Whistle Works manufacturers safety whistle keychains. They have the following information available to prepare their master budget: Whistle Works sells each whistle for $12. It takes 3 ounces of metal to produce each whistle at a cost of $0. 50 per ounce. They prefer to have 10% of materials required for the following month's production in ending inventory as well. What is the total cost of direct materials for November to meet production needs
Answers
In the master budget that Whistle Works manufacturers prepares, the total cost of direct materials for November to meet production needs is $16,500.
To calculate the total cost of direct materials for November, we need to consider the amount of materials required for production and the desired ending inventory level.
Whistle Works uses 3 ounces of metal to produce each whistle, and with a sales price of $12 per whistle, we can assume a contribution margin of $11.50 per unit.
Assuming Whistle Works plans to produce 10,000 units in November, they will need a total of 30,000 ounces of metal (3 ounces per unit x 10,000 units). The cost of metal per ounce is $0.50, so the total cost of direct materials for November is $15,000 (30,000 ounces x $0.50 per ounce).
However, Whistle Works also prefers to have 10% of the materials required for the following month's production in ending inventory. If they plan to produce 10,000 units in December as well, they will need an additional 30,000 ounces of metal.
Therefore, they will need to have 3,000 ounces of metal (10% of 30,000 ounces) in ending inventory for November. This adds an additional cost of $1,500 to the total cost of direct materials, bringing the total to $16,500 for November.
In summary, the total cost of direct materials for November to meet production needs is $16,500. This includes the cost of metal required for production as well as the cost of materials required for the desired ending inventory level.
To know more about master budget refer here :
https://brainly.com/question/15900166#
#SPJ11
Related Questions
Why does the quantity of salt demanded tend tobe un responsive to changes in its price
Answers
The quantity of salt demanded tend tobe un responsive to changes in its price because salt is an inelastic good, the quantity demanded is unresponsive to price changes. This means that regardless of the price change, people will still buy it.
Salt is a product with a limited number of substitutes, and people may not spend a lot of money on it, so price increases do not bother them. Furthermore, it is a necessity with no close substitutes.
Thus, the demand for salt is inelastic i.e. any change in its price will not affect demand.
To know more about salt here-
https://brainly.com/question/5306491
#SPJ4
Onsider a static game with the following payoff matrix:lrt10, 615, 4b5,030, 5. Find all nash equilibria in pure strategies for this game.
Answers
The Nash equilibrium in pure strategies for this game is when Player 1 chooses strategy L and Player 2 chooses strategy R, resulting in the outcome (10, 6).
To find the Nash equilibrium in pure strategies, we need to identify the strategies that are best responses for each player given the strategies chosen by the other player.
In this case, when Player 1 chooses strategy L, Player 2's best response is to choose strategy R since the payoff of 6 is higher than the payoff of 4. Similarly, when Player 2 chooses strategy R, Player 1's best response is to choose strategy L since the payoff of 10 is higher than the payoff of 5. Therefore, the Nash equilibrium is (L, R) with payoffs of (10, 6).
In order to find the Nash equilibrium in pure strategies, we need to identify the combination of strategies where no player can unilaterally deviate and improve their own payoff. In the given payoff matrix, we can examine each cell and compare the payoffs for each player.
If Player 1 chooses strategy L, Player 2's best response is to choose strategy R because 6 is greater than 4. Similarly, if Player 2 chooses strategy R, Player 1's best response is to choose strategy L because 10 is greater than 5. These are the best responses for each player given the strategies chosen by the other player.
Therefore, the Nash equilibrium occurs when both players choose their best responses simultaneously. In this case, the Nash equilibrium is (L, R) with payoffs of (10, 6). This means that if both players choose these strategies, neither player has the incentive to deviate from their strategy unilaterally since they are already maximizing their payoffs.
To summarize, the Nash equilibrium in pure strategies for this game is when Player 1 chooses strategy L and Player 2 chooses strategy R, resulting in the outcome (10, 6). This is the stable outcome where neither player can improve their payoff by changing their strategy alone.
