Question

Sales for Ross Pros Sports Equipment are expected to be 4,800 units for the coming month. The company likes to maintain 10 percent of unit sales for each month in ending inventory. Beginning inventory is 300 units. How many units should the firm produce for the coming month? Units to be produced

0 0
Add a comment Improve this question Transcribed image text
✔ Recommended Answer
Answer #1

ENDING INVENTORY = 10% OF SALES = 10% OF 4800 = 480 UNITS

SALES = BEGINNING INVENTORY + PRODUCTION - ENDING INVENTORY

4800 = 300 + PRODUCTION - 480

PRODUCTION = 4800 + 480 - 300 = 4980

ANSWER : UNITS TO BE PRODUCED = 4980 (THUMBS UP PLEASE)

Add a comment
Know the answer?
Add Answer to:
Sales for Ross Pro's Sports Equipment are expected to be 4,800 units for the coming month....
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Similar Homework Help Questions
  • Sales for Ross Pro’s Sports Equipment are expected to be 4,800 units for the coming month....

    Sales for Ross Pro’s Sports Equipment are expected to be 4,800 units for the coming month. The company likes to maintain 10 percent of unit sales for each month in ending inventory. Beginning inventory is 300 units. How many units should the firm produce for the coming month?

  • Sales for Ross Pro’s Sports Equipment are expected to be 51,000 units for the coming month....

    Sales for Ross Pro’s Sports Equipment are expected to be 51,000 units for the coming month. The company likes to maintain 10 percent of unit sales for each month in ending inventory. Beginning inventory is 14,000 units. How many units should the firm produce for the coming month?   

  • 1. Gibson Manufacturing Corporation expects to sell the following number of units of steel cables at...

    1. Gibson Manufacturing Corporation expects to sell the following number of units of steel cables at the prices indicated, under three different scenarios in the economy. The probability of each outcome is indicated. Outcome Probability Units Price A 0.70    280     $31   B 0.20    480     46 C 0.10    730     56 What is the expected value of the total sales projection? Total expected value           $    2. Sales for Ross Pro’s Sports Equipment are expected to be 41,000 units for October....

  • Problem set Ross Pro’s Sports Equipment began business in 2019, and its sales in 2019 were...

    Problem set Ross Pro’s Sports Equipment began business in 2019, and its sales in 2019 were 4,800 units of sports equipment. The selling price per unit was $300. Variable cost per unit of sports equipment was $186. Annual fixed costs were $446,400. 1. Please use the format of a contribution margin income statement to calculate the contribution margin (in dollars), unit contribution, and contribution margin ratio for Ross Pro’s Sports Equipment. Part 1 Total Per unit Percentage Sales (4,800 units)...

  • LA’s Sports Equipment began business in 2019, and its sales in 2019 were 4,800 units of...

    LA’s Sports Equipment began business in 2019, and its sales in 2019 were 4,800 units of sports equipment. The selling price per unit was $300. Variable cost per unit of sports equipment was $186. Annual fixed costs were $446,400. 1. Please use the format of a contribution margin income statement to calculate the contribution margin (in dollars), unit contribution, and contribution margin ratio for LA’s Sports Equipment. Total Per Unit Percentage Sales (xxx units), Less: Variable costs, Contribution margin, Less:...

  • Delsing Plumbing Company has beginning inventory of 25,500 units, will sol 73,000 units for the month and desires t...

    Delsing Plumbing Company has beginning inventory of 25,500 units, will sol 73,000 units for the month and desires to reduce ending inventory to 25 percent of beginning inventory How many units should Delsing produce? Units to be produced

  • Fiwrt Corporation manufactures and sells stainless steel coffee mugs. Expected mug sales Fiwrt (in units) for...

    Fiwrt Corporation manufactures and sells stainless steel coffee mugs. Expected mug sales Fiwrt (in units) for the next three months are as follows: October November December Budgeted unit sales 30,000 36,000 34,000 Fiwrt likes to maintain a finished goods inventory equal to 30% of the next month's estimated sales. How many mugs should Fiwrt plan on producing during the month of November?

  • Lighting Inc.'s sales budget showed the following projections, by quarter, for the coming year: Units Quarter...

    Lighting Inc.'s sales budget showed the following projections, by quarter, for the coming year: Units Quarter First Second Third 100,000 120,000 140,000 160,000 520,000 Fourth Total Inventory on December 31 of the current year (that is, at the beginning of the coming year) is expected to be 10,000 units. The quantity of finished goods inventory at the end of each quarter was to equal ten percent of the next quarter's budgeted units to be sold. Required: Calculate the units to...

  • 1) Cahuilla Corporation predicts the following sales in units for the coming four months: April May...

    1) Cahuilla Corporation predicts the following sales in units for the coming four months: April May June July Sales in Units 260 300 320 260 Each month's ending Finished Goods Inventory should be 40% of the next month's sales. March 31 Finished Goods inventory is 104 units. A finished unit requires 5 pounds of direct material B at a cost of $2.00 per pound. The March 31 Raw Materials Inventory has 220 pounds of B. Each month's ending Raw Materials...

  • Jupiter Company's budget for the coming year estimates monthly sales in units for the first five...

    Jupiter Company's budget for the coming year estimates monthly sales in units for the first five months of the year as follows: April, 35,000; May, 38,000; June 40,000; July, 39,000; and August, 38,000. The ending inventory of finished units available for sale is to be maintained at 25% of the next month's estimated sales. On April 1, there were 12,000 units on hand. There is no work in process at the end of any month. Each unit of finished product...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT