Cahuilla Corporation predicts the following sales in units for the coming four months: May June July 410 430 370 Sales in units April 370 Each month's ending finished goods inventory should be 30% of the next month's sales, March 31 finished goods inventory is 111 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 220 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: Multiple Choice 360 units. 287 units. 416 units. 539 units. 410 units.

Cahuilla Corporation predicts the following sales in units for the coming four months: May June July 410 430 370 Sales in units April 370 Each month's ending finished goods inventory should be 30% of the next month's sales, March 31 finished goods inventory is 111 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 220 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: Multiple Choice 360 units. 287 units. 416 units. 539 units. 410 units.

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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