The Howell Company has prepared a sales budget of 40 comma 000 finished units for a​ 3-month period. The company has an inventory of 11 comma 000 units of finished goods on hand at December 31 and has a target finished goods inventory of 13 comma 000 units at the end of the succeeding quarter. It takes 3 gallons of direct materials to make one unit of finished product. The company has inventory of 61 comma 000 gallons of direct materials at December 31 and has a target ending inventory of 58 comma 000 gallons at the end of the succeeding quarter. How many gallons of direct materials should Howell Company purchase during the 3 months ending March​ 31?

Answers

Answer 1

Answer:

Purchases=  123,000 gallons

Explanation:

Giving the following information:

Sales:

40,000 finished units for 3 months.

Finished goods inventory:

Beginning inventory= 11,000 units

Desired ending inventory= 13,000 units

It takes 3 gallons of direct materials to make one unit of finished product.

Direct material inventory:

Beginning inventory= 61,000 gallons

Desired ending invenyory= 58,000 gallons

First, we need to calculate the production for the period:

Production= sales + desired ending inventory - beginning inventory

Production= 40,000 + 13,000 - 11,000

Production= 42,000 units

Now, we can calculate the purchases:

Purchases= production + desired ending inventory - beginning inventory

Purchases= 42,000*3 + 58,000 - 61,000

Purchases=  123,000 gallons


Related Questions

Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next nine years because the firm needs to plow back its earnings to fuel growth. The company will pay a dividend of $10 per share 10 years from today and will increase the dividend by 6 percent per year thereafter. If the required return on this stock is 10 percent, what is the current share price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Answers

Answer:

$106.02

Explanation:

Div₀ - Div₉ = 0

Div₁₀ = $10 and then will grow by 6% forever

we must first determine the terminal value for year 9 using the dividend growth model:

P₉ = Div₁₀ / (Re - g) = $10 / (10% - 6%) = $10 / 4% = $250

now we shall discount this to present day value:

P₀ = $250 / (1 + 10%)⁹ = $250 / 2.3579 = $106.02

Nina has just started a new job and has already been late several times. She
gets everything done within the day, but she just can't seem to be on time.
What should Nina address?
A. Honesty
B. Respect for diversity
C. Integrity
D. Punctuality

Answers

Nina needs to address her punctuality

Answer:

D

Explanation:

A p e x

What is earning interest on previously earned interest called?

Answers

Answer:

Compounding. Earning interest on previously earned interest plus the principal amount.

Explanation:

Earning interest on previously earned interest is called compounding. Thus, compounding is the correct term for this definition.

It refers to the process of reinvesting the accumulated interest back into the initial principal amount, allowing for exponential growth over time. With each compounding period, the interest is calculated not only on the original principal but also on the interest earned in previous periods.

This compounding effect leads to the gradual growth of the investment or savings. Compounding is a powerful concept in finance and can significantly enhance the growth of investments or savings over the long term. It is a key factor in various financial instruments such as savings accounts, bonds, and investment portfolios.

Thus, earning interest on previously earned interest is called compounding.

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airline pilots are transportation and tourism career true or false​

Answers

Answer:

True

Explanation:

(i have no explanation i just know)

Answer:

True

Explanation:

Airplane pilots fly people to different areas around the world( which may be for tourism) so they are part of the transportation and tourism career.

In the month of November, Cullumber Company Inc. wrote checks in the amount of $10,230. In December, checks in the amount of $11,815 were written. In November, $8,240 of these checks were presented to the bank for payment, and $10,655 in December. There were no outstanding checks at the beginning of November. What is the amount of outstanding checks at the end of November? At the end of December? November December The amount of outstanding checks $enter a dollar amount $enter a dollar amount

Answers

Answer and Explanation:

The computation of the outstanding checks is shown below:

For the November end

= Checks - presented in the bank

= $10,230 - $8,240

= $1,990

For the December end

=  Checks - presented in the bank + presented in th bank - checks

= $10,230 - $8,240 + $11,815 - $10,655

= $3,150

We simply applied the above formula

CAN SOMEONE PLS HELP ME!!
Aspirin is one of the most widely used drugs in the world. Although many companies make and sell aspirin, all aspirin is pretty much the same. Because aspirin is a drug, the government has some control over companies that make it.
Is this an example of perfect competition? Why or why not?

