Homework Answers
Part 1
| Month | Anticipated Sales (in Units) | Calculation (Sales in previous month + 4% growth rate) | Production (in Units) | Calculation (90% of Next month anticipated sales |
| July | 270000 | Given in Que | 252720 | 280800*90% |
| Aug | 280800 | 270000+(270000*4%) | 262829 | 292032*90% |
| Sep | 292032 | 280800+(280800*4%) | 273342 | 303713*90% |
| Oct | 303713 | 292032+(292032*4%) | ||
| Total Required Production for 3 month period ending Sep 30 | 788891 | |||
Part 2
| Particulars | Quantity | Calculation |
| Estimated Production (in Units) | 760000 | As given in Que |
| Raw Material Required for Production (in Pounds) | 3800000 | 760000*5 pounds |
| Raw Material inventory in Hand required at the end of period (in Pounds) | 950000 | 3800000*25% |
| Raw Material in inventory on june 30 (in Pounds) | 860000 | As given in Que |
| Raw Material Required to be purchase (in Pounds) | 3890000 | (3800000+950000-860000) |
| Raw Material Cost (in $) | 5251500 | 3890000*1.35 |
Add Answer to:
Greener Grass Fertilizer Company plans to sell 270,000 units of finished product in July and anticipates...
Greener Grass Fertilizer Company plans to sell 270,000 units of finished product in July and anticipates...
Greener Grass Fertilizer Company plans to sell 270,000 units of finished product in July and anticipates a growth rate in sales of 5 percent per month. The desired monthly ending inventory in units of finished product is 85 percent of the next month's estimated sales. There are 229,500 finished units in inventory on June 30. Each unit of finished product requires 3 pounds of raw material at a cost of $1.35 per pound. There are 810,000 pounds of raw material...
Greener Grass Fertilizer Company plans to sell 270,000 units of finished product in July and anticipates...
Greener Grass Fertilizer Company plans to sell 270,000 units of finished product in July and anticipates a growth rate in sales of 5 percent per month. The desired monthly ending inventory in units of finished product is 70 percent of the next month's estimated sales. There are 189,000 finished units in inventory on June 30. Each unit of finished product requires 3 pounds of raw material at a cost of $1.95 per pound. There are 730,000 pounds of raw material...
Greener Grass Fertilizer Company plans to sell 240,000 units of finished product in July and anticipates...
Greener Grass Fertilizer Company plans to sell 240,000 units of finished product in July and anticipates a growth rate in sales of 4 percent per month. The desired monthly ending inventory in units of finished product is 90 percent of the next month's estimated sales. There are 216,000 finished units in inventory on June 30. Each unit of finished product requires 5 pounds of raw material at a cost of $1.25 per pound. There are 720,000 pounds of raw material...
Greener Grass Fertilizer Company plans to sell 220,000 units of finished product in July and anticipates...
Greener Grass Fertilizer Company plans to sell 220,000 units of finished product in July and anticipates a growth rate in sales of 5 percent per month. The desired monthly ending inventory in units of finished product is 75 percent of the next month's estimated sales. There are 165,000 finished units in inventory on June 30. Each unit of finished product requires 3 pounds of raw material at a cost of $2.15 per pound. There are 730,000 pounds of raw material...
Greener Grass Fertilizer Company plans to sell 230,000 units of finished product in July and anticipates...
Greener Grass Fertilizer Company plans to sell 230,000 units of finished product in July and anticipates a growth rate in sales of 6 percent per month. The desired monthly ending inventory in units of finished product is 85 percent of the next month's estimated sales. There are 195,500 finished units in inventory on June 30. Each unit of finished product requires 5 pounds of raw material at a cost of $2.05 per pound. There are 840,000 pounds of raw material...
Greener Grass Fertilizer Company plans to sell 250,000 units of finished product in July and anticipates...
Greener Grass Fertilizer Company plans to sell 250,000 units of finished product in July and anticipates a growth rate in sales of 4 percent per month. The desired monthly ending inventory in units of finished product is 75 percent of the next month's estimated sales. There are 187,500 finished units in inventory on June 30. Each unit of finished product requires 3 pounds of raw material at a cost of $1.65 per pound. There are 780,000 pounds of raw material...
Greener Grass Fertilizer Company plans to sell 220,000 units of finished product in July and anticipates...
Greener Grass Fertilizer Company plans to sell 220,000 units of finished product in July and anticipates a growth rate in sales of 6 percent per month. The desi red monthly ending inventory in units of finished product is 75 percent of the next month's estimated sales. There are 165,000 finished units in inventory on June 30. Each unit of finished product requires 3 pounds of raw material at a cost of $1.65 per pound. There are 760,000 pounds of raw...
Greener Grass Fertilizer Company plans to sell 220,000 units of finished product in July and anticipates a growth rate...
Greener Grass Fertilizer Company plans to sell 220,000 units of finished product in July and anticipates a growth rate in sales of 5 percent per month. The desired monthly ending inventory in units of finished product is 90 percent of the next month's estimated sales. There are 198,000 finished units in inventory on June 30. Each unit of finished product requires 5 pounds of raw material at a cost of $2.05 per pound. There are 740,000 pounds of raw material...
San Fernando Fertilizer Company plans to sell 260,000 units of finished product in July and anticipates...
