National Company manufactures Copper masks The company has a policy of maintaining a finished goods inventory equal to 40 percent of the next month's planned sales. Each copper masks requires 3 hours of labor. The budgeted labor rate for the coming year is P13 per hour. Planned sales for the months of April, May, and June are respectively 4,000; 5,000; and 3,000 units. The budgeted direct labor cost for June for National Company is P136,500. What are budgeted sales for July for National Company?
National Company manufactures Copper masks The company has a policy of maintaining a finished goods inventory equal to 40 percent of the next month's planned sales. Each copper masks requires 3 hours of labor. The budgeted labor rate for the coming year is P13 per hour. Planned sales for the months of April, May, and June are respectively 4,000; 5,000; and 3,000 units. The budgeted direct labor cost for June for National Company is P136,500. What are budgeted sales for July for National Company?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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National Company manufactures Copper masks The company has a policy of maintaining a finished goods inventory equal to 40 percent of the next month's planned sales. Each copper masks requires 3 hours of labor. The budgeted labor rate for the coming year is P13 per hour. Planned sales for the months of April, May, and June are respectively 4,000; 5,000; and 3,000 units. The budgeted direct labor cost for June for National Company is P136,500. What are budgeted sales for July for National Company?
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