Cherboneau Novelties produces drink coasters (among many other products). During the current year (year O), the company sold 536,000 units (packages of 6 coasters). In the coming year (year 1), the company expects to sell 572,000 units, and, in year 2, it expects to sell 816,000 units. The target ending finished goods inventory for each month is equal to the next month's sales. However, because of production issues, the ending inventory in the current year is expected to be only 20,000 units.. Each unit requires 0.5 pound of cork. At the end of the current year, management expects to have 22,750 pounds of cork in inventory. Management has set a target to have cork on hand equal to one half of next month's sales requirements. Sales and production take place evenly throughout the year. Required: a. Compute the total targeted production of the finished coaster for the coming year. b. Compute the required amount of cork to be purchased for the coming year.

Answers

Answer 1

(a) The total targeted production of finished coasters for the coming year is 1,388,000 units. (b) The required amount of cork to be purchased for the coming year is 671,250 pounds.

(a) To compute the total targeted production of finished coasters for the coming year, we need to consider the sales projections for each year and the target ending inventory for each month. In year O, the company sold 536,000 units. In year 1, the projected sales are 572,000 units, and in year 2, the projected sales are 816,000 units. The target ending inventory for each month is equal to the next month's sales.

Hence, the total targeted production for the coming year can be calculated as follows:

Year 1 production: Year 1 sales + Year 2 target ending inventory

= 572,000 + 816,000

= 1,388,000 units

(b) To compute the required amount of cork to be purchased for the coming year, we need to consider the cork requirements per unit and the target cork inventory. Each unit requires 0.5 pounds of cork, and the target cork inventory is set at one-half of next month's sales requirements.

Hence, the required amount of cork to be purchased for the coming year can be calculated as follows:

Year 1 cork requirements: Year 1 production * Cork requirement per unit

= 1,388,000 * 0.5

= 694,000 pounds

Since the ending cork inventory in year O is 22,750 pounds, the additional cork to be purchased for the coming year is:

Required cork to be purchased = Year 1 cork requirements - Ending cork inventory

= 694,000 - 22,750

= 671,250 pounds

Therefore, the required amount of cork to be purchased for the coming year is 671,250 pounds. Hence, the calculations show that the total targeted production of finished coasters for the coming year is 1,388,000 units, and the required amount of cork to be purchased is 671,250 pounds.

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Related Questions

Find the total deposit if you have: Checks for $152.54 and $147.46, cash of 54 one dollar bills, 12 five dollar bills, 6 ten dollar bills, 35 quarters, 18 dimes, 40 nickels and 75 pennies; less $50 as cash received

Answers

Answer:

$437.30

Explanation:

Checks                                       $  152.54  

                                                 $ 147.46  

 54 one dollar bills   54 x 1       $ 54.00  

 12 five dollar bills  12 x5              $  60.00  

 6 ten dollar bills  6 x 10               $ 60.00  

 35 quarters  35 x 25 cents      $  8.75  

 18 dimes  18 x 10 cents                $ 1.80  

 40 nickels  40 x 5 cents               $ 4.00  

 75 pennies  75 x 1 cents              $ 0.75  

  Total amount                                  487.30  

 

less $50 dollars change   =    437.30                                                  

 

What can a boosted post help an advertiser achieve?

Answers

A boosted post helps an adviser to connect with the audience and gain trust.

Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.

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Which of the following does NOT explain why many people are not living on a budget?

People do not balance their checkbook on a monthly basis.

People find spending money a hobby and form of entertainment.

Or government is not modeling good budgeting skills.

People are unable to earn enough money to meet their financial obligations.

Answers

Answer:

People do not balance their checkbook on a monthly basis.

Explanation:

I just took the test

Conclude an entry barriers essay

Answers

Entry barriers refer to the obstacles that prevent new companies from entering a particular market or industry. The goal of implementing entry barriers is to create a competitive advantage for existing companies, which makes it difficult for new players to enter and compete in the market.

There are many different types of entry barriers, including economies of scale, access to distribution channels, regulatory hurdles, intellectual property rights, and brand recognition. It's important to note that entry barriers can have both positive and negative effects on competition and consumer welfare.

