![emilydis2594](/avatars/22632.jpg)
emilydis2594
12.08.2020 •
Business
Soft and Silky, Inc. manufactures bedding sets. The budgeted production is for 53,000 comforters during the upcoming year. Each comforter requires 6 yards of material. The estimated January 1, 20Y7, beginning inventory is 31,000 yards. The desired ending balance is 30,000 yards of material. If the material costs $1.50 per yard, determine the materials budget for the year.
Solved
Show answers
More tips
- F Food and Cooking Do Aphrodisiacs Really Work? Separating Fact from Fiction...
- C Computers and Internet Log-in: what is it and why do you need it?...
- S Style and Beauty Secrets of Tying a Pareo: 5 Ways...
- F Food and Cooking Everything You Need to Know About Pasta...
- C Computers and Internet How to Choose a Monitor?...
- H Horoscopes, Magic, Divination Where Did Tarot Cards Come From?...
- S Style and Beauty How to Make Your Lips Fuller? Ideas and Tips for Beautiful Lips...
- C Computers and Internet How to Learn to Type Fast?...
Answers on questions: Business
- M Mathematics The table below shows the number of times four students run during the week versus how long it takes, in minutes, for each student to run a mile...
- M Mathematics Solve the system of equations by graphing: 2x + 3y = 2 6x + 18y = 9 a. (1/2, 1/3) b. (2, 3) c. (3, 2) (4, 3) (3, 4)...
- M Mathematics One step inequalities. d over -3 _-6...
- H History 12. Southerners believed that the results of the election of 1860 demonstrated the political domination of the north. Does the election data support or refute that claim. Explain...
Ответ:
The materials budget for the year = $475,500
Explanation:
let us first lay out the particulars
beginning inventory = 31,000 yards
ending balance = 30,000 yards
amount sold from beginning inventory = 31,000 - 30,000 = 1,000 yards
budgeted production = 53,000 comforters
requirement for each comforter = 6 yards
total budgeted yards to be required = (requirement for each comforter) × (number of comforters)
= 6 × 53,000 = 318,000 yards
Note that required number of yards to be required during the year = 318,000 yards, but we have 1,000 yards available from the beginning inventory, as shown above, therefore, the number of yards to be produced is calculated as follows:
number of yards to be produced = (required number of yards) - ( number of yards from beginning inventory)
= 318,000 - 1000 = 317,000 yards.
Next, we are told that material cost per yard = $1.50
1 yard = $1.50
∴ 317,000 yards = 1.50 × 317,000 = $475,500
Therefore the materials budget for the year = $475,500
Ответ:
y = $3 + $1x
or
y= 3 + 1x
Step-by-step explanation:
the event cost will be $3 no matter what. For each attendee it cost s $1 more. So you need 1x or $1 for every person.