Lea Company produces hand tools. Budgeted sales for March are 10,000 units. Beginning finished goods inventory in March is budgeted to be 1,300 units, and ending finished goods inventory is budgeted to be 1,400 units. How many units will be produced in March? Multiple Choice 9,900 10.000 10.100 G

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
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Chapter7: Budgeting
Section: Chapter Questions
Problem 2PA: The data shown were obtained from the financial records of Italian Exports, Inc., for March: Sales...
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Lea Company produces hand tools. Budgeted sales for March are 10,000 units. Beginning finished goods inventory in March is
budgeted to be 1,300 units, and ending finished goods inventory is budgeted to be 1,400 units. How many units will be produced
in March?
Multiple Choice
9,900
10.000
10.100
Transcribed Image Text:Lea Company produces hand tools. Budgeted sales for March are 10,000 units. Beginning finished goods inventory in March is budgeted to be 1,300 units, and ending finished goods inventory is budgeted to be 1,400 units. How many units will be produced in March? Multiple Choice 9,900 10.000 10.100
Parker Corporation, which operates on a calendar year, expects to sell 4,000 units in October, and expects sales to increase 20%
each month thereafter. Sales price is expected to stay constant at $8 per unit. What are budgeted revenues for the fourth
quarter?
Multiple Choice
$32,000
$96.000
CHE 300
Submit
Transcribed Image Text:Parker Corporation, which operates on a calendar year, expects to sell 4,000 units in October, and expects sales to increase 20% each month thereafter. Sales price is expected to stay constant at $8 per unit. What are budgeted revenues for the fourth quarter? Multiple Choice $32,000 $96.000 CHE 300 Submit
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