To know more about equilibrium, visit:
https://brainly.com/question/29618306
#SPJ11
Use the following information to answer questions 10 and 11 below. Market for flat-screen TVs: Demand: Qd= 2,600 – 5P Supply: Qs= –1,000 + 10P 10. If a price ceiling is set at $200, this will create a a. shortage of 600 b. shortage of 1,400 c. surplus of 800 d. surplus of 1,600 11. What would be the quantity traded if a price floor is set at $100? a. 240 b. 1,400 c. 2,100 d. 700
Answers
If a price ceiling is set at $200, this will create a shortage of 600 flat-screen T.Vs. Thus, option A is the correct option.
We must make a supply and demand equation in order to determine the equilibrium price and quantity:
2,600 – 5P = –1,000 + 10P
3,600 = 15P P = $240
Therefore, $240 is the equilibrium price. We can re-insert this price into the supply or demand equation to determine the equilibrium quantity:
Qd = 2,600 – 5($240) = 1,000 Qs = –1,000 + 10($240) = 1,000
1,000 flat-screen TVs are the equilibrium number.
If the price cap is $200, it is less than the equilibrium price. While consumers will want to purchase more flat-screen TVs than the suppliers are prepared to offer, suppliers won't be able to or won't want to make as many of them at this reduced price. Flat-screen TVs are in short supply as a result.
We may deduct the quantity sought at the price ceiling ($200) from the quantity provided at that price to get the size of the shortage:
Qs = –1,000 + 10($200) = $1,000
Qd = 2,600 – 5($200) = $1,600
Shortage = Qd – Qs = $1,600 – $1,000 = $600
So the shortage is 600 flat-screen TVs.
Learn more about demand and supply here:
https://brainly.com/question/1342403
#SPJ1
PLEASE HELP ME I WILL GIVE BRAINLIEST
Answers
Answer:
a supply chain managers. thanks
Design, construction, tests, and use of eye and face protection must be in accordance with
ANSI
Answers
Hope this helps have an excellent day!
What is receptive skills ?
Answers
Answer: They are skills where the person receives information.
Explanation: When it comes to receptive skills, it is where the person learns by receiving information. A common way to develop receptive skills is through reading and listening. A person who reads is someone who is receiving knowledge through the process of identifying the knowledge that he sees, while the person who listens receives it through hearing.
suppose clarks is introducing a new line of men's shoes. the designer believes that the target market for these shoes comprises men who are very status-conscious. in keeping with this assessment, department stores selling the shoes should
Answers
create an upscale and exclusive shopping environment. To effectively target men who are status-conscious, department stores selling the new line of men's shoes should create an upscale and exclusive shopping environment.
This approach aligns with the preferences and expectations of the target market. An upscale and exclusive shopping environment helps create a perception of prestige and exclusivity, which resonates with status-conscious consumers. Department stores can achieve this by implementing strategies such as elegant store designs, high-quality displays, and luxurious furnishings. They can also offer personalized services, such as personal shoppers or VIP programs, to enhance the customer experience and make customers feel valued. Additionally, department stores can curate a selection of high-end brands and designer collections that cater to the status-conscious men. This includes showcasing premium products and emphasizing the exclusivity and uniqueness of the new line of men's shoes. Limited editions, special releases, or collaborations with renowned designers can further enhance the perceived status associated with the shoes. By creating an upscale and exclusive shopping environment, department stores can effectively target and attract men who are status-conscious, increasing the appeal and desirability of the new line of men's shoes.
To learn more about exclusive shopping environment, Click here:
https://brainly.com/question/29308644
#SPJ11
Please help I will mark you as brainliest!!
The marketing manager at a company producing laundry products sees great
long-term profits from selling to many consumers worldwide who care about
low prices. Which of the following tactics would best support this manager's
low-price strategy?
