If there were 60,000 pounds of raw materials on hand on January 1, 120,000 pounds are desired for inventory at January 31, and 410,000 pounds are required for January production, how many pounds of raw materials should be purchased in January?
a) 470,000 pounds
b) 350,000 pounds
c) 530,000 pounds
d) 290,000 pounds
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If there were 60,000 pounds of raw materials on hand on January 1, 120,000 pounds are desired for inventory at January 31, and 410,000 ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Rita and Susan want to form and do business as Trips & Travel Agency, Inc. They will serve as the firm's directors and officers, and will initially hold all of the stock in the company. A corporation is owned by: A) the board of directors.
Answers (1)
Suppose equilibrium savings equals $750 billion, and equilibrium GDP equals $3,500 billion. Investment spending rises to $900 billion, and equilibrium level of real GDP increases by $500 billion.
Answers (1)
Mason Corporation purchased a piece of land 5 years ago when the price of land was low. It plans to develop the land into a new facility when their current facility reaches its production limit, which it estimates will be in 4 years.
Answers (1)
Classify each of the following based on the macroeconomic definitions of saving and investment. A. Dina purchases stock in Pherk, a pharmaceutical company. B. Charles purchases a new condominium in Miami. C.
Answers (1)
Nash's Trading Post, LLC uses the percentage of receivables basis to record bad debt expense and concludes that 3% of accounts receivable will become uncollectible.
Answers (1)
New Questions in Business
John invested $12,000 in the stock of Hyper Cyber. Eight years later, Hyper Cyber's shares reached $125,000, but John held onto the shares in the belief that their price would double in the next five years. Unfortunately, Hyper Cyber did not double.
Answers (2)
Describe key services that the financial system provides to savers. A. Economies of scale of information B. Liquidity C. Risk sharing D. All of the above
Answers (1)
Brooks Company received proceeds of $188,500 on 10-year, 8% bonds issued on January 1, 2016. The bonds had a face value of $200,000, pay interest semi-annually on June 30 and December 31, and have a call price of 101.
Answers (1)
Lion Company's direct labor costs for the month of January were as follows: Actual total direct labor-hours 20,000 Standard total direct labor-hours 21,000 Direct labor rate variance-unfavorable $3,000 Total direct labor cost $126,000 What was
Answers (1)
The priority of the product in agile is more significant than in traditional project management, as the outcome, or product, will drive the elaboration of the project. True / False.
Answers (1)