Yummy Jams Company produces a line of jams. Yummy's estimated production of jars of jam for the fourth quarter of the year is as follows: October 75,000 November 98,000 December 63,000 Each jar requires half a pound of berries. Yummy prefers to buy the freshest berries, so its policy is to have just 3% of the following month's production needs in ending inventory. On October 1, the company had 1,125 pounds of berries in inventory. Yummy's pays $0.60 per pound of berries. It buys all berries on account and typically pays 40% of a month's purchases in that month, and the remaining 60% the following month. How much cash is paid in November for berry purchases (rounded to the nearest dollar)? a.$32,212 b.$19,963 c.$21,088 d.$28,900 e.$25,258

Answers

Answer 1
Answer:

Answer:

The answer to this question is E. $25,258.


Related Questions

True or false. The primary functions of price in a free market are to inform, direct, and motivate consumers and firms.
Giả sử Công ty TNHH Đông Đô mua 1 bản quyền công nghệsản xuất dứa quả xuất khẩu của Nhật Bản với giá là 500.000USD (tỷgiá 16.000VNĐ/USD) tính ra bằng 800 triệu VNĐ, thanh toán theohình thức thư tín dụng (L/C) thông qua Ngân hàng Ngoại thương ViệtNam, thuế nhập khẩu 10% và thuế GTGT hàng nhập khẩu 10%. Côngty đã nộp các khoản thuế trên bằng chuyển khoản. Chi phí đăng kýpháp lý liên quan đến bản quyền công nghệ trong nước là 16,5 triệu đãtrả bằng tiền mặt (thuế GTGT 10%). Biết rằng doanh nghiệp thực hiệntính nộp thuế GTGT theo phương pháp khấu trừ.Yêu cầu : Xác định nguyên giá TSCĐ vô hình vừa mới được mua(Biết rằng TSCĐ vô hình được đưa vào sử dụng ngay)
The u. s. treasury issued a 10-year bond on november 16, 1998, paying 6.47% interest. thus, if you bought $600,000 worth of these bonds, you would receive $38,820 per year in interest for 10 years. at investor wishes to buy the rights to receive the interest on $600,000 worth of these bonds. the amount the investor is willing to pay is the present value of the interest payments, assuming a 6% rate of return. if we assume (incorrectly, but approximately) that the interest payments are made continuously, what will the investor pay?
The Refining Department of​ SweetBeet, Inc. had 74,000, tons of sugar to account for in July. Of the 74,000 ​tons, 42,000 tons were completed and transferred to the Boiling​ Department, and the remaining 32,000 tons were 60​% complete. The materials required for production are added at the beginning of the process. Conversion costs are added evenly throughout the refining process. The weightedminus−average method is used. Calculate the total equivalent units of production for direct materials.
Local Co. has sales of $ 10.7 million and cost of sales of $ 5.9 million. Its​ selling, general and administrative expenses are $ 550 comma 000 and its research and development is $ 1.2 million. It has annual depreciation charges of $ 1.4 million and a tax rate of 35 %. a. What is​ Local's gross​ margin? b. What is​ Local's operating​ margin? c. What is​ Local's net profit​ margin?

Net income or net loss for a period is calculated by the following formula

Answers

Revenues–Expenses–Current Debt = Net Profit or Net Loss

Answer:none of above

Explanation:

Insider trading is seen as a threat to the functionality of the financial markets. Write a short paragraph describing why this is so.

Answers

Answer:

insiders can cheat the market.

Explanation:

They can do things on the inside to make a stock go up or down. this can be an advantage to buying in low and selling high. Elon Musk did something similar, (put this in your answer for a kick) as he used his social influence to lower his stock, by saying its "overpriced" making people sell it. when the stock fell, more investors used the buying in low strategy, and he split the stock to allow smaller investors to buy into the stock, giving him 8 BILLION dollars in one market day. (I LOVE THE STOCK MARKET, IF YOU WANT TO LEARN POST A COMMENT AND I WILL TEACH YOU A LOT!!)

Final answer:

Insider trading is a threat to financial markets because it disrupts the fairness and transparency necessary in these markets. It involves using confidential info to make advantageous trades, giving some an unfair advantage and undermining trust in the market.

Explanation:

Insider trading is indeed considered a threat to the functionality of financial markets. This is primarily due to the nature of insider trading, where confidential, non-public information about a company is used to make advantageous trades. This information imbalance disrupts the fairness and transparency that the financial markets rely on to operate efficiently. For instance, if a company's internal member knows something crucial that could significantly impact the company's stock price and trades based on this information before it is publicly released, then they have an unfair advantage over other market participants. This can lead to a lack of confidence and trust in the market, which is detrimental to the smooth functioning of financial markets.

Learn more about Insider Trading here:

brainly.com/question/31667342

#SPJ3

A number of activities that are a part of a company's quality control system are listed below: a. Product testing.
b. Product recalls.
c. Rework labor and overhead.
d. Quality circles.
e. Downtime caused by defects.
f. Cost of field servicing.
g. Inspection of goods.
h. Quality engineering.
i. Warranty repairs.
j. Statistical process control.
k. Net cost of scrap.
I. Depreciation of test equipment.
m. Returns and allowances arising from poor quality.
n. Disposal of defective products.
o. Technical support to suppliers.
p. Systems development.
q. Warranty replacements.
r. Field testing at customer site.
s. Product design.