A. Develop products with more features than the competition offers
B. Design simple, inexpensive packaging
C. Offer a customer help line for advice in using the products
D. Work with retailers that specialize in speedy checkout and fast
delivery
Answers
The tactics that would best support this manager's low-price strategy is Designing simple, inexpensive packaging. Thus option B is correct.
What is the manager?A manager refers to a person who is responsible head of any project and helps in arranging the resources, checking the progress, and timely completion of it in order to achieve the vision and goal of the organization.
In order to cater to a large number of potential consumers the low pricing strategy is used where the manager focuses on simple and inexpensive designs which help in the affordability of consumers.
Therefore, option B is appropriate.
Learn more about managers, here:
brainly.com/question/29023210
#SPJ1
Commercially reasonable means Multiple Choice observing industry standards and practices that are generally accepted throughout various industries as proper business practices. charging a fair price for goods and not taking advantage of others in the industry. getting the highest price possible for goods without violating the law. observing industry standards and practices that may be unique to the particular industry.
Answers
Answer:
observing industry standards and practices that may be unique to the particular industry.
Explanation:
Commercially reasonable activities are based on a standard of reasonableness. It gauges what a reasonable person or entity will do in a given situation.
For example a standard for operation is defined in an industry and used as a basis the determine if business practices of a company are reasonable or not.
It involves good faiths effort on the part of the actors to meet as much as possible a similar objective or activity under similar circumstances.
In this instance commercially reasonable is defined as observing industry standards and practices that may be unique to the particular industry.
a review of the accounting records of zachary manufacturing indicated that the company incurred the following payroll costs during the month of march. assume the company's financial statements are prepared in accordance with gaap. salary of the company president—$31,200. salary of the vice president of manufacturing—$15,700. salary of the chief financial officer—$18,900. salary of the vice president of marketing—$16,200.
Answers
Assuming the company's financial statements are prepared in accordance with Generally Accepted Accounting Principles (GAAP), these payroll costs would typically be recognized as expenses in the company's income statement.
Commonly, these expenses would be categorized under "Salaries and Wages Expenses" or "Compensation Expenses." However, the exact classification and presentation may vary depending on the company's specific accounting policies and practices.
It's vital to note that extra payroll-related costs, such as finance charges, worker benefits, and any other related costs, may too be got to be considered when calculating the entire taken toll of finance for the month of Walk.
The data given centers exclusively on the compensations of key administrators and does not incorporate comprehensive points of interest of the company's whole finance costs.
To learn about Generally Accepted Accounting Principles visit:
https://brainly.com/question/4903082
#SPJ4
The manager is responsible for knowing the food sanitation rules. This includes the supervision of food handlers in: Following the restaurant's policies on complaints Routine clean up of the parking lot and restrooms Recognizing problems with employee health Handling customer's money and credit cards
Answers
As the person in charge of the restaurant, the manager is responsible for ensuring that all food handlers are aware of and follow food sanitation rules. This is essential to prevent food contamination and foodborne illness outbreaks, which can be detrimental to the health of customers and the reputation of the establishment.
In addition to supervising food handlers' adherence to food safety regulations, the manager must also ensure that the restaurant's policies on complaints are being followed. This includes addressing customer complaints promptly and effectively to maintain a high level of customer satisfaction.
The manager must also oversee routine clean up of the parking lot and restrooms to maintain a clean and hygienic environment for customers and staff. This includes ensuring that all surfaces and equipment are properly cleaned and sanitized according to industry standards.
It is also important for the manager to recognize any problems with employee health and take necessary steps to prevent the spread of illness in the workplace. This may include implementing sick leave policies and providing education on proper hygiene practices.
Lastly, the manager must ensure that employees handling customer money and credit cards are following proper hygiene practices and taking appropriate measures to prevent cross-contamination between cash, cards, and food. This may involve providing gloves, hand sanitizer, and training on proper handling procedures.
