subject
Business, 25.02.2020 17:59 kactus

The controller of Fortnight Co. has requested a quick estimate of the manufacturing supplies needed for the Cleveland Plant for the month of July, when production is expected to be 600,000 units to meet the ending inventory requirements and sales of 605,000 units. Fortnight Co.'s budget analyst has the following actual data for the last three months.
Month Production in units Manufacturing Supplies
March 515,000 $668,860
April 670,000 854,860
May 610,0005 768,510
Using the high-low method to develop a cost estimating equation, the total estimated cost of needed manufacturing supplies for July would be : (CMA adapted)

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 23:00, montecillolinda
The company financial officer was interested in the average cost of pcs that had been purchased in the past six months. she took a random sample of the price of 10 computers, with the following results. $3,250, $1,127, $2,995, $3,250, $3,445, $3,449, $1,482, $6,120, $3,009, $4,000 what is the iqr?
Answers: 2
image
Business, 22.06.2019 11:20, tatilynnsoto17
Ardmore farm and seed has an inventory dilemma. they have been selling a brand of very popular insect spray for the past year. they have never really analyzed the costs incurred from ordering and holding the inventory and currently fave a large stock of the insecticide in the warehouse. they estimate that it costs $25 to place an order, and it costs $0.25 per gallon to hold the spray. the annual requirements total 80,000 gallons for a 365 day year. a. assuming that 10,000 gallons are ordered each time an order is placed, estimate the annual inventory costs. b. calculate the eoq. c. given the eoq calculated in part b., how many orders should be placed and what is the average inventory balance? d. if it takes seven days to receive an order from suppliers, at what inventory level should ardmore place another order?
Answers: 2
image
Business, 22.06.2019 12:20, lamwil9432
Selected transactions of the carolina company are listed below. classify each transaction as either an operating activity, an investing activity, a financing activity, or a noncash activity. 1. common stock is sold for cash above par value. 2. bonds payable are issued for cash at a discount
Answers: 2
image
Business, 22.06.2019 17:30, chrisd2432
Alinguist had a gross income of 53,350 last year. if 17.9% of his income got witheld for federal income tax, how much of the linguist's pay got witheld for federal income tax last year?
Answers: 2
You know the right answer?
The controller of Fortnight Co. has requested a quick estimate of the manufacturing supplies needed...

Questions in other subjects: