Blue Ridge Furniture Inc. plans to sell 5,500 oak tables during August, 4,200 in September, and 5,800 during October. The company keeps 20% of the next month's sales as ending inventory. How many units should Blue Ridge produce during September?
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How many units should blue ridge produce during September on these accounting question?
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- Rehydrator makes a nutrition additive and expects to sell 3,000 units in January, 2,000 in February, 2,500 in March, 2,700 in April. and 2,900 in May. The required ending inventory is 20% of the next months sales, and the beginning inventory on January 1 was 600 units. Prepare a production budget for the first four months of the year.If the sales forecast estimates that 50,000 units of product will be sold during the following year, should the factory plan on manufacturing 50,000 units in the coming year? Explain.Halifax Shoes has 30% of its sales in cash and the remainder on credit. Of the credit sales, 65% is collected in the month of sale, 25% is collected the month after the sale, and 5% is collected the second month after the sale. How much cash will be collected in August if sales are estimated as $75,000 in June, $65,000 in July, and $90,000 in August?
- Earthies Shoes has 55% of its sales in cash and the remainder on credit. Of the credit sales, 70% is collected in the month of sale, 15% is collected the month after the sale, and 10% is collected the second month after the sale. How much cash will be collected in June if sales are estimated as $75,000 in April, $65,000 in May, and $90,000 in June?Lorie Nursery plans to sell 320 potted plants during April and 240 units in May. Lorie Nursery keeps 15% of the next month's sales as ending inventory. How many units should Lorie Nursery produce during April?Colorado Nursery plans to sell 380 plants during April and 240 units in May. Coronado keeps 25% of the next month's sales as ending inventory. How many units should Coronado produce during April?
- Singh company plans to sellEcology Co. sells a biodegradable product called Dissol and has predicted the following sales for the first four months of the current year: Sales in units O 3,010 O 3,100 O 3,190 O 2,830 O 3,700 Jan. 2,500 Ending inventory for each month should be 15% of the next month's sales, and the December 31 inventory is consistent with that policy. How many units should be purchased in February? Question 8 Feb. 3,100 March. 3,700 April. 2,800 F6 F7 F8The Posh Cushion Company manufactures foam cushions. The number of cushions to be produced in the upcoming three months follows: Number of foam cushions to be produced in July Number of foam cushions to be produced in August Number of foam cushions to be produced in September 13,000 15,000 7,000 Each cushion requires 2 pounds of the foam used as stuffing. The company has a policy that the ending inventory of foam each month must be equal to 15% of the following month's expected production needs. How many pounds of foam does The Posh Cushion Company need to purchase in August? OA. 32,100 B. 34,500 OC. 25,500 OD. 27,600
- Swansong plans to sell 10,000 units of a particular product during July, and expects sales to increase at the rate of 10% per month during the remainder of the year. The June 30 and September 30 ending inventories are anticipated to be 950 units and 1,100 units, respectively. On the basis of this information, how many units should Swansong purchase for the quarter ended September 30? Select one: a. 34,750 units b. 31,850 units c. 33,250 units d. 32,950 unitsSheridan Company plans to sell 12000 lawn chairs during May, 9700 in June, and 6000 during July. The company keeps 15% of the next month’s sales as ending inventory. How many units should Sheridan produce during June? a. 10255 b. 9145 c. Not enough information to determine d. 10600Douglas Company plans to sell 24,000 units of Product A during July and 30,000 units during August. Sales of Product A during June were 25,000 units. Past experience has shown that end-of-month inventory should equal 3,000 units plus 30% of the next month's sales. On June 30 this requirement was met. Based on these data, how many units of Product A must be produced during the month of July?
