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С. Target Lev Given the following information, estimate the quarterly production in 2016. 450 000 units a. Inventories, December 31, 2015 b. Projected Quarterly Sales and Target Level of Ending Inventories in 2016: Target Level of Ending Inventories Quarter Projected Sales Quarter 1 3 500 000 500 000 Quarter 2 4 500 000 500 000 Quarter 3 5 000 000 1 000 000 Quarter 4 8 000 000 550 000 Requirements: a. Determine the production for each quarter in 2016. b. How many units are expected to be produced in 2016? C. How many units are expected to be sold in 2016?

С. Target Lev Given the following information, estimate the quarterly production in 2016. 450 000 units a. Inventories, December 31, 2015 b. Projected Quarterly Sales and Target Level of Ending Inventories in 2016: Target Level of Ending Inventories Quarter Projected Sales Quarter 1 3 500 000 500 000 Quarter 2 4 500 000 500 000 Quarter 3 5 000 000 1 000 000 Quarter 4 8 000 000 550 000 Requirements: a. Determine the production for each quarter in 2016. b. How many units are expected to be produced in 2016? C. How many units are expected to be sold in 2016?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Target Level of Endil с. 2. Given the following information, estimate the quarterly production in 2016. 450 000 units a. Inventories, December 31, 2015 b. Projected Quarterly Sales and Target Level of Ending Inventories in 2016: Target Level of Ending Inventories Quarter Projected Sales 500 000 Quarter 1 Quarter 2 Quarter 3 Quarter 4 3 500 000 4 500 000 500 000 5 000 000 1000 000 8 000 000 550 000 Requirements: Determine the production for each quarter in 2016. a. b. How many units are expected to be produced in 2016? С. How many units are expected to be sold in 2016?
Transcribed Image Text:Target Level of Endil с. 2. Given the following information, estimate the quarterly production in 2016. 450 000 units a. Inventories, December 31, 2015 b. Projected Quarterly Sales and Target Level of Ending Inventories in 2016: Target Level of Ending Inventories Quarter Projected Sales 500 000 Quarter 1 Quarter 2 Quarter 3 Quarter 4 3 500 000 4 500 000 500 000 5 000 000 1000 000 8 000 000 550 000 Requirements: Determine the production for each quarter in 2016. a. b. How many units are expected to be produced in 2016? С. How many units are expected to be sold in 2016?
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