In conclusion, entry barriers can be an effective way for companies to maintain their competitive edge and protect their market share. However, policymakers and regulators must also consider the potential negative consequences of entry barriers, such as reduced innovation and higher prices for consumers. Ultimately, finding the right balance between promoting competition and protecting existing companies is key to maintaining a healthy and dynamic economy.

GDP is defined as:

A. Gross Domestic Product
B. Sum of consumer purchases over a period of time
C. Business Investment
D. Government investment
E. all of the above

Answers

Answer:

Gross Domestic Product.

Answer:

Gross domestic product

Prepaid expenses require what type of adjusting entry? Question options: Matched Accumulated Accrued Deferral

Answers

Answer:

deferral

Explanation:

Adjusting entries are when changes are made to already recorded journal entries.

Categories of adjusting entries :

accrued revenuesaccrued expensesunearned revenuesprepaid expensesdepreciation.

Prepaid expenses are payments made for services yet to be delivered.

For example, paying for a year's worth of subscription on your streaming service

Prepaid expenses is an example of deferred payment, so the adjustment should be a deferral

Which of the following items is an example of an overhead expense?: (A)Rent on a factory. (B)Electricity, most of which is used to power a plant's machinery. (C)Raw materials used in manufacturing. (D)Shipping costs on goods sold. (Hint: Remember that overhead expenses are fixed costs, which must be paid regardless of the amount of business done.)

Answers

A, the rent. If confused between A and B, remember that electricity is a cost that can fluctuate over the amount of business, as well as C and D.

Why do we need to carefully plan the operations of the business?​

Answers

Answer:

hi nhi pata bhai soery. long

the opportunity cost borne by society when an additional unit of a good is produced is

Answers

Answer:

The opportunity cost borne by society when an additional unit of a good is produced refers to the value of the best alternative forgone.

This means that as more units of a good are produced, society must give up more and more of its resources, which could have been used to produce other goods and services.

The opportunity cost increases because resources are not perfectly adaptable to alternative uses, so producing more of one good requires giving up increasingly larger amounts of other goods.

Therefore, the opportunity cost of producing an additional unit of a good is the value of the next best alternative forgone, or the value of what society could have produced with those resources if they were used in the most efficient way.

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Stormie Zanzibar owns a bakery in the fictitious country of Olombia. Each month the government’s market ministry mails her a large list of the regulated price of goods which include products like bread, muffins and flat bread. The list also dictates the types of goods she can sell at the bakery and what she is to charge. Because of the regulations placed on these goods, Stormie has increased her production of sweets, pies, cakes, croissants and buns and decreased her supply of breads, muffins and flat bread. She has taken these steps because the sweet goods’ prices are not government controlled. Stormie Zanzibar lives under what type of economy?

Answers

Answer:

The correct answer is: a centralized planned economy.

Explanation:

To begin with, a planned economy is a type of economic system where the investment, the production and more take place under a production plan develop by the organization in charge, in this case, the government. Moreover, a centralized form of planned economy characterizes by the qualities of not letting the people and the market decide freely by instead is the government who takes all the decisions that will impact in the economy.

The fact that Stormie receive a list with all the information about the prices and restrictions in the economy indicates that she lives under a centralized planned economy system.

Which two age groups have seen the sharpest increase as a percentage of taxpayers from 2008 to 2018?

Answers

Answer:

over age 55 paid about 45 percent

The  two age groups that have seen the sharpest increase as a percentage of taxpayers from 2008 to 2018 are 45 and 55, 55 and 65.

Who has the sharpest increase as a percentage of taxpayers?

This is known to be those who have the biggest  increase in terms of the percentage of taxpayers.

The biggest or largest share of the income tax burden is said to be 29 percent and it is one that is often is borne by an approximate of between the age of 45 and 55, and the other next largest share is 23 percent – that are carried by people between the ages of 55 and 65.

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If tennis rackets and tennis balls are complements, an increase in the price of tennis rackets will cause the equilibrium price of tennis balls to ______ and the equilibrium quantity of tennis balls to _____.

Answers

Since the tennis rackets and tennis balls are complements,then equilibrium price of tennis balls would decrease and the equilibrium quantity of tennis balls decrease if there is increase in the price of tennis rackets.

What is Equilibrium price?

Equilibrium price  can be regarded as the point where there is intersection of  cost of a product as well as the demand for that product.

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Answer: decrease

Explanation:

Emily just got a car. She needed insurance, so she has purchased the insurance and pays the premium. Who is Emily in this scenario? A. the person with power of attorney B. the insurer C. the policyholder D. the rider

Answers

Answer:

Policy holder

Explanation:

There is no power of attorney needed nor mentioned in the problem. The insurer is the one who sells the policy. The rider doesn’t have to have insurance so that is irrelevant.

Answer:

Policy Holder

Question 1 of 10
An investment that you bought for
profit
and sold for
made a

500;600
500;400
600;400
600;500

Answers

Answer:

500;600

an investment

state any 5 tpyes of legal requirements that will be required to a business​

Answers

Advertising, marketing, finance, intellectual property, and privacy laws.

list one career cluster and three career pathways related to this cluster

Answers

Answer:

Business Management & Administration: General Management pathway: general manager: Walmart.

Business Management & Administration: Business Information Management pathway: IT manager: Walmart.

Business Management & Administration: Human Resources Management pathway: HR director: Meijers.

Business Management & Administration: Operation Management pathway: Operations manager: Meijers.

Business Management & Administration: Administrative Support pathway: Administrative assistant: Kroger.

Finance: Securities & Investments pathway: Bank teller: Huntington.

Finance: Business Finance pathway: accountant: Kroger.

Finance: Accounting pathway: auditor: H&R Block.

Finance: Insurance pathay: insurance claim agent: Amica.

Finance: Banking Services pathways: bank teller: Huntington.

Marketing: Marketing Management pathway: forecast manager: Adidas.

Marketing: Professional Sales pathway: salesperson: Adidas.

Marketing: Merchandising pathway: Sales Promotion manager: Walmart.

Marketing: Marketing Communications pathway: Advertising manager: Adidas.

Marketing: Marketing Research pathway: product planner: Nikes.

Explanation:

Business management and administration can be one of the career clusters.

What is a career?

You maintain the same line of employment when you have a career. A profession can consist of one or several jobs. You may work for a single corporation or several. A career education, experience, and professional experience. A career is often referred to as a "career path."

One of the career clusters is a business management and administration.

Three paths to careers in this cluster

Management of corporate information will help them to become managers and know how to handle people.Management, in general, will help in smooth working. Human resource administration will make sure that the relationship between the employee and the employer is working smoothly.

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samantha died on january 18, 2021. samantha's spouse, dave, lived alone until remarrying in 2022. what was dave's filing status in 2021 and 2022?

Answers

The married filing jointly in 2021; and single in 2022. In the year of his wife's passing, Dave and his Samantha can file jointly. But in 2022, he cannot file as a surviving spouse because he is a single taxpayer and does not maintain a house for a dependent child.

Write a short note on single filers.

Individuals who declare themselves as single filers on their federal income tax returns with the Internal Revenue Service (IRS) are taxpayers. Unmarried taxpayers who are ineligible for any other filing status utilize this one. Your taxable income is decreased by a set dollar amount known as the standard deduction.

Unmarried individuals who are ineligible to file as the head of household must use the basic filing status of single. You must file your tax return as a single if you were not married on the last day of the tax year and you are not eligible to use any other filing status.

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What academic information do you have about sub-overseer?​

Answers

Explanation:

Pre-Diploma in Civil Engineering (Civil Sub-Overseer) program is designed to prepare competent general civil sub-overseers equipped with knowledge, skills and attitude especially, in the area construction Engineering & Technology of building construction, water supply, irrigation and road and trail bridges sectors.

They can provide services in the growing infrastructure development industries (civil construction companies and consulting firms) government institutions (centre and local level), local as well as international non-governmental organizations or can start their own business in the country as well as abroad.

What does the CARES Act allow regarding charitable contributions?
Responses
- It allows the government to tax your charitable contributions.
- It allows you to deduct $300 in charitable contributions.
- It allows you to create a 501(c)(3) organization.
- It allows you to deduct the price of merchandise you buy from charities.

Answers

CARES ACT

The CARES Act allows you to deduct $300 in charitable contributions.

CARES act stands for Coronavirus Aid, Relief, and Economic Security act. This is a law Donald Trump, the previous president of the United States signed. It was made available in reaction to COVID 19's negative economic impacts.

A individual taxpayer may deduct up to $300 for charitable contributions under the CARES Act without itemizing their losses. The deduction rises to $600 if married people file their taxes jointly.

HELP! If the price of an Economics e-text was equal to $45.00 and the quantity sold was equal to 125, then the total revenue would equal $3,625. True or False?

Answers

Answer:

T

Explanation:

What skills are needed to become a product designer?

Answers

Answer:

To become a product designer you need a very atistic skill which have the smartness and the smell of a real artist

Explanation:

You need good drawings skills and you need good imagination so one day you could be the best product designer in the world

After a presentation is created, there is nothing left to do.
True
False

Answers

Answer:

false

Explanation:

Select the correct answer.

Helen is the head of the accounts department in a small business. She is calculating the various expenses that the business has incurred in the past quarter. On which asset would she need to calculate the expense of depreciation?

A. Cash

B. Inventory

C. Machinery

D. Accounts receivable

Answers

As a head of the accounts department in a small business. In machinery asset helen need to calculate the expense of depreciation. so option c is  correct.

What exactly does accounting depreciation mean?

Depreciation is a type of non-cash business expense that is computed throughout the time that an asset is valuable to your company. Using up a portion of an asset's worth at a cost that may be deducted from taxable income allows every organization to benefit from depreciation.

Depreciation is an accounting phrase that covers two distinct but related ideas: firstly, the real decline in an asset's fair value, such as the annual decline in the value of factory equipment.

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Chloe enjoys her math classes, and she would like to find a career that will allow her to continue to use her math skills. Which career would be a good fit for her? A. accountant B. purchasing agent C. commercial carpenter D. human resources manager

Answers

Accountant would be a good fit for her

Answer:

Just give

PhysicsGirl brainiest

why would the federal reserve enact an easy money policy

Answers

Answer:

Easy money is a representation of how the Fed can stimulate the economy using monetary policy. The Fed looks to create easy money when it wants to lower unemployment and boost economic growth, but a major side effect of doing so is inflation.

Explanation:

Why do lenders require collateral for a secured loan? (10 points)
A) It reduces risk to the lender
B)It eliminates interest charges
C) It reduces the cost of the financed good
D) It protects consumers from loss

Answers

Answer:

A) It reduces risk to the lender

Explanation:

Collateral refers to a valuable asset that a borrower offers to the lender to secure a loan. Typically, the collateral will have a higher market value than the loan amount. Asset mostly used as collateral include homes, properties, and motor vehicles. The lender will keep custody of the title documents until the borrower repays full amount borrowed.

Offering collateral for a loan indicates the borrower's willingness to repay the loan. The lender is assured of recovering their money. If the borrower defaults, the lender will dispose of the collateral to recover their money. This reduces the lender's risk.

Answer:

A) it reduces risk to the lender

Explanation:

I just took the quiz and got it right.

how many total credits would a student have to complete if they wanted to earn the distinguished level of achievement?

Answers

student may earn the Distinguished Level of Achievement designation if he or she has completed 26 credits, to include the Foundation HSP requirements plus Algebra II, credits for at least one endorsement, and a fourth advanced science credit.

If a sales promotion increases an organization's profits, it means it has fixed any problems with the marketing plan.

Answers

The correct answer to this open question is the following.

Although there are no options attached or further context, we can say the following.

If a sales promotion increases an organization's profits, it means it has fixed any problems with the marketing plan.

Not really, it only means that the sales promotion was effective up to the degree of the goals established in the plan. But this doesn't mean that it has solved all the problems with a marketing plan

The marketing plan is a more large and complete document that includes many different strategies, tactics, and action programs. The sales promotion is only one aspect or program of the marketing mix included in the plan.

Definition of literature ​

Answers

Answer:

writings in which expression and form, in connection with ideas of permanent and universal interest, are characteristic or essential features, as poetry, novels, history, biography, and essays

Explanation:

Answer:

the art of written works, and is not bound to published sources (although, under circumstances they can be exempt).

Explanation:

what makes recession and recover different?

