Homework Answers
Answer : $ 122,000 Units
Units To be Prodcued in Second Quarter :
= Sales in units +Ending inventory in Units - Beginning inventory in Units
= Sales in Second Quarter + 10% on Next Quarter Sales - 10% of Second quarter Sales
= 120,000+ 10%*140,000-10%*120,000
= 120,000+14,000-12,000
= 122,000 (Answer)
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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...
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...
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What if Clapton Company in Example 9-1 changed their desired ending inventory level to equal 20.5%...
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White Corporation's budget calls for the following sales for next year: Quarter i Quarter 2 108,500...
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DUE SOON, PLEASE HELP!!! Sales for the final quarter of the prior year total 800 units. Expected sales in units) for the...
DUE SOON, PLEASE
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Sales for the final quarter of the prior year total 800 units. Expected sales in units) for the current year are: 720 (Quarter 1), 480 (Quarter 2), 640 (Quarter 3), and 640 (Quarter 4). Sales for the first quarter of the following year total 960 units. The selling price is $660 per unit in the first three quarters of the year, and $690 per unit in the final quarter. Company policy calls for a given quarter's...
DUE SOON, PLEASE HELP!!!! Sales for the final quarter of the prior year total 800 units....
DUE SOON, PLEASE HELP!!!!
Sales for the final quarter of the prior year total 800 units. Expected sales in units) for the current year are: 720 (Quarter 1), 480 (Quarter 2), 640 (Quarter 3), and 640 (Quarter 4). Sales for the first quarter of the following year total 960 units. The selling price is $660 per unit in the first three quarters of the year, and $690 per unit in the final quarter. Company policy calls for a given quarter's...
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Electro Company manufactures an innovative automobile
transmission for electric cars. Management predicts that ending
finished goods inventory for the first quarter will be 277,800
units. The following unit sales of the transmissions are expected
during the rest of the year: second quarter, 463,000 units; third
quarter, 317,000 units; and fourth quarter, 499,000 units. Company
policy calls for the ending finished goods inventory of a quarter
to equal 60% of the next quarter's budgeted sales.
Prepare a production budget for both...
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...
DUE SOON, PLEASE HELP!!!!
Sales for the final quarter of the prior year total 800 units. Expected sales in units) for the current year are: 720 (Quarter 1), 480 (Quarter 2), 640 (Quarter 3), and 640 (Quarter 4). Sales for the first quarter of the following year total 960 units. The selling price is $660 per unit in the first three quarters of the year, and $690 per unit in the final quarter. Company policy calls for a given quarter's...
What if Clapton Company in Example 9-1 changed their desired ending inventory level to equal 14.7% of next quarter's budgeted sales instead of 20%. How many budgeted units would be produced in the 3rd quarter (July-September)? Round your answer to the nearest whole unit. Example #1 PRODUCTION BUDGET Clapton Company's sales budget shows the following projections for the year ending December 31, 2017: Quarters First (Jan-March) Second (April - June) Third (July-Sept) Fourth (Oct-Dec) Total Guitars 30,000 40,000 22,500 27,500...
answere 12 to 13
12) Superior Industries' sales budget shows quarterly sales for the next year as follows: Quarter Sales (Units) First 10,000 Second 8,000 Third 12.000 Fourth 14,000 Company policy is to have a finished goods inventory at the end of each quarter equal to 20% of the next quarter's sales. What should be the budgeted production for the second quarter? a) 7,200 units. b) 8.000 units. c) 8,400 units. d) 8,800 units. 13) The Tobler Company has budgeted...
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DUE SOON, PLEASE
HELP!!!
Sales for the final quarter of the prior year total 800 units. Expected sales in units) for the current year are: 720 (Quarter 1), 480 (Quarter 2), 640 (Quarter 3), and 640 (Quarter 4). Sales for the first quarter of the following year total 960 units. The selling price is $660 per unit in the first three quarters of the year, and $690 per unit in the final quarter. Company policy calls for a given quarter's...
DUE SOON, PLEASE HELP!!!!
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transmission for electric cars. Management predicts that ending
finished goods inventory for the first quarter will be 277,800
units. The following unit sales of the transmissions are expected
during the rest of the year: second quarter, 463,000 units; third
quarter, 317,000 units; and fourth quarter, 499,000 units. Company
policy calls for the ending finished goods inventory of a quarter
to equal 60% of the next quarter's budgeted sales.
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