Required:
1. Classify the costs associated with each of these activities into one of the following categories: prevention cost, appraisal cost, internal failure cost, or external failure cost.
2. Which of the four types of costs in (1) above are incurred in an effort to keep poor quality of conformance from occurring? Which of the four types or costs in (1) above are incurred because poor quality of conformance has occurred?

Answers

Answer:

Explanation:

A. Product testing - Appraisal cost

B. Product recalls - External Failure cost

C. Rework labor and overhead - Internal Failure cost

D. Quality circles - Prevention cost

E. Downtime caused by defects - Internal Failure cost

F. Cost of field servicing - External Failure cost

G. Inspection of goods - Appraisal cost

H. Quality engineering -  Prevention cost

I. Warranty repairs - External Failure cost

J. Statistical process control -Prevention cost  

K. Net cost of scrap - Internal Failure cost

L. Depreciation of test equipment - Appraisal cost

M. Returns and allowances arising from poor quality - External Failure cost

N. Disposal of defective products - Internal Failure cost

O. Technical support to suppliers - Prevention cost

P. Systems development - Prevention cost

Q. Warranty replacements -   Internal Failure cost

R. Field testing at customer site - Appraisal cost

S. Product design -  Prevention cost

2. Which of the four types of costs in (1) above are incurred in an effort to keep poor quality of conformance from occurring? Prevention costs and appraisal costs.

Which of the four types or costs in (1) above are incurred because poor quality of conformance has occurred?   Internal failure costs and external failure costs

Final answer:

The costs associated with each activity can be classified into prevention cost, appraisal cost, internal failure cost, or external failure cost. Prevention costs are incurred to keep poor quality of conformance from occurring, while internal failure costs occur because poor quality of conformance has occurred within the organization.

Explanation:

The costs associated with each activity can be classified as follows:

  1. Prevention cost: Product design, Quality circles, Quality engineering, Statistical process control, Systems development
  2. Appraisal cost: Inspection of goods, Depreciation of test equipment
  3. Internal failure cost: Rework labor and overhead, Downtime caused by defects, Cost of field servicing, Net cost of scrap, Depreciation of test equipment, Returns and allowances arising from poor quality, Disposal of defective products, Technical support to suppliers, Systems development
  4. External failure cost: Product recalls, Warranty repairs, Warranty replacements, Field testing at customer site

Prevention costs are incurred to keep poor quality of conformance from occurring, while appraisal costs are incurred to assess the conformance of products. Internal failure costs occur because poor quality of conformance has occurred within the organization, while external failure costs occur because poor quality of conformance has occurred outside of the organization.

Learn more about Quality Control System here:

brainly.com/question/32955634

#SPJ11

​Jensen's Travel Agency has a 7 percent preferred stock outstanding that is currently selling for​ $48 a share. The preferred stock has a​ $100 par value. The market rate of return is 10 percent and the​ firm's tax rate is 34 percent. What is the​ Jensen's cost of preferred​ stock?

Answers

Answer:

$20.83

Explanation:

The computation of the cost of preferred stock is shown below:

Cost of preferred stock = (Dividend × par value) ÷ (current selling price) × 100

                                       = (10% × 100) ÷ ($48) × 100

                                       = 10 ÷ 48 × 100

                                       = $20.83

Simply we divide the dividend by the current selling price so that the cost of preferred stock can be computed

All other information which is given is not relevant. Hence, ignored it

Assume a​ Cobb-Douglas production function of the​ form: q equals 10 Upper L Superscript 0.97 Baseline Upper K Superscript 0.18. What type of returns to scaleLOADING... does this production function​ exhibit? In this​ instance, returns to scale equal nothing. ​ (Enter a numeric response using a real number rounded to two decimal​ places.) This production function exhibits A. decreasing returns to scale. B. constant returns to scale. C. initially increasing but then constant returns to scale. D. initially constant but then increasing returns to scale. E. increasing returns to scale.

Answers

Answer:

Returns to scale = 1.15

Increasing returns to scale.

Explanation:

Cobb-Douglas production function of the​ form:

q=10(L)^(0.97)(K)^(0.18)

Here, we are using a simple rule of factors to find the returns to scale:

q=10(tL)^(0.97)(tK)^(0.18)

q=10(t)^(0.97+0.18) (L)^(0.97)(K)^(0.18)

q=10(t)^(1.15) (L)^(0.97)(K)^(0.18)

Hence,

By adding up the powers of L and K, we can get the returns to scale.

Returns to scale = 1.15

Suppose, the power of L be 'a' and the power of K is 'b',

if a + b = 1, then it exhibits constant returns to scale

if a + b > 1, then it exhibits increasing returns to scale

if a + b < 1, then it exhibits decreasing returns to scale.

In our case,

a + b = 1.15 which is greater than 1, so this production function exhibits increasing returns to scale.

Ryder Supplies has its stock currently selling at $63.25. The company is expected to grow at a constant rate of 7 percent. If the appropriate discount rate is 17 percent, what is the expected dividend, a year from now?a) 4.43 b) 3.25 c) 10.75 d) 6.33

Answers

Answer:

d) 6.33

Explanation:

The computation of the expected dividend a year from now is shown below:

As we know that

Price of the stock =  Expected dividend ÷ (Required rate of return - growth rate)

Expected dividend = Price of the stock ×  (Required rate of return - growth rate)

= $63.25 × (0.17 – 0.07)

= $6.325

hence, the correct option is d. $6.33

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Other Questions