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Based on the following production and sales data of Frixion Co. for March of the current year:   Product T Product X Estimated inventory, March 1 28,000 units 20,000 units Desired inventory, March 31 32,000 units 15,000 units Expected sales volume:          Area I 320,000 units 260,000 units      Area II 190,000 units 130,000 units Unit sales price $6 $14    Question Content Area a.  Prepare a sales budget. Frixion Co.Sales BudgetFor the Month Ending March 31 Product and Area Unit Sales Volume Unit Selling Price Total Sales Product T:       Area I fill in the blank ca0b7bf7b025f99_1 $fill in the blank ca0b7bf7b025f99_2 $fill in the blank ca0b7bf7b025f99_3 Area II fill in the blank ca0b7bf7b025f99_4 $fill in the blank ca0b7bf7b025f99_5 fill in the blank ca0b7bf7b025f99_6 Total fill in the blank ca0b7bf7b025f99_7   $fill in the blank ca0b7bf7b025f99_8 Product X:       Area I fill in the blank ca0b7bf7b025f99_9 $fill in the blank ca0b7bf7b025f99_10 $fill in the blank ca0b7bf7b025f99_11 Area II fill in the blank ca0b7bf7b025f99_12 $fill in the blank ca0b7bf7b025f99_13 fill in the blank ca0b7bf7b025f99_14 Total fill in the blank ca0b7bf7b025f99_15   $fill in the blank ca0b7bf7b025f99_16 Total revenue from sales     $fill in the blank ca0b7bf7b025f99_17   Question Content Area b.  Prepare a production budget. Frixion Co.Production BudgetFor the Month Ending March 31   Product T Product X Expected units to be sold fill in the blank f3342200cfda03b_1 fill in the blank f3342200cfda03b_2   - Select - - Select - Total units required fill in the blank f3342200cfda03b_6 fill in the blank f3342200cfda03b_7   - Select - - Select - Total units to be produced fill in the blank f3342200cfda03b_11 fill in the blank f3342200cfda03b_12

Based on the following production and sales data of Frixion Co. for March of the current year:   Product T Product X Estimated inventory, March 1 28,000 units 20,000 units Desired inventory, March 31 32,000 units 15,000 units Expected sales volume:          Area I 320,000 units 260,000 units      Area II 190,000 units 130,000 units Unit sales price $6 $14    Question Content Area a.  Prepare a sales budget. Frixion Co.Sales BudgetFor the Month Ending March 31 Product and Area Unit Sales Volume Unit Selling Price Total Sales Product T:       Area I fill in the blank ca0b7bf7b025f99_1 $fill in the blank ca0b7bf7b025f99_2 $fill in the blank ca0b7bf7b025f99_3 Area II fill in the blank ca0b7bf7b025f99_4 $fill in the blank ca0b7bf7b025f99_5 fill in the blank ca0b7bf7b025f99_6 Total fill in the blank ca0b7bf7b025f99_7   $fill in the blank ca0b7bf7b025f99_8 Product X:       Area I fill in the blank ca0b7bf7b025f99_9 $fill in the blank ca0b7bf7b025f99_10 $fill in the blank ca0b7bf7b025f99_11 Area II fill in the blank ca0b7bf7b025f99_12 $fill in the blank ca0b7bf7b025f99_13 fill in the blank ca0b7bf7b025f99_14 Total fill in the blank ca0b7bf7b025f99_15   $fill in the blank ca0b7bf7b025f99_16 Total revenue from sales     $fill in the blank ca0b7bf7b025f99_17   Question Content Area b.  Prepare a production budget. Frixion Co.Production BudgetFor the Month Ending March 31   Product T Product X Expected units to be sold fill in the blank f3342200cfda03b_1 fill in the blank f3342200cfda03b_2   - Select - - Select - Total units required fill in the blank f3342200cfda03b_6 fill in the blank f3342200cfda03b_7   - Select - - Select - Total units to be produced fill in the blank f3342200cfda03b_11 fill in the blank f3342200cfda03b_12

FINANCIAL ACCOUNTING
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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  1. Based on the following production and sales data of Frixion Co. for March of the current year:

      Product T Product X
    Estimated inventory, March 1 28,000 units 20,000 units
    Desired inventory, March 31 32,000 units 15,000 units
    Expected sales volume:    
         Area I 320,000 units 260,000 units
         Area II 190,000 units 130,000 units
    Unit sales price $6 $14 

     

    Question Content Area

    a.  Prepare a sales budget.

    Frixion Co.Sales BudgetFor the Month Ending March 31
    Product and Area Unit Sales Volume Unit Selling Price Total Sales
    Product T:      
    Area I fill in the blank ca0b7bf7b025f99_1 $fill in the blank ca0b7bf7b025f99_2 $fill in the blank ca0b7bf7b025f99_3
    Area II fill in the blank ca0b7bf7b025f99_4 $fill in the blank ca0b7bf7b025f99_5 fill in the blank ca0b7bf7b025f99_6
    Total fill in the blank ca0b7bf7b025f99_7   $fill in the blank ca0b7bf7b025f99_8
    Product X:      
    Area I fill in the blank ca0b7bf7b025f99_9 $fill in the blank ca0b7bf7b025f99_10 $fill in the blank ca0b7bf7b025f99_11
    Area II fill in the blank ca0b7bf7b025f99_12 $fill in the blank ca0b7bf7b025f99_13 fill in the blank ca0b7bf7b025f99_14
    Total fill in the blank ca0b7bf7b025f99_15   $fill in the blank ca0b7bf7b025f99_16
    Total revenue from sales     $fill in the blank ca0b7bf7b025f99_17
     

    Question Content Area

    b.  Prepare a production budget.

    Frixion Co.Production BudgetFor the Month Ending March 31
      Product T Product X
    Expected units to be sold fill in the blank f3342200cfda03b_1 fill in the blank f3342200cfda03b_2
     
    		 - Select - - Select -
    Total units required fill in the blank f3342200cfda03b_6 fill in the blank f3342200cfda03b_7
     
    		 - Select - - Select -
    Total units to be produced fill in the blank f3342200cfda03b_11 fill in the blank f3342200cfda03b_12
         
     
     
  2.  
  3.  
  4.  
 
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