Overall, the manager's responsibility to uphold food sanitation rules and maintain a clean and safe environment in the restaurant is critical to ensure the health and satisfaction of customers and employees.
for more such questions on manager
https://brainly.com/question/24553900
#SPJ11
Question Mode Multiple Choice Question The definition of a business is: Multiple choice question. an organization that provides services to a community a socially responsible organization that is a not for profit any organization that provides goods to a community while operating at a profit an organization that seeks to provide goods and services to others while operating at a profit
Answers
Answer:
An organization that seeks to provide goods and services to others while operating at a profit.
Explanation:
A business is an organization or a commercial entity engaged in activities that will provide services and gain profit(s). In other words, we can say that a business is a commercial organization that works to provide services and goods to others while incurring profit in the process.
Among the given definitions, the best definition of a business is "an organization that seeks to provide goods and services to others while operating at a profit." This means that businesses seek to provide goods and services to others to get profits from such acts.
Thus, the correct answer is the fourth option.
firms that compete in the global marketplace typically face which two types of competitive pressure?
Answers
Answer:
Firms that compete in the global marketplace typically face two types of competitive pressure:
Price competition: This is the pressure to keep prices low to compete with other firms in the global marketplace. Price competition is often intense in industries where products are relatively standardized and easily substitutable, and where there are many competitors offering similar products.Product differentiation competition: This is the pressure to differentiate products from those of competitors to create a unique value proposition for customers. Firms that are successful in differentiating their products can often command higher prices and margins. Product differentiation is particularly important in industries where customers are willing to pay a premium for unique features or attributes that are not available from other competitors.Explanation:
How could government – sponsored grants for the private development of new technologies result in a lower national debt?
Answers
Answer: Making initial development private saves the government from funding all of the research.
Explanation:
A grant refers to an amount of money that is financial assistance thats given by the government or an organization to an individual or firm for a specific purpose. A grant is different from a loan as it isn't meant to be paid back.
Government award grants for the development of technologies, community projects, home insulation etc.
With regards to the question, a government – sponsored grants for the private development of new technologies may result in a lower national debt when the government makes the initial development private thereby saving the government from funding all of the research.
what are the pros and cons of going through economic transition from a centrally planned to a mixed economy
Answers
Answer:
There are benefits and drawbacks to command economy structures. Command economy advantages include low levels of inequality and unemployment, and the common good replacing profit as the primary incentive of production. Command economy disadvantages include lack of competition and lack of efficiency.
Explanation:
Mark me Brainliest
What is the craziest drink you've gotten at starbucks or dunkin? Tell me the size, how many pumps of syrups (if you get any) and how many scoops of inclusions (if you get any). Tell me everything and be very specific!
Answers
Peppermint Frappé ( Seasonal ) with 17 pumps of peppermint !!!
why is workplace diversity so important in today’s business environment?
Answers
Answer:
Explanation:
Workplace diversity is important for several reasons in today's business environment:
Improved Decision Making: A diverse workplace brings together individuals with different perspectives, experiences, and backgrounds, leading to better decision making and problem solving.
Increased Creativity and Innovation: A workplace with a mix of different perspectives can lead to new and innovative ideas, and a more creative approach to problem solving.
Better Representation of Customer Base: A diverse workplace can help to better reflect the demographics of a company's customer base, leading to a better understanding of their needs and preferences.
Enhanced Reputation: Companies that are known for promoting diversity and inclusion are often viewed more favorably by both customers and employees, and may have an advantage in attracting and retaining top talent.
Improved Employee Satisfaction and Retention: A workplace that values diversity and provides equal opportunities for all employees can lead to a more positive and inclusive work environment, resulting in higher levels of employee satisfaction and reduced turnover.
Legal Compliance: Promoting diversity in the workplace is also important from a legal perspective, as there are laws and regulations in place to prevent discrimination in the workplace.
Overall, workplace diversity helps to create a more inclusive and productive work environment, which can lead to increased success for the business.
what actions can congress and the president take to move the economy back to potential gdp?
