Q29: | ||||||
Quarter 4 Sales | 500,000 | |||||
Increase % Expected | 20% | |||||
Projected Sales | 600,000 | (500000*120%) | ||||
Answer is B | ||||||
Q33 | Production Budget: | Feb | ||||
Unit Sales for the Month | 75,000 | |||||
Add: Closing Units(90000*20%) | 18,000 | |||||
Total Units Required | 93,000 | |||||
Less: Opening Units(75000*20%) | 15,000 | |||||
Production Units | 78,000 | |||||
I have answered two questions, please raise separate question for other problems | ||||||
i need help with 29,30,31,33 Question 29 (2 points) ABC Company had $1,000,000 in sales in...
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Benet Company has budgeted the following unit sales: 2017 2016 Quarter Units Quarter Units 1 105,000 1 90,000 2 60,000 3 75,000 4 120,000 The finished goods inventory on hand on December 31, 2015 was 21,000 units. It is the company's policy to maintain a finished goods inventory at the end of each quarter equal to 20% of the next quarter's anticipated sales. Prepare a production budget for 2016.
Need help on the second part Galactic Inc. manufactures flying drone toys. Sales units for January, February, March, April and May were 460, 440, 512, 472, and 540 respectively. ints Required: 1. The company's policy for ending finished goods is 25 percent of next quarter's sales. Prepare a production budget for the first quarter. 2. The drone toy includes 2 LED lights, which cost $15 each. The company requires ending direct materials to be 20 percent of next quarter's materials...
27. Benet Company has budgeted the following unit sales: 2016 2017 Quarter Quarter Units 90.000 Units 105,000 60,000 75,000 120,000 The finished goods inventory on hand on December 31, 2015 was 21,000 units. It is the company's policy to maintain a finished goods inventory at the end of each quarter equal to 20% of the next quarter's anticipated sales. Instructions Prepare a production budget for 2016.
Hi I need help on this question, thank you :) Chech 1 Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia. Three cubic centimeters (cc) of solvent H300 are required to manufacture each unit of Supermix, one of the company's products. The company now is planning raw materials needs for the third quarter, the quarter in which peak sales of Supermix occur. To keep production and sales moving smoothly, the company has the following inventory...