Answers

The thing that makes recession and recover different  is that Economic recovery serves as the business cycle stage  which do follow recession .

What is recession and recovery?

Recession and recovery can be described as the economuic terms that is been used by the ecconomist whereby the recession can be seen as the period of economic meltdown where there is usually a high inflation of goods as well as services.

It  should  be noted that the recovery period do follow the reccession which can be described as the sustained period of improving business activity that can happen in a country.

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Use only toolkit functions for this problem. The graph of \( g(x)=\sqrt{-x+3}-4 \) can be obtained from the graph of \( y= \) by first reflecting the graph through the then shifting the graph unit(s) A large automobile company says the cars the company makes are the safest in the world. You have driven one of these vehicles for a week and have not had any accidents or problems. Therefore, you believe the company's claim about safety. This error in critical thinking is related to which of the following steps?- Avoid using emotions or personal experiences when evaluating the claim- Evaluate the quality of the evidence for the claim- Failing to do follow-up research- Consider any alternative explanations for the results Guess their Asian Nationality??They are not Koreans!!! dealing with inequalities. -3x+3 EcoFabrics has budgeted overhead costs of $945,000. It has allocated overhead on a plantwide basis to its two products (wool and cotton) using direct labor hours which are estimated to be 450,000 for the current year. The company has decided to experiment with activity-based costing and has created two activity cost pools and related activity cost drivers. These two cost pools are cutting (cost driver is machine hours) and design (cost driver is number of setups). Overhead allocated to the cutting cost pool is $360,000 and $585,000 is allocated to the design cost pool. Additional information related to these pools is as follows.WoolCottonTotalMachine hours100,000100,000200,000Number of setups1,0005001,500Calculate the overhead rate using activity based costing. (Round answers to 2 decimal places, e.g. 12.25.)Overhead rates for activity-based costingCutting$per machine hourDesign$per setupLINK TO TEXTLINK TO TEXTDetermine the amount of overhead allocated to the wool product line and the cotton product line using activity-based costing.Wool product lineCotton product lineOverhead Allocated$$LINK TO TEXTLINK TO TEXTCalculate the overhead rate using traditional approach. (Round answer to 2 decimal places, e.g. 12.25.)Overhead rates using the traditional approach$per direct labor hourLINK TO TEXTLINK TO TEXTWhat amount of overhead would be allocated to the wool and cotton product lines using the traditional approach, assuming direct labor hours were incurred evenly between the wool and cotton?Wool product lineCotton product lineOverhead Allocated$$ the nurse is teaching a nursing student about caring for a client who is undergoing blood studies for antidiuretic hormone stimulation. which statements made by the nursing student indicate effective instruction? select all that apply. one, some, or all responses may be correct. Which side of the health triangle corresponds to having loving relationships with other and giving and accepting health?physical healthmental and emotional healthsocial healthnone of the above the troposphere is the least stable layer of the earths atmosphere.TrueFalse The fastest known "cruiser" is the a bonito b yellowfish tuna c grouper d flounder Now you are ready to figure out the order of the genes for beak color, tail-feather length, and feather color on the chromosome and build a genetic map.List the distances between each pair of genes:beak color and tail-feather length:beak color and feather color:tail-feather length and feather color What does the character conflict the abitily to interact with others and manage ones own emotions is part of__________ development what is 358 divided by 6 Which shows the weight of an atom?atomic massatomic numberchemical symbolnone of the above According to the chart below, what were the TWO most common reasons forchanges of leadership during the third century of Rome? Carole is having surgery to remove a benign tumor and some tissue that has built up on her ovaries. What would she most likely be diagnosed with? C. Calculate Show how to convert thespecific heat of liquid water from J/\gC) tocal/1gC). uppose that the series an(z zo)" has radius of convergence Ro and that f(z) = {an(z zo)" whenever Iz zol < Ro. Prove that Ro = inf{\2 zo] : f(z) non-analytic or undefined at 2} (Ro is essentially the distance from zo to the nearest point at which f(z) is non-analytic Chemistry HWName:Gas Laws Practice Problems #11. A gas has a volume of 147 ml when its temperature is 42C. What will thetemperature be when the gas has a volume of 100 mL? Epidemiology in Medicine First Edition, what is it about?