Homework Answers
| Correct Option D i.e. 2100 Units | |||||
| March | April | May | June | ||
| Sales Units budgeted | 10,000 | 13,000 | 16,000 | 21,000 | |
| Add: desired ending | 1,300 | 1,600 | 2,100 | ||
| Ending for May | 2,100 | Units | |||
| (21000*10%) | |||||
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Meadow Company produces hand tools. A sales budget for the next four months is as follows:...
Marlow Company produces hand tools. A production budget for the next four months is as follows:...
Marlow Company produces hand tools. A production budget for the next four months is as follows: March 10,300 units, April 13,300, May 16,500, and June 21,800. Marlow Company's ending finished goods inventory policy is 10 % of the following month's sales. Meadow plans to sell 16,000 units in May How many units will be sold in April? Multiple Choice 13,000 12,380 13.570 13,620 Skylark has forecast production for the next three months as follows: July 4,900 units, August 6,600 units,...
Marlow Company produces hand tools. A production budget for the next four months is as follows:...
Marlow Company produces hand tools. A production budget for the next four months is as follows: March 10,100 units, April 13,760, May 10,000 and June 21,800. Marlow Company's ending finished goods inventory policy is 20% of the following month's sales. Marlow plans to sell 16,000 units in May. What is budgeted ending Inventory for March?
Marlow Company produces hand tools. A production budget for the next four months is as follows:...
Marlow Company produces hand tools. A production budget for the next four months is as follows: March 10,900 units, April 13,760, May 16,200, and June 21,900. Marlow Company's ending finished goods inventory policy is 20% of the following month's sales, Marlow plans to sell 16,000 units in May. What is budgeted ending Inventory for March? Multiple Choice | o О 2752 o O3,240 o О 21во o О) 2640
COVID 19 Co produces hand tools. A sales budget for the next four months is as...
COVID 19 Co produces hand tools. A sales budget for the next four months is as follows: March 10,400 units, April 13.700, May 16,400 and June 21,500. Slow Toad & Co's ending finished goods inventory policy is 20% of the following month's sales. What is budgeted ending finished goods inventory for May? Select one: a. 4.300 b. 2,740 о C. 3,280 O d. 2,080
Marlow Company produces hand tools. A production budget for the next four months is as follows: March 10,300 units, Apri...
Marlow Company produces hand tools. A production budget for the next four months is as follows: March 10,300 units, April 13,300, May 16,500, and June 21,800. Marlow Company’s ending finished goods inventory policy is 10% of the following month’s sales. Marlow plans to sell 16,000 units in May. How many units must be sold in April?
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...
Kohl Company makes computer bags. Its sales budget for four months is: Sales Month ...
Kohl Company makes computer bags. Its sales budget for four months is: Sales Month December 15,000 January 20,000 February 40,000 March 60,000 Kohl's policy is that ending inventory of finished bags should equal 30% of the next month's sales. Beginning inventory (December 1) is 4,500 bags. Budgeted production cost is $5.00 Each bag required 1.5 yards of ballistic nylon. The ending inventory policy for nylon is that 20% of the following month's production needs...
Ruiz Co. provides the following sales forecast for the next four months. April May June July...
Ruiz Co. provides the following sales forecast for the next four
months.
April
May
June
July
Sales (units)
550
630
580
670
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 110 units.
Prepare a production budget for the months of April, May, and
June.
UINUATIV Wants to end each month with ending finished goods inventory equal to 209 goods inventory on...
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 550...
Ruiz Co provides the following sales forecast for the next four months. Sales (units) April 550 May 630 June 580 July 670 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 220 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) 630...
Marlow Company produces hand tools. A production budget for the next four months is as follows: March 10,300 units, April 13,300, May 16,500, and June 21,800. Marlow Company's ending finished goods inventory policy is 10 % of the following month's sales. Meadow plans to sell 16,000 units in May How many units will be sold in April? Multiple Choice 13,000 12,380 13.570 13,620 Skylark has forecast production for the next three months as follows: July 4,900 units, August 6,600 units,...
Marlow Company produces hand tools. A production budget for the next four months is as follows: March 10,100 units, April 13,760, May 10,000 and June 21,800. Marlow Company's ending finished goods inventory policy is 20% of the following month's sales. Marlow plans to sell 16,000 units in May. What is budgeted ending Inventory for March?
Marlow Company produces hand tools. A production budget for the next four months is as follows: March 10,900 units, April 13,760, May 16,200, and June 21,900. Marlow Company's ending finished goods inventory policy is 20% of the following month's sales, Marlow plans to sell 16,000 units in May. What is budgeted ending Inventory for March? Multiple Choice | o О 2752 o O3,240 o О 21во o О) 2640
COVID 19 Co produces hand tools. A sales budget for the next four months is as follows: March 10,400 units, April 13.700, May 16,400 and June 21,500. Slow Toad & Co's ending finished goods inventory policy is 20% of the following month's sales. What is budgeted ending finished goods inventory for May? Select one: a. 4.300 b. 2,740 о C. 3,280 O d. 2,080
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...
Ruiz Co. provides the following sales forecast for the next four
months.
April
May
June
July
Sales (units)
550
630
580
670
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 110 units.
Prepare a production budget for the months of April, May, and
June.
UINUATIV Wants to end each month with ending finished goods inventory equal to 209 goods inventory on...
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 550 May 630 June 580 July 670 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 220 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) 630...
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