June July August September October expects the Units 6,060 6,560 7,260 7,860 8,860 Tigle pro Required Gertrude has an ending finished goods inventory policy of 10% of the next month's sales needs. Each unit requires 5 pounds of Chemical A and 14 pounds of Chemical B. July 1 materials inventory includes 8,600 pounds of Chemical A and 76,000 pounds of Chemical B. Gertrude desires to maintain a Chemical A inventory equal to 20% of next month's production needs and a Chemical inventory equal to 100% of next month's production needs. a. Prepare a production budget for Gertrude Products for the quarter ending September 30. Budgeted unit sales Plus: Ending finished goods inventory Less: Beginning finished goods inventory Budgeted production (units) Gertrude Products Production Budget For the Quarter Ending September 30 July August 6,560 726 7,260 786 September 7,860 886 Total

Q: Read through the following short case, and then answer the questions that follow. a) What would you…

A: Budget: It is an estimate of various financial items for a defined period, say a year or less.…

Q: where  is the excel sheet ,so i can see how you get  the answer.  I want to see the workings  please

A: Excel Workings are provided in the solution in the form of Excel snip. One can use the formula…

Q: Use EMBG's adjusted trial balance to prepare EMBG's balance sheet for the current year-end. EMBG…

A: Definition: Balance sheet: To Know the financial position of the business balance sheet is prepared.…

Q: Can you provide me the full answer for this quiestion

A: Formulas for different financial ratios are as follows.

Q: For the second question, were you able to show how that problem would be worked out?

A: The par value is stated in the corporate charter and the company cannot issue shares below the par…

Q: calculations to these answers?

A: Cost allocation is the process of assigning or distributing the costs to different business units,…

Q: What are the steps to figure this out?

A: Journal: Recording of a business transactions in a chronological order.

Q: hank you for the explanation. Could you also help with option 4-

A: As per our guidelines, we are supposed to answer only 3 sub-parts (if there are multiple sub-parts…

Q: Student ID Day 63638034 Monday 23957096 Thursday 28080825 Monday Exam Score 61 70 1. How many…

A: =COUNTIF is used to count the cells satisfying the given criteria in the given range.

Q: I need step by step on how you came up with the answers.

A: Budgeting - Budgeting is the process of estimating future operations based on past performance. %…

Q: how do you calculate this question with excel formulas

A: Information Provided: Withdraw amount = $10,000 Interest rate = 6% Years for withdraw $10,000 = 5…

Q: Can you please show how to solve question 4, 5, 6a, 6b.

A: Capital budgeting is a financial management process used by organizations to evaluate and make…

Q: Can you show steps on how you got the answers?

A: Workings:

Q: Where does the information on step one comes from?

A: The excess of an asset's expected investment return above the risk-free rate of return is known as…

Q: By chance, do you have the formulas that you used for each answer so i can study it more?

A: Formulae used:

Q: I need help understanding step by step how to slove this

A: Introduction: Direct material: Direct material refers to the material used by the company in…

Q: I need to see the equation used to calculate this for it to make sense to me. Can you please show…

A: A mortgage is a loan for a specific amount of money, and mortgage payments are the repayments of…

Q: can you show formulas used to solve this problem?

A: The concept of the time value of money determines that the worth of money gets depreciated over a…

Q: you!

A: The original question deals with preparation of amortisation schedule.

Q: Explain subsequent events and why these are important? Explain with the help of example.

A: Subsequent events refer to events or transactions that occur after the balance sheet date but before…

Q: How can knowledge open doors ?

A: Solution- Knowledge something that can open many doors, knowledge gives you more opportunities in…

Q: Could you provide the formulas for each of the bold answers?

A: CFS stands for Cash flow statement which refers to the statement states the financial health of the…

Q: What accounts should Free credit to record the issuance of the bonds and warrants? a. Bonds Payable…

A: Bonds payable is a liability account that holds the sum that the issuer owes bondholders.Given that…

Q: In the image you can look at the question . Is asking me to choose the correct answer below and fill…

A: Here, Loan Amount is $165,000 Mortgage A: Time Period (n) is 15 years Interest Rate is 6.25% Closing…

Q: I need help with questions 1 and 2

A: Profitability ratio is a ratio which indicate the return on resources used for productivity in terms…

Q: Please respond via a memo on your thoughts of the GAAP article bellow:

A: Accounting Principles- Accounting principles are the principles that are to be followed by an…

Q: Can you make QBI easier to understand? Can you say what the steps are?

A: QBI means Qualified Business Income, it is a deduction available to eligible tax payers. Sec 199 A…

Inventory Valuation

Before discussing the topic inventory valuation let’s discuss the meaning of inventory. In accounting, inventory is also known as stock. Inventory means all the finished goods, materials, merchandise that a business holds for the purpose of selling it in the market with the motive of earning profit.