Anticipated unit sales are January, 5,000, February, 4,000, and March 8,000 Finished goods are consistently maintained at 80% of the following month's sales If units cost $10 each to produce, how much is February's total cost of production? a) $0 b) $40,000 c) $72000 d) $80 000 e) None of these

Cahuilla Corporation predicts the following sales in units for the coming four months: April May June July 330 370 398 330 Sales in Units Each month's ending finished goods inventory should be 30% of the next month's sales. March 31 finished goods inventory is 99 units. A finished unit requires 5 pounds of direct material B at a cost of $3.00 per pound. The March 31 Raw Materials Inventory has 290 pounds of B. Each month's ending Raw Materials Inventory should be 20% of the following month's production needs. The budgeted production for May is:

Annual Demand for a product is constant at 80 000 units. Costs for placing orders,transportation and receiving consignments are fixed at P1 200. Each inventory cycle costsP50 per unit and comes with a holding cost of 6%.RequiredDetermine the number of units that should be ordered to replenish inventory and number oforders per year.

The Company has two products: A and B. March sales forecast projects 15,000 units of A and 10,000 units of B are going to be sold at prices of $15 and $18, respectively. The desired ending inventory of A is 12% higher than the beginning inventory, which was 2000 units. How much are total March sales for A anticipated to be?

An August sales forecast projects 6,000 units are going to be sold at a price of $10.00 per unit. The desired ending inventory in units is 15% higher than the beginning inventory of 1,000 units. Total August sales are anticipated to be:             $57,500 $80,500       $69,000 $60,000

Samuelson will produce 20,000 units in January using level production. If each unit costs $500 to manufacture, what is the dollar value of ending inventory in January if beginning inventory is 10,000 units and January sales are 15,000

ABCL Corporation predicts the following sales in units for the coming four months:                                   May     June  July      August    September Unit sales ……           400    500     520        480        540   Finished goods inventory on April 30: 120 units Raw materials inventory on April 30: 450 pounds   Desired ending inventory each month: Finished goods: 30% of next month's sales Raw materials: 25% of next month's production needs Number of pounds of raw material required per finished unit: 4 lbs.   Required: How many pounds of raw materials should be purchased in May?

Cahuilla Corporation predicts the following sales in units for the coming four months: July 430 Sales in units Multiple Choice O Each month's ending finished goods inventory should be 40% of the next month's sales. March 31 finished goods inventory is 172 units. A finished unit requires five pounds of direct material B at a cost of $3.00 per pound. The March 31 Raw Materials Inventory has 280 pounds of B. Each month's ending Raw Materials Inventory should be 30% of the following month's production needs. The budgeted production for May is: O 470 units. 478 units. 406 units. 666 units. April 430 282 units. May 470 June 490

Expected unit sales (frames) for the upcoming months follow: March April May June July August 295 290 340 440 415 465 Variable manufacturing overhead is incurred at a rate of $0.20 per unit produced. Annual fixed manufacturing overhead is estimated to be $9,000 ($750 per month) for expected production of 5,000 units for the year. Selling and administrative expenses are estimated at $800 per month plus $0.50 per unit sold. Iguana, Incorporated, had $11,800 cash on hand on April 1. Of its sales, 80 percent is in cash. Of the credit sales, 50 percent is collected during the month of the sale, and 50 percent is collected during the month following the sale. Of direct materials purchases, 80 percent is paid for during the month purchased and 20 percent is paid in the following month. Direct materials purchases for March 1 totaled $2,600. All other operating costs are paid during the month incurred. Monthly fixed manufacturing overhead includes $190 in depreciation. During April, Iguana…

A December sales forecast projects 6,000 units are going to be sold at a price of $10.00 per unit. The desired ending inventory in units is 15% higher than the beginning inventory of 1,000 units. Total December sales are anticipated to be:             $57,500 $80,500       $69,000 $60,000