1. For next year, if the expected sales quantity is 5,000 units, what is the number of units needed to be produced?2,8005,0003,9006,100 2. Based on the visualization, what is the percentage required for the ending inventory?5% of the expected sales quantity20% of the expected sales quantity10% of the expected sales quantity15% of the expected sales quantity 3.How does the company calculate the total quantity required for the period?It is “Expected sales quantity” minus “Quantity needed to be produced”It is “Expected sales quantity”It is “Expected sales quantity” plus “Quantity required for the ending inventory” minus “Beginning inventory”It is “Expected sales quantity” plus “Quantity required for the ending inventory”. Total Units Needed and Available Total Units RequiredScenario 5Scenario 4Scenario 3Scenario 2Scenario 1OKDescription Scenario 1Total Units Needed and Available 3300Beginning inventory quantity 500Expected sales quantity 3000Quantity needed in ending inventory 300Quantity needed to be produced 2800Total quantity required for the period 33002KDescription Scenario 5Total Units Required 7700Beginning inventory quantity 500Expected sales quantity 7000Quantity needed in ending inventory 700Quantity needed to be produced 7200Total quantity required for the period 77004KDescription Scenario 2Total Units Required 4400Beginning inventory quantity 500Expected sales quantity 4000Quantity needed in ending inventory 400Quantity needed to be produced 3900Total quantity required for the period 4400Description Scenario 3Total Units Required 5500Beginning inventory quantity 500Expected sales quantity 5000Quantity needed in ending inventory 500Quantity needed to be produced 5000Total quantity required for the period 55006KDescription Scenario 4Total Units Required 6600Beginning inventory quantity 500Expected sales quantity 6000Quantity needed in ending inventory 600Quantity needed to be produced 6100Total quantity required for the period 6600InロロYEAAY Filters8K

Name: 1. For next year, if the expected sales quantity is 5,000 units, what
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Description: 1. For next year, if the expected sales quantity is 5,000 units, what is the number of units needed to be produced?2,8005,0003,9006,100 2. Based on the visualization, what is the percentage required for the ending inventory?5% of the expected sales q

Expected sales xxx Add quantity needed in ending inventory xx Total quantity required for the period…

Answered: For next year, if the expected sales…

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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Question

1. For next year, if the expected sales quantity is 5,000 units, what is the number of units needed to be produced?

2,800

5,000

3,900

6,100

2. Based on the visualization, what is the percentage required for the ending inventory?

5% of the expected sales quantity

20% of the expected sales quantity

10% of the expected sales quantity

15% of the expected sales quantity

3.How does the company calculate the total quantity required for the period?

It is “Expected sales quantity” minus “Quantity needed to be produced”

It is “Expected sales quantity”

It is “Expected sales quantity” plus “Quantity required for the ending inventory” minus “Beginning inventory”

It is “Expected sales quantity” plus “Quantity required for the ending inventory”.

Total Units Needed and Available Total Units Required
Scenario 5
Scenario 4
Scenario 3
Scenario 2
Scenario 1
OK
Description Scenario 1
Total Units Needed and Available 3300
Beginning inventory quantity 500
Expected sales quantity 3000
Quantity needed in ending inventory 300
Quantity needed to be produced 2800
Total quantity required for the period 3300
2K
Description Scenario 5
Total Units Required 7700
Beginning inventory quantity 500
Expected sales quantity 7000
Quantity needed in ending inventory 700
Quantity needed to be produced 7200
Total quantity required for the period 7700
4K
Description Scenario 2
Total Units Required 4400
Beginning inventory quantity 500
Expected sales quantity 4000
Quantity needed in ending inventory 400
Quantity needed to be produced 3900
Total quantity required for the period 4400
Description Scenario 3
Total Units Required 5500
Beginning inventory quantity 500
Expected sales quantity 5000
Quantity needed in ending inventory 500
Quantity needed to be produced 5000
Total quantity required for the period 5500
6K
Description Scenario 4
Total Units Required 6600
Beginning inventory quantity 500
Expected sales quantity 6000
Quantity needed in ending inventory 600
Quantity needed to be produced 6100
Total quantity required for the period 6600
In
ロロ
YE
AA
Y Filters
8K

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