San Fernando Fertilizer Company plans to sell 260,000 units of finished product in July and anticipates a growth rate in sales of 5 percent per month. The desired monthly ending inventory in units of finished product is 90 percent of the next month's estimated sales. There are 234,000 finished units in inventory on June 30. Each unit of finished product requires 4 pounds of raw material at a cost of $1.95 per pound. There are 870,000 pounds of raw material...
San Fernando Fertilizer Company plans to sell 230,000 units of finished product in July and anticipates...
San Fernando Fertilizer Company plans to sell 230,000 units of finished product in July and anticipates a growth rate in sales of 5 percent per month. The desired monthly ending inventory in units of finished product is 75 percent of the next month's estimated sales. There are 172,500 finished units in inventory on June 30. Each unit of finished product requires 6 pounds of raw material at a cost of $1.35 per pound. There are 740,000 pounds of raw material...
Greener Grass Fertilizer Company plans to sell 270,000 units of finished product in July and anticipates a growth rate in sales of 5 percent per month. The desired monthly ending inventory in units of finished product is 85 percent of the next month's estimated sales. There are 229,500 finished units in inventory on June 30. Each unit of finished product requires 3 pounds of raw material at a cost of $1.35 per pound. There are 810,000 pounds of raw material...
Greener Grass Fertilizer Company plans to sell 270,000 units of finished product in July and anticipates a growth rate in sales of 5 percent per month. The desired monthly ending inventory in units of finished product is 70 percent of the next month's estimated sales. There are 189,000 finished units in inventory on June 30. Each unit of finished product requires 3 pounds of raw material at a cost of $1.95 per pound. There are 730,000 pounds of raw material...
Greener Grass Fertilizer Company plans to sell 240,000 units of finished product in July and anticipates a growth rate in sales of 4 percent per month. The desired monthly ending inventory in units of finished product is 90 percent of the next month's estimated sales. There are 216,000 finished units in inventory on June 30. Each unit of finished product requires 5 pounds of raw material at a cost of $1.25 per pound. There are 720,000 pounds of raw material...
Greener Grass Fertilizer Company plans to sell 220,000 units of finished product in July and anticipates a growth rate in sales of 5 percent per month. The desired monthly ending inventory in units of finished product is 75 percent of the next month's estimated sales. There are 165,000 finished units in inventory on June 30. Each unit of finished product requires 3 pounds of raw material at a cost of $2.15 per pound. There are 730,000 pounds of raw material...
Greener Grass Fertilizer Company plans to sell 230,000 units of finished product in July and anticipates a growth rate in sales of 6 percent per month. The desired monthly ending inventory in units of finished product is 85 percent of the next month's estimated sales. There are 195,500 finished units in inventory on June 30. Each unit of finished product requires 5 pounds of raw material at a cost of $2.05 per pound. There are 840,000 pounds of raw material...
Greener Grass Fertilizer Company plans to sell 250,000 units of finished product in July and anticipates a growth rate in sales of 4 percent per month. The desired monthly ending inventory in units of finished product is 75 percent of the next month's estimated sales. There are 187,500 finished units in inventory on June 30. Each unit of finished product requires 3 pounds of raw material at a cost of $1.65 per pound. There are 780,000 pounds of raw material...
Greener Grass Fertilizer Company plans to sell 220,000 units of finished product in July and anticipates a growth rate in sales of 6 percent per month. The desi red monthly ending inventory in units of finished product is 75 percent of the next month's estimated sales. There are 165,000 finished units in inventory on June 30. Each unit of finished product requires 3 pounds of raw material at a cost of $1.65 per pound. There are 760,000 pounds of raw...
Greener Grass Fertilizer Company plans to sell 220,000 units of finished product in July and anticipates a growth rate in sales of 5 percent per month. The desired monthly ending inventory in units of finished product is 90 percent of the next month's estimated sales. There are 198,000 finished units in inventory on June 30. Each unit of finished product requires 5 pounds of raw material at a cost of $2.05 per pound. There are 740,000 pounds of raw material...
Most questions answered within 3 hours.
-
The University of
Texas recently reported that 43% of college students aged 18-24
would spend their...
asked 56 minutes ago -
The length of stay at a specific emergency department in
Phoenix, Arizona, in 2009 had a...
asked 12 minutes ago -
. Please give the mechanism for this type of problem. Step by
Step
The toxin that...
asked 15 minutes ago -
If you have a 1M stock solution and you want to dilute 1 :10
with water,...
asked 17 minutes ago -
In a load instruction, the effective address is obtained by
A) Retriving the address from a...
asked 17 minutes ago -
Use the following information to answer this question.
Windswept, Inc. 2017 Income Statement ($ in millions)...
asked 18 minutes ago -
A mutual fund salesperson has arranged to call on four people
tomorrow. Based on past experience...
asked 51 minutes ago -
Let the RV Y has the pdf
f ( y ) = 6 y ( 1...
asked 1 hour ago -
Question 12
Where should a copy of a private key should be placed so it is...
asked 20 minutes ago -
What is the entropy change to the surroundings when 1 mol of ice
melts in someone's...
asked 40 minutes ago -
Pt1
An electrochemical cell is set up at 25°C based on the overall
reaction represented by...
asked 46 minutes ago -
Explain traveling wave theory. Explain how the peaking of the
wave leads to action potentials and...
asked 37 minutes ago