Purchase for production during the year

Assignment Help Accounting Basics
Reference no: EM13141642

Three kilos of raw materials are needed to produce each unit of finished product. If Tripod Exports plans to produce 280,000 units during the 2008-2009 fiscal year, how many kilos of materials will the company need to purchase for its production during the year?

Reference no: EM13141642

Questions Cloud

Investment cost of machine for capital budgeting purposes : A $30,000 recently completed feasibility study indicated that the firm can employ an existing factory owned by the firm, which would have otherwise been sold for $150,000. The firm will borrow $750,000 to finance the acquisition. Total interest ex..
Explain problem feeder - transformer : Problem Feeder - Transformer, A single-phase load is supplied through a 35 kV feeder whose impedance is 115 + j380 Ohms and a 35 kV, 2400 V transformer whose equivalent impedance is 0.26 + j1.21 Ohms referred to its low voltage side.
How many grams of water were in the sample : a 70g piece of ice at 0c is added to a sample of water at 6c, all of the ice melts and the temp of the water decreases to 0c, how many grams of water were in the sample?
Find mean of the sampling distribution of the sample mean : Mean 504 and standard deviation 111. A sample of size 1000 is obtained from this population. What is the mean of the sampling distribution of the sample mean?
Purchase for production during the year : Three kilos of raw materials are needed to produce each unit of finished product. If Tripod Exports plans to produce 280,000 units during the 2008-2009 fiscal year, how many kilos of materials will the company need to purchase for its production d..
What is positioning statement for a nonprofit musicfestival : what is positioning statement for a nonprofit music festival and what positioning strategy
What are the volume and density of the block : A rectangular block has dimensions 2.9 cm  3.5 cm  10.0 cm. The mass of the block is 615.0 g. What are the volume and density of the block?
American red cross : American Red Cross. First Aid and Safety for Babies and Children. Yardley: StayWell, 2009. Print. In this citation, American Red Cross is the
Explain power factor : Power Factor, A single phase electric motor has an output power of 10 kW and an efficiency of 90% at full load. The motor is fed from a 240 V supply via a cable that has a resistance of 10 milli ohms per metre length.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare a target diagram showing the list

Prepare a "target" diagram showing the list of steps your friend should follow.

  Total manufacturing costs incurred

During 2010, Hopkins purchased $760,000 of raw materials, incurred direct labor costs of $100,000, and incurred manufacturing overhead totaling $128,000. How much is total manufacturing costs incurred during 2010 for Hopkins?

  Reconcile the amount of net income to the amount of cash

Zephre Company reported net income for the year of $56,000. Depreciation expense for the year was $12,000. During the year, accounts receivable increased by $4,000, inventory decreased by $6,000, accounts payable increased by $3,000, and accrued e..

  Propose expense allocation system for heat, rent, insurance

Visit a local movie theater and check out both its concession area and its showing areas. The manager of a theater must confront questions such as: How much return do we earn on concessions?

  Calculating ending inventory

Hassan Headgear is a baseball cap shop in Santa Cruz, CA, that began business on April 13, 2008. The company had the following inventory purchase records for the month.

  Question regarding dividend payout ratio

The Wei Corporation expects next year's net income to be $15 million. The firm's debt ratio is currently 40 %. Wei has 12 million of profitable investestment opportunites, and it wishes to maintain its existing debt ratio.

  Compute the following ratios for sepracor

Sepracor, Inc., a drug company, reported the following information. The company prepares its financial statements in accordance with GAAP.

  Computing the percentage of completion

An error was made by ABC Company in computing the percentage of completion of the current year's ending Work-in-Process Inventory. The error resulted in the assignment of a lower percentage of completion to each component of the inventory than act..

  Prepare the journal entries for the restructuring

Provide your manager a comparison of the current reporting for debt,explaining the requirements for each type (bond, mortgage, capital lease, andothers). Then, prepare the journal entries for the restructuring.

  Problem related to charitable contribution deduction

Stock in Acme Corporation acquired 7 months ago and held as an investment, donated to Southwest University 4,000 6,200 How much qualifies for the charitable contribution deduction?

  What is the actual value of moneys contract

Eddy Money signed a three-year contract to host the Tonight Show. Although he will receive $130 million dollars over three years, the terms of the contract are that he is to receive $10 million at the end of each of the next three years plus an ad..

  Average cost as the performance measure

Why would the manager of plant A be unhappy with using the average cost as the performance measure?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd