1. A company expects to sell 400 units of Product X in January and then expects sales to increase by 10% per month. If Product X sells for $10 each, the total sales for the first quarter of the year will be $
2. A manufacturing company expects to sell 12,000 units in August and 15,000 units in September. The company desires to have an ending inventory of 80% of the next month's sales. If inventory on August 1 is 8,000 units, then the company should produce units in August.
3. A manufacturer requires an ending inventory of 5,000 units. Their budgeted unit sales are 20,000 units and beginning finished goods inventor is 3,000 units. The units to be produced is
PLEASE EXPLAIN ME STEP BY STEP HOW DID YOU GOT THE RESULT
1) Total sales for first quarter
January | February | March | Quarter | |
Sales in units | 400 | 400*1.1 = 440 | 440*1.1 = 484 | 1324*10 = $13240 |
2) Production in August = 12000+(15000*80%)-8000 = 16000 Units
3) Production Unit = Sale unit+Desired ending inventory-beginning inventory = 20000+5000-3000 = 22000 Units
1. A company expects to sell 400 units of Product X in January and then expects...
Yosko Company expects to sell 1,500 units of finished product in January and 1,900 units in February. The company has 170 units on hand on January 1 and desires to have an ending inventory equal to 60% of the next month's sales. March sales are expected to be 1,920 units. Prepare Yosko's production budget for January and February. Select the labels, enter the amounts and prepare the production budget for January. Then, prepare the production budget for February. Yosko Company...
Yosko Company expects to sell 2.050 units of finished product in January and 2.400 units in February The company has 150 units on hand on January 1 and desires to have an ending inventory equal to 60% of the next month's sales. March sales are expected to be 2.500 units Prepare Yoko's production budget for January and February Select the labels, enter the amounts and prepare the production budget for January. Then, prepare the production budget for February Yosko Company...
4. ABC Company expects to sell 5,000 units in the first quarter and 7,000 units in the second quarter. The company desires ending inventory to equal 20% of sales for the next quarter. Finished goods on hand at the start of the first quarter equals 1,000 units How many units should be produced in the first quarter?
Multiple Cholce Questlon A manufacturer requires ending inventory of 5,000 units. Their budgeted unit sales are 20,000 units and beginning finished goods inventor is 3,000 units. The units to be produced is A manufacturing company has budgeted production at 5,000 units for May and 4.400 units in June. Each unit requires 3 pounds of materials at a cost of $10 per pound. On May 1, there are 2,750 pounds of materials on hand. The company desires an ending inventory of...
Company expects to sell 8,000 units for $165 each for a total of $1,320,000 in January and 1,500 units for $195 each for a total of $292,500 in February. The company expects cost of goods sold to average 50% of sales revenue, and the company expects to sell 4,700 units in March for $260 each. Arete's target ending inventory is $17,000 plus 60% of the nextmonth's cost of goods sold. Prepare Arete's inventory, purchases, and cost of goods sold budget...
Walsh Company expects sales of Product W to be 63,000 units in April, 75,000 units in May and 70,000 units in June. The company desires that the inventory on hand at the end of each month be equal to 40% of the next month's expected unit sales. Given this information, Walsh Company's production of Product W for the month of May should be: Your Answer: Answer Question 7 (5 points) Tidewater plans to sell 95,000 units of product no. 794...
Vermicelli Company plans to sell 400,000 units of finished product in July and anticipates a growth rate in sales of 5% per month. The desired monthly ending inventory in units of finished product is 80% of the next month's estimated sales. There are 350,000 finished units in inventory on June 30. Vermicelli Company's production requirement in units of finished product for the three-month period ending September 30 is: (CMA adapted)
Trailer Company expects to sell 8,000 units for $175 each for a total of $1,400,000 in January and 2,000 units for $185 each for a total of $370,000 in February. The company expects cost of goods sold to average 50% of sales revenue, and the company expects to sell 4,400 units in March for $300 each. Trailer's target ending inventory is $20,000 plus 60% of the next month's cost of goods sold. Prepare Trailer's inventory, purchases, and cost of goods...
Vermicelli Company plans to sell 340,000 units of finished product in July and anticipates a growth rate in sales of 5% per month. The desired monthly ending inventory in units of finished product is 80% of the next month's estimated sales. There are 290,000 finished units in inventory on June 30. Vermicelli Company's production requirement in units of finished product for the three-month period ending September 30 is: (CMA adapted) Multiple Choice 1,173,008 units. 1,163,800 units. 1,096,724 units. 1,071,850 units.
Vermicelli Company plans to sell 390,000 units of finished product in July and anticipates a growth rate in sales of 5% per month. The desired monthly ending Inventory in units of finished product is 80% of the next month's estimated sales. There are 340,000 finished units in inventory on June 30. Vermicelli Company's production requirement in units of finished product for the three month period ending September 30 is: (CMA adapted) Multiple Choice 1337644 units 1.229.475 units 1342,300 units 1250...