Homework Answers
| Projected sales | 6,100 |
| Add: Desired ending inventory (1,100*110%) | 1,210 |
| Less: Beginning inventory | (1,100) |
| Budgeted purchase | 6,210 |
Answer is C. 6,210 units
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Garcla Manufacturing's April sales forecast projects that 6,100 units will sell at a price of $10.60...
answers pls Garcia Manufacturing's April sales forecast projects that 7900 units will sell at a price...
answers pls
Garcia Manufacturing's April sales forecast projects that 7900 units will sell at a price of $12.40 per unit. The desired ending inventory is 10% higher than the beginning inventory, which was 2.900 units. Budgeted purchases of units in April would be: O 7900 units O 10.800 units. 8190 units. 11.090 units 0 Some other amount.
Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 560...
Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 560 May 640 June 590 July 680 The company wants to end each month with ending finished goods inventory equal to 20% of next month's forecasted sales. Finished goods inventory on April 1 is 112 units. Prepare a production budget for the months of April, May, and June. The company wants to end each month with ending finished goods inventory equal to 20% of next...
CatNap Company has two products: Kittyz and Katz. A March sales forecast projects 20,000 units of Kittyz and 10,000...
CatNap Company has two products: Kittyz and Katz. A March sales forecast projects 20,000 units of Kittyz and 10,000 units of Katz are going to be sold at prices of $13 and $11, respectively. The desired ending inventory of Kittyz is 17% higher than the beginning inventory, which was 3,000 units. How much are total March sales for Kittyz anticipated to be? O A $110,000 OB. $117,647 OC. $220,000 OD. $200,000
Required information Rulz Co. provides the following sales forecast for the next four months: Sales (units) April 6...
Required information Rulz Co. provides the following sales forecast for the next four months: Sales (units) April 610 May 690 June 640 July 730 The company wants to end each month with ending finished goods inventory equal to 20% of next month's forecasted a goods inventory on April 1s 122 units. Assume July's budgeted production is 640 units. In addition, each finished unit requires five pounds (lbs.) of raw materials and the company wants to end each month with raw...
Sales Forecast & Product Budget table numbers (units) April: Budget (880 units) & Sales (805 units)...
Sales Forecast & Product Budget table numbers
(units)
April: Budget (880 units) & Sales (805 units)
may: Budget (1,100 units) & Sales (900 units)
june: Budget (1075) & Sales (1025 units)
july : budget (1125 units) & sales (875 units)
Delray Manufacturing needs to better budget and analyze costs. While Delray has experienced high sales growth, it has struggled to effectively manage costs and inventories. Delray aims to end each month with direct materials inventory equal to 40% of next...
Garfield Corp. expects to sell 1,500 units of its pet beds in March and 500 units in April. Each unit sells for $150. G...
Garfield Corp. expects to sell 1,500 units of its pet beds in March and 500 units in April. Each unit sells for $150. Garfield's ending inventory policy is 40 percent of the following month's sales. Garfield pays its supplier $40 per unit. Compute Garfield's budgeted purchases for March Total Cost of Budgeted Purchases
Grover has forecast sales to be $125,000 in February, $135,000 in March, $150,000 in April, and $140,000 in May. T...
Grover has forecast sales to be $125,000 in February, $135,000 in March, $150,000 in April, and $140,000 in May. The average cost of goods sold is 70% of sales. All sales are on made on credit and sales are collected 60% in the month of sale, and 40% the month following What are budgeted cash receipts in March? Multiple Choice O $135,000 o $131000 O 594,500 Lea Company produces hand tools, Budgeted sales for March are 10,000 units Beginning finished...
Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 630...
Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 630 May 710 June 660 July 750 The company wants to end each month with ending finished goods inventory equal to 40% of next month's forecasted sales. Finished goods inventory on April 1 is 252 units. Prepare a production budget for the months of April, May, and June. RUIZ CO. Production Budget For April, May, and June April Next month's budgeted sales (units) 710 Ratio...
Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 500...
Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 500 May 580 June 540 July 620 The company wants to end each month with ending finished goods inventory equal to 25% of next month's forecasted sales. Finished goods inventory on April 1 is 190 units. Prepare a production budget for the months of April, May, and June. RUIZ CO. Production Budget For April, May, and June April Next month's budgeted sales (units) 580 Ratio...
Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 500...
Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 500 May 580 June 540 July 620 The company wants to end each month with ending finished goods inventory equal to 25% of next month's forecasted sales. Finished goods inventory on April 1 is 190 units. Prepare a production budget for the months of April, May, and June. RUIZ CO. Production Budget For April, May, and June April Next month's budgeted sales (units) 580 Ratio...
answers pls
Garcia Manufacturing's April sales forecast projects that 7900 units will sell at a price of $12.40 per unit. The desired ending inventory is 10% higher than the beginning inventory, which was 2.900 units. Budgeted purchases of units in April would be: O 7900 units O 10.800 units. 8190 units. 11.090 units 0 Some other amount.
Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 560 May 640 June 590 July 680 The company wants to end each month with ending finished goods inventory equal to 20% of next month's forecasted sales. Finished goods inventory on April 1 is 112 units. Prepare a production budget for the months of April, May, and June. The company wants to end each month with ending finished goods inventory equal to 20% of next...
CatNap Company has two products: Kittyz and Katz. A March sales forecast projects 20,000 units of Kittyz and 10,000 units of Katz are going to be sold at prices of $13 and $11, respectively. The desired ending inventory of Kittyz is 17% higher than the beginning inventory, which was 3,000 units. How much are total March sales for Kittyz anticipated to be? O A $110,000 OB. $117,647 OC. $220,000 OD. $200,000
Required information Rulz Co. provides the following sales forecast for the next four months: Sales (units) April 610 May 690 June 640 July 730 The company wants to end each month with ending finished goods inventory equal to 20% of next month's forecasted a goods inventory on April 1s 122 units. Assume July's budgeted production is 640 units. In addition, each finished unit requires five pounds (lbs.) of raw materials and the company wants to end each month with raw...
Sales Forecast & Product Budget table numbers
(units)
April: Budget (880 units) & Sales (805 units)
may: Budget (1,100 units) & Sales (900 units)
june: Budget (1075) & Sales (1025 units)
july : budget (1125 units) & sales (875 units)
Delray Manufacturing needs to better budget and analyze costs. While Delray has experienced high sales growth, it has struggled to effectively manage costs and inventories. Delray aims to end each month with direct materials inventory equal to 40% of next...
Garfield Corp. expects to sell 1,500 units of its pet beds in March and 500 units in April. Each unit sells for $150. Garfield's ending inventory policy is 40 percent of the following month's sales. Garfield pays its supplier $40 per unit. Compute Garfield's budgeted purchases for March Total Cost of Budgeted Purchases
Grover has forecast sales to be $125,000 in February, $135,000 in March, $150,000 in April, and $140,000 in May. The average cost of goods sold is 70% of sales. All sales are on made on credit and sales are collected 60% in the month of sale, and 40% the month following What are budgeted cash receipts in March? Multiple Choice O $135,000 o $131000 O 594,500 Lea Company produces hand tools, Budgeted sales for March are 10,000 units Beginning finished...
Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 630 May 710 June 660 July 750 The company wants to end each month with ending finished goods inventory equal to 40% of next month's forecasted sales. Finished goods inventory on April 1 is 252 units. Prepare a production budget for the months of April, May, and June. RUIZ CO. Production Budget For April, May, and June April Next month's budgeted sales (units) 710 Ratio...
Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 500 May 580 June 540 July 620 The company wants to end each month with ending finished goods inventory equal to 25% of next month's forecasted sales. Finished goods inventory on April 1 is 190 units. Prepare a production budget for the months of April, May, and June. RUIZ CO. Production Budget For April, May, and June April Next month's budgeted sales (units) 580 Ratio...
Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 500 May 580 June 540 July 620 The company wants to end each month with ending finished goods inventory equal to 25% of next month's forecasted sales. Finished goods inventory on April 1 is 190 units. Prepare a production budget for the months of April, May, and June. RUIZ CO. Production Budget For April, May, and June April Next month's budgeted sales (units) 580 Ratio...
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