One Device makes universal remote controls and expects to sell 764 units in January, 960 in February, 404 in March, 648 in April, and 858 in May. The required ending inventory is 11% of the next month's sales. Calculate the total production for the first four months (January, February, March and April). Round to the nearest hundreth, two decimal places.
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- The Posh Cushion Company manufactures foam cushions. The number of cushions to be produced in the upcoming three months follows: Number of foam cushions to be produced in July Number of foam cushions to be produced in August Number of foam cushions to be produced in September 13,000 15,000 7,000 Each cushion requires 2 pounds of the foam used as stuffing. The company has a policy that the ending inventory of foam each month must be equal to 15% of the following month's expected production needs. How many pounds of foam does The Posh Cushion Company need to purchase in August? OA. 32,100 B. 34,500 OC. 25,500 OD. 27,600Muscat Manufacturing plans to sell 6,000 chairs during May, 5,700 in June, and 6,000 during July. The company keeps 15% of the next month's sales as ending inventory. How many units should Muscat produce during June?Rocker Company expects to sell 7,000 units for $180 each for a total of $1,260,000 in January and 1,500 units for $190 each for a total of $285,000 in February. The company expects cost of goods sold to average 60% of sale revenue, and the company expects to sell 4,300 units in March for $260 each. Rocker's target ending inventory is $15,000 plus 50% of the next month's cost of goods sold Prepare Rocker's inventory, purchases, and cost of goods sold budget for January and February Rocker Company Inventory, Purchases, and Cost of Goods Sold Budget Two months Ended January 31 and February 28 January February Cost of goods soid Plus: Desired ending merchandise inventory Total merchandise inventory required Less: Beginning merchandise inventory Budgeted purchases Your protection has expire Don't leave your devices exposed to virus Uneretested devices are perfect targets for
- Desiccate purchases direct materials each month. Its payment history shows that 70% is paid in the month of purchase with the remaining balance paid the month after purchase. Prepare a cash payment schedule for March if in January through March, it purchased $35,304, $36,973, and $39,905, respectively. Round to the nearest penny, two decimal places.Graham Company projects the following sales for the first three months of the year: $10,600 in January: $14,600 in February; and $16,300 in March. The company expects 80% of the sales to be cash and the remainder on account. Sales on account are collected 50% in the month of the sale and 50% in the following month. The Accounts Receivable account has a zero balance on January 1. Round to the nearest dollar. Read the requirements. Requirement 1. Prepare a schedule of cash receipts for Graham for January, February, and March. What is the balance in Accounts Receivable on March 31? (If an input field is not used, leave the input field empty. Do not enter a zero.) Cash Receipts from Customers Total sales Cash Receipts from Customers: Accounts Receivable balance, January 1 January-Cash sales January-Credit sales, collection of January sales in January January-Credit sales, collection of January sales in February February-Cash sales February-Credit sales, collection of February sales in…TimsTabletCo (TTC) produces tablet computers, and it must determine the number of units to be produced during each of the next four months. The following table gives the monthly demand and the monthly cost of producing each unit: Month 1 2 3 4 Demand (in units) 5000 2000 6000 1000 Production Cost (dollars per unit) 400 600 200 300 At the start, before Month 1, TTC has an inventory of 2000 units. Each month, up to 4000 units can be produced. TTC can use the units produced in a particular month in two ways: either use some units to satisfy the demand in the same month, or store some units in inventory for future use. The cost of storing units in inventory is $100 per unit per month. (a) Formulate an LP problem (P) to minimize the total cost of meeting the demands of the next four months. (b) Write the dual LP (D) of (P).
- Neu Fabrication Company operates 360 days a year and uses 150 cartridges each day. Using a continuous inventory system, Neu orders 10,800 cartridges at a time. The orders are timed so that the new cartridges arrive just as inventory runs out (i.e. inventory level = 0), and replenishment is instantaneous. If Co= $1,400, what is the total ordering cost for all orders in a year (i.e. the Annual Ordering Cost)? O $1400 $7000 $2800 $500ABCL Corporation predicts the following sales in units for the coming four months: May June July August September Unit sales …… 400 500 520 480 540 Finished goods inventory on April 30: 120 units Raw materials inventory on April 30: 450 pounds Desired ending inventory each month: Finished goods: 30% of next month's sales Raw materials: 25% of next month's production needs Number of pounds of raw material required per finished unit: 4 lbs. Required: How many pounds of raw materials should be purchased in May?Wisdom Corporation plans to sell 23,000 units during August. If the company has 8,000 units on hand at the start of the month, and plans to have 9,000 units on hand at the end of the month, how many units must be produced during the month? O 24,000 O 22,000 O 32,000 O 31,000
- The Company manufactures foam cushions. The number of cushions to be produced in the upcoming three months follows: Number of foam cushions to be produced in July 13,000 Number of foam cushions to be produced in August 19,000 Number of foam cushions to be produced in September 12,000 Each cushion requires 2 pounds of the foam used as stuffing. The Company has a policy that the ending inventory of foam each month must be equal to 30% of the following month's expected production needs. How many pounds of foam does the Company need to purchase in August?Becker Bikes manufactures tricycles. The company expects to sell 550 units in May and 680 units in June. Beginning and ending finished goods for May are expected to be 195 and 160 units, respectively. June's ending finished goods are expected to be 170 units. Each unit requires 3 wheels at a cost of $25 per wheel. Becker requires 20 percent of next month's material production needs on hand each month. July's production units are expected to be 650 units. Compute Becker's direct materials purchases budget with respect to wheels for May and June. Budgeted cost of wheels purchased May JuneCahuilla Corporation predicts the following sales in units for the coming four months: April May June July 330 370 398 330 Sales in Units Each month's ending finished goods inventory should be 30% of the next month's sales. March 31 finished goods inventory is 99 units. A finished unit requires 5 pounds of direct material B at a cost of $3.00 per pound. The March 31 Raw Materials Inventory has 290 pounds of B. Each month's ending Raw Materials Inventory should be 20% of the following month's production needs. The budgeted production for May is: