Mandy Corporation sells a single product. Budgeted sales for the year are anticipated to be 640,000 units, estimated beginning inventory is 98,000 units, and desired ending inventory is 80,000 units. The quantities of direct materials expected to be used for each unit of finished product are given below. Material A .50 lb. per unit @ $ .60 per pound Material B 1.00 lb. per unit @ $1.70 per pound
Material C 1.20 lb. per unit @ $1.00 per pound The dollar amount of direct material B used in production during the year is:
A) $1,057,400
B) $1,193,400
C) $1,026,800
D) $1,224,000
A
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CPG Company manufactures chemicals. Chemical agent PL62 is refined in the Refining department and, after it is transferred to the Mixing department, a reactive agent is added to it. In January, 6,00 . gallons of PL62 having a cost of $30,00 . were transferred from the refining to the Mixing department where 4,00 . gallons of the reactive agent were added. When calculating the inventory costs in
the Mixing department, what will the cost per unit relating to gallons transferred in from the Refining department be? a. $3.33 b. $3.00 c. $5.00 d. $7.50
The monopolistic advantage theory states that
A. FDI is made by firms in oligopolistic industries possessing technical advantages over local companies. B. a firm that has a monopoly has a major advantage in overseas investment. C. a firm that has a monopoly domestically will have no competition making overseas investments. D. the firm making the overseas investment first has a monopolistic advantage. E. None of the above.
Identify and explain the meaning and strategic significance of each of the following terms.a) Related diversificationb) Strategic fitc) Economies of scoped) Retrenchinge) Unrelated diversification
What will be an ideal response?
Interspousal immunity means that a spouse may not testify against their spouse in court
Indicate whether the statement is true or false