The total estimated sales for the coming year is 250,000 units. The estimated inventory at the be- ginning of the year is 22,500 units, and the desired inventory at the end of the year is 30,000 units. The total production indicated in the production budget is:
A. 242,500 units B. 257,500 units C. 280,000 units D. 302,500 unit
Opening inventory+Production =Sales+closing inventory
22500+Production=250000+30000
Production =250000+30000-22500
Production =257500 units
The total estimated sales for the coming year is 250,000 units. The estimated inventory at the...
Jupiter Company's budget for the coming year estimates monthly sales in units for the first five months of the year as follows: April, 35,000; May, 38,000; June 40,000; July, 39,000; and August, 38,000. The ending inventory of finished units available for sale is to be maintained at 25% of the next month's estimated sales. On April 1, there were 12,000 units on hand. There is no work in process at the end of any month. Each unit of finished product...
Production and sales estimates for April are as follows: 9,000 8,000 Estimated inventory (units), April 1 Desired inventory (units), April 30 Expected sales volume (units): Area A Area B Area Unit sales price 3,500 4,750 4,250 $20 The budgeted total sales for Aprilis Ca. $270,000 b. $230,000 C. $200,000 d. $250,000 < Previous Next > All work saved Submit Test for Grading
Production and sales estimates for May for Cardinal Co. are as follows: Estimated inventory (units), May 1 19,000 Desired inventory (units), May 31 19,300 Expected sales volume (units): Area W 6,700 Area X 9,400 Area Y 7,600 Unit sales price $12.00 The number of units expected to be sold in May is a.28,440 b.23,700 c.21,330 d.14,300 If fixed costs are $295,000, the unit selling price is $73, and the unit variable costs are $53, what are the old and new...
LearnCo Sales Budget For the Year Ending December 31, 20Y2 Product Unit Sales Volume Unit Selling Price Total Sales Basic Abacus $8.00 $288,000 Deluxe Abacus 432,000 Totals 72,000 $720,000 X Production Budget The production budget should be integrated with the sales budget to ensure that production and sales are kept in balance during the year. The production budget estimates the number of units to be manufactured to meet budgeted sales and desired inventory levels. You note that LearnCo has omitted...
Motorcycle Manufacturers, Inc. projected sales of 53,100 machines for the year. The estimated January 1 inventory is 6,730 units, and the desired December 31 inventory is 7,480 units. What is the budgeted production (in units) for the year? a.53,100 b.52,350 c.53,850 d.38,890
Motorcycle Manufacturers, Inc. projected sales of 50,200 machines for the year. The estimated January 1 inventory is 6,870 units, and the desired December 31 inventory is 7,220 units. What is the budgeted production (in units) for the year? a.36,110 b.49,850 c.50,550 d.50,200
Motorcycle Manufacturers, Inc. projected sales of 78,000 machines for the year. The estimated January 1 inventory is 6,500 units, and the desired December 31 inventory is 6,000 units. What is the budgeted production (in units) for the year? Oa. 70,500 b. 77,500 c. 70,000 d. 78,500
Production Budget Pasadena Candle Inc. projected sales of 88,000 candles for the year. The estimated January 1 inventory is 3,500 units, and the desired December 31 inventory is 10,000 units. Prepare a production budget report in units for Pasadena Candle Inc. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Pasadena Candle Inc. Production Budget For the Year Ending December 31 Total units available Total units to be produced
DUE SOON, PLEASE HELP!!!! Sales for the final quarter of the prior year total 800 units. Expected sales in units) for the current year are: 720 (Quarter 1), 480 (Quarter 2), 640 (Quarter 3), and 640 (Quarter 4). Sales for the first quarter of the following year total 960 units. The selling price is $660 per unit in the first three quarters of the year, and $690 per unit in the final quarter. Company policy calls for a given quarter's...
Patrick Inc. makes industrial solvents. In the first 4 months of the coming year, Patrick expects the following unit sales: January 41,000 February 38,000 March 50,000 April 51,000 Patrick's policy is to have 20% of next month's sales in ending inventory. On January 1, it is expected that there will be 4,700 drums of solvent on hand. Required: Prepare a production budget for the first quarter of the year. Show the number of drums that should be produced each month...