Answers

Answer:

Yes

Explanation:

Because multiple companies are fighting over who will buy theirs even thought there all the same plz mark me Bg brain

It is an example of perfect competition because the many companies are the involved they make and sell aspirin.

What is perfect competition?

The competition of the market type is the perfect competition. Because there is less competition in the market, consumers have more options for products from various brands. The result is ultimately more competitive pricing and brings a cheaper product to the consumer.

The market is the based of the consumer demand and preferences. The perfect competition was the based of the so many brands are to exist in the market. The price are the increased the consumer are the shift to another goods and services. The example of the aspirin is drug in the world are the sell and make aspirin, the companies are the fighting to the sale in the market.

As a result, the example of the perfect competition.

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A popular fried chicken franchise opened their operations in China. Their Beijing outlet translated the tagline, Finger-lickin' good" to "Eat your fingers off." Using online research, briefly summarize five other examples of poor cultural language and cultural awareness in advertising.

Answers

Answer:

1. American Motors

A translatable product name is an important element in global branding and can derail a marketing campaign before it even starts. American Motors made this mistake in the early 1970s when naming its midsize car, the Matador. Although the name was intended to conjure images of courage and strength, it may have been a little too aggressive for Puerto Rican consumers – in Spanish, "matador" translates to "killer." Needless to say, the name didn't instill a great deal of confidence in drivers.

2. BMW

The German car giant BMW made the marketing mistake of improperly using the UAE national anthem in a car commercial. The ad displayed the Al Ain Football Club singing the anthem and then breaking into a run toward several BMW cars when they heard the sound of the engine. Although the brand was trying to arouse intense emotion, it evoked rage instead of passion. Emiratis found it incredibly offensive that the car company suggested their cars were more important than the anthem. The company explained its intent was never to offend, and it soon replaced the ad with a less offensive version.  

3. Braniff Airlines

Braniff Airlines got in trouble in 1987 when it promoted its new leather seats south of the border with the same campaign it used in the United States: "Fly in leather." While the Spanish translation, "Vuela en cuero," was appropriate throughout much of Latin America, it had different connotations in Mexico, where the expression also means "fly naked." The promotion may have appealed to some flyers, but it was far from the message the airline intended to send.

4. Coors

American beer maker Coors discovered that slang doesn't always translate well. When launching its "Turn it loose" campaign to Spain, it appears executives forgot to ensure the translation would resonate with consumers. When translated into Spanish, the tagline used an expression that's commonly interpreted as "suffer from diarrhea." While the campaign made its mark on Spanish shoppers, it was for all the wrong reasons.

5. Ford

Auto giant Ford found that in Belgium, enticing customers with a dead body in every car isn't the best way to make a sale. Hoping to highlight the cars' excellent manufacturing, Ford launched an ad campaign in the European country that execs thought said, "Every car has a high-quality body." However, when translated, the slogan read, "Every car has a high-quality corpse" – far from the image they were hoping to invoke.

6. Pampers

Sometimes, companies run into problems overseas not just for what they say but how they say it. When Procter & Gamble started selling its Pampers diapers in Japan, the packaging featured an image of a stork delivering a baby. While the imagery may have worked in the U.S., it never caught on with Japanese parents. After some research, the company learned that customers were concerned and confused by the image of a stork on the packaging. The tale of a stork delivering a baby to parents isn't part of Japanese folklore. There, stories tell of giant floating peaches bringing babies to awaiting parents.

Explanation:

Answer:

Sometimes marketers try to convince consumers overseas that their product goes beyond traditional cultural barriers by simply translating the original taglines or ignoring cultural barriers. This is where they go wrong. Here are some examples:

A company that made baby foods entered the market in Africa where they used their original packaging of containers with baby pictures on them. In Africa, most companies follow the tradition of putting picture of contents on the packaging. So, putting the picture of a baby on the packaging proved to be a bad brand strategy.

