Paramount Industries budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in units) are planned for next year: Beginning Inventory Ending Inventory Raw material 95,000 Finished goods 175,000 105,000 140,000 Three pounds of raw material are needed to produce each unit of finished product. If Paramount Industries plans to sell 880,000 units during next year, the number of units it would have to manufacture during the year would be: a. 810,000 units b. 845,000 units C. 905,000 units d. 845,000 units

Paramount Industries budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in units) are planned for next year: Beginning Inventory Ending Inventory Raw material 95,000 Finished goods 175,000 105,000 140,000 Three pounds of raw material are needed to produce each unit of finished product. If Paramount Industries plans to sell 880,000 units during next year, the number of units it would have to manufacture during the year would be: a. 810,000 units b. 845,000 units C. 905,000 units d. 845,000 units

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter8: Budgeting For Planning And Control

Section: Chapter Questions

Problem 15E: Palmgren Company produces consumer products. The sales budget for four months of the year is...

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Palmgren Company produces consumer products. The sales budget for four months of the year is presented below. Company policy requires that ending inventories for each month be 25 percent of next months sales. At the beginning of July, the beginning inventory of consumer products met that policy. Required: Prepare a production budget for the third quarter of the year. Show the number of units that should be produced each month as well as for the quarter in total.
The number of units it would have to manufacture during tha year would be
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Gardner Corporation budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in units) are planned for next year. Beginning Inventory Ending Inventory Raw material* 48,000 58,000 Finished goods 88,000 58,000 * Three pounds of raw material are needed to produce each unit of finished product. If Gardner Corporation plans to sell 520,000 units during next year, the number of units it would have to manufacture during the year would be:
The following beginning and ending inventory levels are planned for next year
Paradise Corporation budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in units) are planned for next year. Beginning Inventory Inventory Ending Raw material* 53,000 63,000 63,000 Finished goods 93,000 * Three pounds of raw material are needed to produce each unit of finished product. If Paradise Corporation plans to sell 545,000 units during next year, the number of units it would have to manufacture during the year would be: Multiple Choice 545,000 units 492,000 units 575,000 units 515,000 units
Paradise Corporation budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in units) are planned for next year. Beginning Ending Inventory Inventory Raw material* 58,000 68,000 Finished goods 98,000 68,000 * Three pounds of raw material are needed to produce each unit of finished product. If Paradise Corporation plans to sell 570,000 units during next year, the number of units it would have to manufacture during the year would be: Multiple Choice O 600,000 units 540,000 units 512,000 units 570,000 units
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Paradise Corporation budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in units) are planned for next year. a. b. Raw material* Finished goods C. d. Beginning Inventory 500,000 units 520,000 units 510,000 units 570,000 units 30,000 70,000 * Three pounds of raw material are needed to produce each unit of finished product. If Paradise Corporation plans to sell 510,000 units during next year, the number of units it would have to manufacture during the year would be: Ending Inventory 40,000 60,000
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