Answers
Congress and the president can take steps to get the economy back to potential GDP by raising spending or cutting taxes.
How does the government employ fiscal policy to maintain economic stability?Governments may prioritize macroeconomic stabilization in the short term by, for instance, increasing spending or lowering taxes to boost a flagging economy or reducing expenditure or raising taxes to fight rising inflation or lessen external vulnerabilities.
What strategy is employed to balance the economy?Government fiscal policy is the opposite of monetary policy in that it uses taxes and spending to affect the amount of economic activity. It can be applied in an effort to close a recessionary or inflationary gap, just as monetary policy.
To know more about potential GDP visit:-
https://brainly.com/question/15682765
#SPJ4
What is marketing with and without ethics? Why do many people see ethics and marketing as in tension? How should ethics play a role in shaping marketing strategy? Why?
How should stakeholder theory influence core elements of finance? Provide an example.
Answers
1. Marketing with ethics involves ethical promotional practices while marketing without ethics disregards moral principles.2. Ethics and marketing are often perceived as in tension due to practices that may be seen as manipulative or unethical.3. Ethics should shape marketing strategy to align with societal values, foster trust, and prioritize consumer rights. 4. Stakeholder theory influences finance by considering the interests of all stakeholders, beyond just shareholders.
1. Marketing with ethics involves conducting promotional activities while adhering to moral principles and societal norms. Marketing without ethics disregards ethical considerations and may engage in deceptive or manipulative practices.
2. Ethics and marketing are often seen as in tension because some marketing practices, such as aggressive advertising or targeting vulnerable consumers, can be perceived as unethical or manipulative, contradicting principles of honesty and fairness.
3. Ethics should play a crucial role in shaping marketing strategy to ensure that it aligns with societal values, respects consumer rights, and promotes transparency and trust. Ethical marketing builds long-term relationships with customers and enhances brand reputation.
4. Stakeholder theory suggests that finance should consider the interests of all stakeholders, not just shareholders. For example, a company adopting stakeholder theory may prioritize fair wages for employees, environmental sustainability, and community development in its financial decisions, rather than solely focusing on maximizing shareholder wealth.
learn more about marketing strategy here:
https://brainly.com/question/31854392
#SPJ11
Which is the preferred method of payment for making a hotel room reservation?
Answers
What negative consequences might a company face if it fails to keep accurate financial records?
Answers
Answer:
they can be audited
Explanation:
the government will step and and demand a record of all their revenue that they have not sent in and if their records doesn't match the records of the government they can be forced to shut down.
Why very few subsistence economies exist today
Answers
Answer:
As previously mentioned,
subsistence markets are
extremely vulnerable to
external influences.
Because of this
vulnerability, these economies are
becoming more scarce around the
world. In the past, for example, large
populations of indigenous peoples lived
throughout North America.
Wolf computer exchanged a machine with a book value of $40,000 and a fair value of $45,000 for a patent. in addition, wolf paid $6,000 as part of the exchange. wolf should recognize?
Answers
Wolf should recognize A gain of $5,000.
The machine must be written up from book value ($40,000) to fair value ($45,000), recognizing a gain of $5,000($45,000-$40,000).
The patent is then recorded at a value of $51,000 ($45,000 + $6,000)
Wolf's profit equals fair market value minus book value, or $45,000 minus $40,000, equals $5,000.
The book value of the asset must be compared to its fair market value in order for a corporation to calculate the gain or loss of an exchange transaction. The business will record a profit if the FMV exceeds the book value. The business will experience a loss if the FMV is less than the book value.
Learn more about Market value, here
https://brainly.com/question/15148120
#SPJ4
how long does it take for tax refund to show in bank account after approved
Answers
Answer:
Assuming no issues, IRS issues tax refunds in less than 21 calendar days after IRS receives the tax return. IRS has an on-line tool, "Where's My Tax Refund", at www.irs.gov that will provide the status of a tax refund using the taxpayer's SSN, filing status, and refund amount.