A famous cereal brand had to rename their product name in Sweden after it was translated into the local language as “burned farmer.”

A well-known bank with an ad campaign that read, "Assume Nothing," had to reconsider their campaign when they launched their operations overseas. They had to change their tagline because the tagline translated to "Do Nothing" in many countries.

An automobile company tried to sell cars in Mexico using a tagline that roughly translated to “the car doesn’t move”.

A beverage company used characters in Chinese that sounded like the brand name but read as “Bite the wax tadpole.” They later used a different tagline, this time being more careful.

Explanation:

Reinvesting cash flow allows a firm produce additional products and generate additional sales.
O True
O False

Answers

True I think I am not 100% sure

Econ please helppp :(((((

Answers

Answer:

Pure competition

Explanation:

Pure competition refers to an ideal market with very many suppliers selling an identical product. Because the sellers are many, none of them can influence the price. Pure competition is also the perfect competition.  Other characteristics of perfect competition include.

easy to enter and exit the market since there are no trade barriersAll sellers sell a homogeneous productall sellers are price takersThere are many buyers.Buyers have sufficient knowledge of prices and suppliers.

What are two types of strategies businesses use to directly influence the environment?


A. Social media rebranding

B. Lobbyists and flames

C. Formal organizational structure and informal organization

D. Social media and strategic financing

Answers

Answer:

D. Social media and strategic financing

Explanation:

The two types of strategies businesses that directly impact the environment is social media and strategic financing

As social media is used for the promotion of the company goods and services. It creates an awareness among the public at large

While on the other hand, the strategic financing refers to the long term planning i.e. where the company wants to be in near future

Therefore as per the given situation, the option D is correct

i did it Answer:

Explanation:

West Corp. issued 20-year bonds two years ago at a coupon rate of 8.6 percent. The bonds make semiannual payments. If these bonds currently sell for 107 percent of par value, what is the YTM? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers

Answer:

shshdhhdhdhdhdhhd

Explanation:

shshhsshd

Do you believe the government should play a role in speeding up or slowing down the economy

Answers

Answer:

Yes I do believe they should because it is important to speed up economy's rate of growth

Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of €1,000, 15 years to maturity, and a coupon rate of 6.9 percent paid annually. If the yield to maturity is 8 percent, what is the current price of the bond?

Answers

Answer:

€905.85

Explanation:

The  current price of the bond is its Present Value (PV) this is calculated as follows :

Fv = €1,000

n = 15

Pmt = €1,000 × 6.9% = $69

i = 8%

P/yr = 1

Pv = ?

Using a financial calculator to enter the values as above, the PV is €905.85.

Thus,  the current price of the bond is €905.85.

A manufacturing company provides jobs for many people in a small town where employment is not easy to find. The company has stayed in the town even though it could find cheaper workers elsewhere, because workers are loyal to the company due to the jobs it provides. Over the years, the company has developed a reputation in the town for taking care of its employees and being a responsible corporate citizen.

The manufacturing process used by the company produces a by-product that for years has flown into the town river. The by-product has been considered harmless but some people who live near the river have reported illnesses. The by-product does not currently violate any anti-pollution laws.


WHAT ARE THE ANSWERS TO THESE QUESTIONS?

What are the issues of integrity, ethics and law posed in the case study? What options does the company have, and what should it do and why?

Answers

Explanation:

Note, the term integrity often refers to the ability to keeping to one's moral principles, such as honesty. And ethics refers to the principles of right and wrong one might have.

For example, from this case, we observe that

although the company is known to have a good reputation over the years and of being a responsible corporate citizen, if it fails to act, then the company's integrity comes under question.Even though the by-product does not violate any laws, failing to take action may taint the good reputation it has had considering the fact that the company is well aware that "some people who live near the river have reported illnesses."

Note That,  When the term is integrating often refers to the ability to keep to one's moral principles, such as honesty. And also, that ethics refers to the principles of right and wrong one might have.

Giving For  such example are, from this case, we observe that is:

Thus, although the company is known to have a good reputation over the years and of being a responsible corporate citizen, Then if any it fails to act, then the company's integrity comes under the question of law. Also that Even though the by-product does not violate any laws, Then it is failing to take action may taint the good reputation it has had considering the fact that the company is well aware that is "some people who live near the river have reported illnesses."

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How do large companies exercises control over producers

Answers

Answer:

By controlling the market the producer has access to. And competing for lower costs.

Explanation:

Small businesses selling on credit find that:

a. it is relatively inexpensive and simple.

b. it is expensive and requires a great deal of effort.

c. it is essentially borrowing money from the customer.

d. many can get by without selling on credit because their business customers don't expect to use credit.

Answers

Answer:

b. it is expensive and requires a great deal of effort.

Explanation:

selling on credit is basically lending money to customers and it can be very expensive for a small business. First of all, the risk of not getting paid always exists. Second, a small business doesn't generally have excess cash in order to finance credit sales. This means that you might probably need to borrow money yourself to finance your customers.

The good side of credit sales is that they might help you increase your total sales. But you have to calculate which is higher, the costs or the benefits.

what a product that hasn't been created yet???

Answers

Answer:

i like your smart pantry idea lol, its like a smart fridge but pantry version

Explanation:

According to leading entrepeneur, Guy Kawasaki, the best reason to start a new business is to ______.


be your own boss

make a large profit

make the world a better place

achieve success

Answers

Answer:

make the world a better place

Explanation:

Answer:

C. Make the world a better place

Explanation:

"The best reason to start an organization is to make meaning - to create a product or service to make the world a better place."

—Guy Kawasaki, entrepreneur, investor, author

If you want to know whether a company had a profit or a loss during a specific period of time, which financial statement would be most helpful? A. Statement of owners' equity B. Cash flow statement C. Balance sheet D. Income statement Please select the best answer from the choices provided

Answers

Answer:

D. Income statement.

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP). Example of financial statements includes an income statement used to measure the amount of money entering into a business and to determine if its making a profit or a loss.

Hence, If you want to know whether a company had a profit or a loss during a specific period of time, the financial statement which would be most helpful is the income statement.

Answer:

D. Income statement.

Explanation:

What is the similarity between goodwill and factory equipment for a business?
A.
Neither has a physical presence.
B.
Both have a financial value.
C.
Both are tangible assets.
D.
Both need to be sold off within one year.
E.
Both are current assets.

Answers

Answer:b

B: Both have financial value

Explanation:ik its b

Ik its B took the test

Answer: I believe the answer is B

Type the correct answer in the box. Spell all words correctly. Which type of economy does Sweden have? Many companies in Sweden are in the private sector, while the government regulates business and provides security to citizens through its extensive welfare system. This is a(n) economy.

Answers

Answer:

mixed economy

Explanation:

Sweden is generally defined as a social democracy, or democratic socialist country. Most European countries fit into the category of social democracies, and some even include Canada into that list. They are countries that support and respect private business and property, but at the same time their economies are highly regulated by the government. They also provide an extensive social safety net and many services are public specially health care and education. If you studied Marx, they reached the superior stage of capitalism. Although they are not fools, since they reject communism.

Lack of economic growth is a major problem for ____ economic systems

Answers

Answer:

traditional

Explanation:

As Mike says in the video, trainers need to genuinely care about their clients. Ana adds that she learns a lot about people and earns their trust, then helps them set practical goals that will help them methodically improve their fitness. Which problem-solving style is the best fit? Intuitive-Feeling Intuitive-Thinking Sensation-Thinking Sensation-Feeling

Answers

Answer:

Sensation feeling

Explanation:

what is the definition of inventory stock

Answers

Answer:

they are goods and materials that a business holds for the ultimate goal of resale or repair

The lessons or skills that a person gains by working in a specific job or occupation is known as _____.
A. training
B. experience
C. certification
D. education

