead of the cost method. What is the impact on the investment account and net earnings, respectively?

  Result of the partnership interest

The LAN partnership had $15,000 in outstanding liabilities on December 31, 2010. Assuing there were no distributions to the partners, what total amount of income will Jaay report for 2010 as a result of his partnership interest?

  Portion of unrealized intercorporate profit

What portion of the unrealized intercorporate profit is eliminated in a downstream sale? In an upstream sale? Explain.

  Calculation of deferred tax asset and liability at the end

Machinery was acquired in January for $300,000. Straight-line depreciation over a ten-year life (no salvage value) is used. For tax purposes, accelerated depreciation is used and Orkin may deduct 14% for 2012.

  Evaluation of division using return on investment

If a division is evaluated using return on investment (ROI) without regard to how assets are financed, the denminator in the ROI calculation will be

  What makes a cpa license valuable

What makes a CPA license valuable? a. Time, effort and education it takes to get the license. b. Continuing education after receiving the license. c. Monopoly on public accounting services.

  Solving the numerical on concepts of costs

Given the quantity and total fixed and variable costs, compute the remaining costs the complete the following table.

  Primary motivation for business combinations

Which of the following does not represent a primary motivation for business combinations?

  Working capital before and after issuing the note

Compute Thorpe's working capital before and after issuing the note. Compute Thorpe's current ratio before and after issuing the note.

  Risk of diversion of customer receipts

Which of the following internal controls most likely would reduce the risk of diversion of customer receipts by an entity's employees?

  What are the combined total department costs

What are the combined total department costs for the producing departments after allocating the service department costs?

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!

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