Waterway Industries has 11000 units in beginning finished goods. The sales budget shows expected sales of 35500 units. If the production budget shows that 43000 units required for production, what is the desired ending finished goods inventory in units? O11000. 24500. 3500. 18500.
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- How many units are estimated to be sold if Kino, Inc., has planned production of 750,000 units, a desired beginning inventory of 30,000 units, and a desired ending inventory of 45,000 units?How many units are estimated to be sold it Skyline. Inc., has a planned production of 900,000 units, a desired beginning inventory of 160,000 units, and a desired ending inventory of 100,000 units?The production budget shows expected unit sales of 37000. Beginning finished goods units are 3600. Required production units are 37600. What is the desired number of units in ending finished goods? a. 3000 b. 5700 c. 4200 d. 3600
- If a company plans to sell 40000 units of product but sells 60000 units, the most appropriate comparison of the cost data associated with the sales will be by a budget based on O 60000 units of activity. O40000 units of activity. O the original planned level of activity. O 50000 units of activity.If the expected sales volume for the current period is 7,000 units, the desired ending inventory is 400 units, and the beginning inventory is 400 units, the number of units set forth in the production budget, representing total production for the current period, is оо a. 7,100 units b. 7,000 units c. 6,700 units d. 7,400 unitsCurrent Attempt in Progress Sheffield Corp. has 11000 units in beginning finished goods. The sales budget shows expected sales to be 32000 units. If the production budget shows that 37000 units are required for production, what was the desired ending finished goods? O 6000. 16000. O 21000. O 11000.
- ° The production budget shows expected sales units are 248000. The required production units are 258000. What are the beginning and desired ending finished goods units, respectively? Beginning Units Ending Units 4000 14000 14000 10000 14000 4000 10000 140001. Your Company has 12,000 units capacity and projected to produce and sell 10,000 units at P60 per unit for Year 20XY. Standard budgeted cost per unit: variable cost P22.50 and fixed cost P14.50. Sometime 3rd quarter of 20XY, there is a special order for 500 units for P45 selling price. Should the company accept the special order, and why? What could be the implications? 2. The total estimated sales for the coming year is 260,000 units. The estimated inventory at the beginning of the year is 32,500 units, and the desired inventory at the end of the year is 50,000 units. What is the total production units to be indicated in the production budget? 3. Datan Company expects $550,000 of credit sales in March and $600,000 of credit sales in April. Datan historically collects 70% of its sales in the month of sale and 30% in the following month. How much cash does Datan expect to collect in April? 4. Phil Carter, President of Carter Computer Components, Corp. has the option of…Concord Corporation has 7000 units in beginning finished goods. The sales budget shows expected sales to be 29000 units. If the production budget shows that 32000 units are required for production, what was the desired ending finished goods?
- The quarterly demand for an item of raw materials is estimated at 2,000 units at a purchase price of GH¢180 per unit. It is estimated that the cost per order will be GH¢270 and the cost of holding a unit of material in inventory will be GH¢24.Required:i. Compute the optimal order quantity, and total minimum costs.ii. Suppose a supplier offers 5% quantity discount for purchase of 8,000 units, should the offer be acceptedB. Explain THREE limiting assumptions of cost volume profit. C. Roose manufactures a product called Wye. The owners of Roose are preparing the budgets for the three months ending December 2020. Expected sales in units are shown below. October 2020 November 2020 December 2020 January 2021 Units of Wye 5,700 units 6,080 units 6,384 units 4,788 units One completed Wye contains 3.40 kg of material, costing RM 9.30 per kg. Inventory as at 1 Oct 2020 Inventory decision Finished product (units) of Wye 1,425 units Closing inventory in any month should represent 25% of the next month’s expected sales Material (kg) 25,000 kg This is to be reduced at a constant rate to 16, 000 kg by the end of December 2020 Required: Prepare for each of the months October to December 2020, the Production Budget for finished products Wye. Prepare, for each of the months October to December 2020, the Materials Purchases Budget.Sohar Company has 9,000 units in beginning finished goods. The sales budget shows expected sales to be 36,000 units. If the production budget shows that 42,000 units are required for production, what was the desired ending finished goods? Select one: O a. 27,000. O b. 15,000. c. None of the answers are correct O d. 3,000 O e. 9,000. Next page ENG 07:36 INTL 25/05/2021