7. Rollers, Inc. uses a continuous or rolling budget. The month of March is about to end, so the companyis now preparing estimates for April. Figures for the period January to March pertaining to factorysupplies are as follows:ProductionFactory Supplies144,612170,712153,312JanuarFebruaryMarch90,000108,00096,000If the budgeted production for April is 94,000 units, how much should the budgeted factory supplies be?a.130,500b.151,040с. 136,300d. 150,412

Solution:- Calculation of the budgeted factory supplies for 94,000 units in April as follows:-

Answered: 7. Rollers, Inc. uses a continuous or…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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A company that manufactures cushions wants to have the following sales budget for the following months: January - 9000 cushions February - 8700 cushions March - 8200 cushions The company will start January with 980 cushions. You want to hold ending inventory of 15% of the next month's projected sales. What will be the production of cushions for the month of February? a 7230 b 8250 c 8950 d 9800
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Ruby Company, Inc. has the following budgeted sales for the next quarter: Month: Units April 9,300 May 9,500 June 9,600 Inventory of finished goods on hand at the beginning of the quarter is 1,860 units. The company desires to maintain ending inventory each month equal to 20% of next month's sales plus an additional 100 units. How many units are to be produced during April? A. 7,440 units OB. 18,600 units OC. 9,440 units OD. 9,600 units
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XYZ Company is preparing its production budget for the next year. Budgeted sales in dollars for January, February, March, and April are $210,000, $270,000, 5150,000, and $186.0 finished goods inventory in units is 20% of the next month's sales in units. Budgeted selling price is $6 per unit. How many total units need to be produced in February? Select one: O a. None of the given answers O b. 30,750 O c 26,200 O d. 41,000 O e. 15,375
7. Rollers, Inc. uses a continuous or rolling budget. The month of March is about to end, so the company is now preparing estimates for April. Figures for the period January to March pertaining to factory supplies are as follows: Production 90,000 108,000 96,000 Factory Supplies 144,612 170,712 153,312 Januar February March If the budgeted production for April is 94,000 units, how much should the budgeted factory supplies be? a.130,500 b.151,040 c. 136,300 d. 150,412
Cypress Inc. has the following budgeted sales for the next quarter.Month: 1 2 3Units: 10,000 11,000 12,000Inventory of finished goods on hand at the beginning of the quarter is 7,000 units. The company desires to maintain ending inventory equal to beginning inventory plus 5,000 units every month.Calculate the total quantity to be produced during the quarter.

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