Jan Fêb Mar Apr May June TS: 6,000 7,000 8,000 7,000 5,000 4,000 Corp. has a policy of maintaining an inventory of finished goods equal to 40 of the next month's budgeted sales.
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- FRANCORP is preparing budgets for the quarter ending March 31. Budgeted sales for the next 5 months are as follows: January February March April May 16250 units 16950 units 17200 units 18350 units 17900 units The selling price per unit is $15. Determine the total budgeted sales for the month of March. O $195.500 O $200,900 $238,550 O $258,000Rishi Sunak Manufacturing Pte. Ltd. is preparing its budget for next year. The company estimates that it will be making the following raw materials purchases in the last five months of 2021: $200,000 in August, $220,000 in September, $250,000 in October, $280,000 in November and $240,000 in December. The company anticipates that it will pay 55% of what is owed one month after the month of purchase, 30% of what is owed two months after the month of purchase and the remaining 15% three months after the month of purchase. What figure will be presented in the company’s cash budget for payments for raw materials purchases in December 2021? $233,500 $253,500 $262,000 $403,500Majan company has budgeted sales in units for the next five months as follows: June 5,400 units July 6,500 units August 7,000 units September 8,200 units October 4,800 units Past experience has shown that the ending inventory for each month should be equal to 10% of the next month's sales in units. The inventory on May 31 is 400 units. The company needs to prepare a Production Budget for the next five months. The total number of units to be produced in August is a. 7,120 units b. 7,420 units c. 7,170 units d. 8,520 units W P
- on 4 obinson Corp., which operates on a calendar year, expects to sell 1380 units in October, and expects sales to increase 130 units each month thereafter. Sales price expected to stay constant at $7 per unit. What are budgeted sales revenue for the fourth quarter? << < Question 4 of 5The Company has budgeted unit sales for the next four months as follows: October 4,800 units November 5,800 units December 6,400 units January 5,200 units The ending inventory for each month should be equal to 15% of the next month's sales in units. The inventory on September 30 was below this level and contained only 600 units. What are the total units to be produced in October?Aggrava Limited is currently preparing budgets for September to December. Its estimated sales figures in units are as follows: (financial information) = September October November December Sales (units) 5,569 14,234 14,847 15,121 Inventories at 31 August totalled 16,234 units, and inventories are to be kept at a constant level for all months except December, when opening inventories on 1 December are to be increased to 23,118. Inventories will revert to the normal level on 31 December. Inventories will cost £2 per unit throughout the period, and suppliers allow Aggrava Ltd to pay in the month following an order. Other relevant information is that 3,497 units were bought in August. Requirement 1: Prepare Aggrava Ltd's inventories budget (in units) for September to December. Requirement 2: Prepare the information relevant to inventories purchases that would appear in the cash budget for the period. Question content area bottom Part…
- Budget for the month of January 2020: beginning FG is 50,000 units; Sold units totaled 80,000 units and Ending FG in units is 40,000.Budgeted Cost of production are: DM is 20 per unit; DL of 30 per unit and VOH is 15 per unit. Budgeted FOH is 90,000.What is the budgeted production cost?FRANCORP is preparing budgets for the quarter ending March 31. Budgeted sales for the next 5 months are as follows: January February March 16250 units 16950 units 17200 units 18350 units 17900 units April May The selling price per unit is $15. Determine the total budgeted sales for the entire quarter ending March 31st. O $756,000 O $815,000 O $850,350 O $750,550Reham Co is preparing its direct labor budget for 2020 from the following production budget based on a calendar year. Quarter Units 1 20,000 2 25,000 3 35,000 4 30,000 Each unit requires 1.5 hours of direct labor. Wage rates are expected to be OMR16 for the first 2 quarters and OMR18for quarters 3 and 4. What is the Budgeted Total Direct Labor Cost for Quarter 4
- Perez Company, which expects to start operations on January 1, 2018, will sell digital cameras in shopping malls. Perez has budgeted sales as indicated in the following table. The company expects a 12 percent increase in sales per month for February and March. The ratio of cash sales to sales on account will remain stable from January through March. Required a. Complete the sales budget by filling in the missing amounts. b. Determine the amount of sales revenue Perez will report on its first quarter pro forma income statement. Complete this question by entering your answers in the tabs below. Required A Required B Complete the sales budget by filling in the missing amounts. (Round intermediate calculations and final answers to 2 decimal places.) Sales January February March $ 46,000 116,000 Cash sales Sales on account Total budgeted sales $ 162,000Dolson Appliances makes coffee machines for offices and homes. For next year, the production budget is 141,000 units. Beginning inventories will be 18,000 units and the desired ending inventory will be 16,000 units. Required: What is the sales budget for the coming year for Dolson Appliances? Sales budget unitsSingal Inc. is preparing its cash budget. It expects to have sales of $32,500 in January, $50,000 in February, and $47,500 in March. If 20% of sales are for cash, 40% are credit sales paid in the month after the sale, and another 40% are credit sales paid 2 months after the sale, what are the expected cash receipts for March? a. $26,000 b. $47,500 c. $42,500 d. $72,000 e. $46,000