Explanation:
the management of halima, a furniture manufacturing company, comes across a case of employee theft in their inventory. in this case, the company should seek the help of a(n) to look into the matter.
Answers
The management of Halima, a furniture manufacturing company, comes across a case of employee theft in their inventory. In this case, the company should seek the help of an investigator to look into the matter.
An investigator is someone who is engaged in investigating and looking into a crime, accident, or any other issue. Their main job is to conduct an investigation of the case, collect proof, and gather evidence to support the claims. In the given scenario, the company should employ an investigator to look into the employee theft case in their inventory.
An investigator is an expert in this field and has all the necessary experience, skills, and knowledge required to investigate the crime. They make use of their technical and analytical skills to investigate the theft case and produce results in the form of evidence. They work closely with the law enforcement agencies and collect all the required evidence to support the claims.
Therefore, in the given scenario, the management of Halima, a furniture manufacturing company, should seek the help of an investigator to look into the case of employee theft in their inventory.
Learn more about inventory: https://brainly.com/question/24868116
#SPJ11
Which of the following are characteristics of a scarce resource?
Choose 1 answer:
Choose 1 answer:
(Choice A)
A
The supply of the resource exceeds the demand of the resource.
(Choice B)
B
There is a fixed quantity of the resource available but no demand for it.
(Choice C)
C
There is a demand for that resource with limited supply.
(Choice D)
D
There is limited supply of a resource with no demand for that resource.
(Choice E)
E
The resource has unlimited supply and limited demand.
Answers
There is a demand for that resource with limited supply are characteristics of a scarce resource. When the demand for a natural resource exceeds the supply, resource scarcity results, which causes the stock of those resources to decrease.
As a result of rising costs that make the demand resource less accessible to those who are least well-off, this might result in unsustainable supply growth and an increase in inequality. When there aren't enough resources to meet everyone's needs, there is scarce resource. Oil is among the most well-known instances of how resource scarcity affects the United States. Local gas prices will surely climb when oil prices around the world do.
To learn more about scarce resource, click here.
https://brainly.com/question/1581220
#SPJ1
What industry cannot rely on estimation
Answers
There is no industry which can not relay on estimation, all industries needs estimation.
The two primary categories of this profession are construction and manufacturing, according to the Bureau of Labor Statistics. It states that more than half of all cost estimators work in the construction industry, where they may further specialize in projects for homes, businesses, industries, or the government.
Cost estimation aids in setting the project budget, planning the required work, and managing new resources. Cost estimates are also of the utmost importance when trying to win over new clients. Before starting actual building, property owners also utilize cost estimates to evaluate the viability of their projects.
Learn more about estimation here
https://brainly.com/question/107747
#SPJ4
Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answers
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
How should disability payments, which are non-taxable, be analyzed in order to fairly calculate the customer’s ability to pay?.
Answers
The person's ability to pay is determined by your T-2 calendar year income is analyzed in order to calculate customer’s ability to pay.
What is disability payments?Disability payment are the payments given by the government of the nation for the people who are not able to work because of the major issue in their body. This payment has some criteria and based on that criteria a person is liable for liability payments benefits.
Thus, The person's ability to pay is determined by your T-2 calendar year
For more details about Disability payment, click here:
https://brainly.com/question/7676827
#SPJ1
the first step in traditional top-down planning is to determine specific marketing objectives.
Answers
The first step in traditional top-down planning is to determine specific marketing objectives. These objectives are the goals that the organization wishes to achieve through their marketing efforts.
It is important to ensure that these objectives are specific, measurable, achievable, relevant, and time-bound. This will enable the organization to evaluate the success of their marketing plan and adjust their strategies accordingly.
The objectives must align with the overall business goals and take into consideration the target audience, competition, and market trends. Once these objectives are determined, the organization can move forward with developing a comprehensive marketing plan to achieve them.
To know more about planning,refer to the link:
https://brainly.com/question/13010835#
#SPJ11