Answers

Answer:

experience

Explanation:

Suppose the United States has two​ utilities, Commonweath Utilities and Consolidated Electric. Both produce 20 million tons of sulfur dioxide pollution per year.​ However, the marginal cost of reducing a ton of pollution for Consolidated Electric is ​$275 per ton and the marginal cost of reducing a ton of pollution for Commonwealth Utilities is ​$375 per ton. The​ government's goal is to cut sulfur dioxide pollution in half​ (by 20 million tons per​ year).

a. If the government issues 10 million tradable pollution permits to each​ utility, what will be the cost of eliminating half of the pollution to​ society?

b. Using a cap-and-tradeLOADING... system of tradable emission allowances will eliminate half of the sulfur dioxide pollution at a cost of ​$ nothing million per year.

c. If the permits are not tradable, what will be the cost of eliminating half of the pollution?

d. If permits cannot be traded, then the cost of the pollution reduction

Answers

Answer and Explanation:

The computation is shown below:

a. The cost of eliminating is shown below:

= $275 × 20

= $5,500

b. The cost would be $375 per ton

c. In the case when the permits are not tradable so in this the cost is $5,500

d. In the case when the permits cannot be traded so the cost of the pollution reduction is

= $375 × 10 + $275 × 10

= $3,750 + $2,750

= $6,500

Which of the following is a benefit of determining your personal vision:
a. A personal vision can help you discover your purpose in life.
b. A personal vision guarantees that you will achieve your dreams.
c. A personal vision finalizes every aspect of your career path.
d. A personal vision allows you to work less and accomplish more.

Answers

Answer:     the difference between two numbers can be obtained by subtracting the smaller number from the bigger number.

• Here, - 0.4 is the smaller number, and 44.4 is the larger number.

• Therefore, the difference between the two is 44.4 - (- 0.4).

• Now, in mathematics, - and - makes a +.

This implies that, 44.4 - (- 0.4) = 44.4 + 0.4 = 44.8

∴   The required difference is 44.8.

Explanation: follow meif you want to help more

Supper Company Ltd., reported the following stockholders’ equity on its balance sheet at June 30,

2012:

Supper Company Ltd.

Stockholders’ Equity

June 30,2012

Paid-in Capital

Preferred stock, 10%,? par, 650,000 shares authorized, 280,000 shares issued $ 1,400,000

Common stock, par value $? per share, 5,000,000 shares authorized,

1,000,000 shares issued and outstanding

2,000,000

Paid-in capital in excess of par—common 6,000,000

Total paid-in capital 9,400,000

Retained earnings 12,300,000

Total Stockholders’ equity $21,700,000

Requirements:

1. What is the par value per share of Supper’s preferred stock? (Show Workings)

2. What is the par value per share of Supper’s common stock? (Show Workings)

3. What is the selling per share for the $6,000,000 reported as paid-in capital in excess of par –

common? (Show Workings)

4. Prepare two (2) summary journal entries to record issuance of all the Supper Company Ltd stock for

cash. Explanations are not required.

Answers

Answer:

1. Par Value of Preferred stock;

= Preferred stock value / Shares issued

= 1,400,000/280,000

= $5

2. Par Value of Common Stock

= Common stock value / Shares issued

= 2,000,002/1,000,000

= $2

3. Selling price per share including Paid-In Cap

Paid-in cap is the price of a share that exceeds its par value. Selling price therefore is;

= (Par Value + Paid In cap)/ Number of shares

= (2,000,000 + 6,000,000) / 1,000,000

= $8 per share

4.

DR Cash                                                         $1,400,000

     CR Preferred Stock                                                            $1,400,000

DR Cash                                                                $8,000,000

      CR Common Stock                                                                $2,000,000    

            Paid-In Capital in excess of par - Common Stock       $6,000,000

21. Which of the following goods has elastic demand?
a. Tobacco
b. Table salt
c. diet coke
d. toothpaste

Answers

Answer:

tobacco

Explanation:

Does anybody know xxalvinaa

Answers

....................no
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