A company currently has no items in inventory. The demand for the next four months is 200, 400, 250, and 350 units. Determine the level production rate if a level strategy is selected with the goal of ending Period 4 with 100 units in inventory

a. 300
b. 325
c. 450
d. 350


B (325).

Business

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Garry Corporation's most recent production budget indicates the following required production: OctoberNovemberDecemberRequired production (units)210,000175,000110,000?Each unit of finished product requires 5 pounds of raw materials. The company maintains raw materials inventory equal to 25% of the next month's expected production needs. How many pounds of raw material should Garry plan on purchasing for the month of November?

A. 1,006,250 B. 793,750 C. 893,500 D. 1,012,500

Business

A cost that remains unchanged in total despite variations in volume of activity within a relevant range is a:

A. Curvilinear cost. B. Variable cost. C. Standard cost. D. Step-wise variable cost. E. Fixed cost.

Business

If an individual is an employee and also has self-employment income, the maximum tax base for computing self-employment tax is reduced by the wages that are subject to the FICA tax.

Answer the following statement true (T) or false (F)

Business

Discuss the advantages and disadvantages of start-ups.

What will be an ideal response?

Business