Bidbid Company's production budget for month of February is 37,000 units, and the Company's ending finished goods inventory policy is 10% of the following month's sales. The company plans to sell 10,000 units in March. How many units will be sold in February? O a. 25,250 O b. 40,000 O c. 12,750 O d. 30,000 O e. None of the given answers. 11:30 O search dx ENG 22-05-2021

Bidbid Company's production budget for month of February is 37,000 units, and the Company's ending finished goods inventory policy is 10% of the following month's sales. The company plans to sell 10,000 units in March. How many units will be sold in February? O a. 25,250 O b. 40,000 O c. 12,750 O d. 30,000 O e. None of the given answers. 11:30 O search dx ENG 22-05-2021

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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repruary 6,300 6,100 5,500 March April May Wesley's ending finished goods inventory policy is 25 percent of the next month's sales. Suppose each handisaw takes approximately 0.60 hours to manufacture, and Wesley pays an average labor wage of $26 per hour. Each handisaw requires a plastic housing that Wesley purchases from a supplier at a cost of $6.00 each. The company has an ending direct materials inventory policy of 20 percent of the following month's production requirements. Materials other than the housing unit total $4.50 per handisaw. Manufacturing overhead for this product includes $72,000 annual fixed overhead (based on production of 27,000 units) and $1.20 per unit variable manufacturing overhead. Wesley's selling expenses are 7 percent of sales dollars, and administrative expenses are fixed at $18,000 per month. Required: Compute the following for the first quarter: (Round your intermediate calculations to nearest whole dollar.) January February March 1st Quarter total 1.…
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My Home CengageNOWv21Online teachir x cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker3&takeAssignmentSessionLocator=&inpro.. to MZE Manufacturing Company has a normal plant capacity of 37,500 units per month. Because of an extra-large quantity of inventory on hand, it expects to produce only 30,000 units in May. Monthly fixed costs and expenses are $112,500 ($3.00 per unit at normal plant capacity) and variable costs and expenses are $8.25 per unit. The present selling price is $13.50 per unit. The company has an opportunity to sell 7,500 additional units at $9.90 per unit to an exporter who plans to market the product under its own brand name in a foreigrn market. The additional business is therefore not expected to affect the regular selling price or quantity of sales of MZE Manufacturing Company. Prepare a differential analysis report dated April 21 of the current year. If an amount is zero, enter "0". If required, use a minus sign to indicate a loss. Differential…
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