SALES PROJECTIONS Wilson Sports basketball sales in August were 152,000 units. Sales are expected to grow by 1.5% in September. October sales are expected to be 1,000 units less than in September. November sales will be 1% more than October. The selling price of the basketballs will remain the same $30 per unit. December sales projection is 157,000 units. INVENTORY POLICIES FINISHED GOODS MAINTAIN AND ENDING INVENTORY EQUAL TO 25% OF NEXT MONTH SALES ACTUAL BEGINNING INVENTORY 38,500 UNITS REQUIREMENTS Each basketball requires 15 minutes of labor at a rate of $12.00 per hour CALCULATE DIRECT LABOR COST FOR NOVEMBER ROUNDED TO ZERO DECIMAL PLACES DON'T USE COMMA SEPARATORS
SALES PROJECTIONS Wilson Sports basketball sales in August were 152,000 units. Sales are expected to grow by 1.5% in September. October sales are expected to be 1,000 units less than in September. November sales will be 1% more than October. The selling price of the basketballs will remain the same $30 per unit. December sales projection is 157,000 units. INVENTORY POLICIES FINISHED GOODS MAINTAIN AND ENDING INVENTORY EQUAL TO 25% OF NEXT MONTH SALES ACTUAL BEGINNING INVENTORY 38,500 UNITS REQUIREMENTS Each basketball requires 15 minutes of labor at a rate of $12.00 per hour CALCULATE DIRECT LABOR COST FOR NOVEMBER ROUNDED TO ZERO DECIMAL PLACES DON'T USE COMMA SEPARATORS
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
A 52.
Subject:- finance
Transcribed Image Text:SALES PROJECTIONS
Wilson Sports basketball sales in August were 152,000 units. Sales are expected to grow by 1.5% in September. October
sales are expected to be 1,000 units less than in September. November sales will be 1% more than October. The selling price
of the basketballs will remain the same $30 per unit. December sales projection is 157,000 units.
INVENTORY POLICIES
FINISHED GOODS
MAINTAIN AND ENDING INVENTORY EQUAL TO 25% OF NEXT MONTH SALES
ACTUAL BEGINNING INVENTORY 38,500 UNITS
REQUIREMENTS
Each basketball requires 15 minutes of labor at a rate of $12.00 per hour
CALCULATE DIRECT LABOR COST FOR NOVEMBER ROUNDED TO ZERO DECIMAL PLACES
DON'T USE COMMA SEPARATORS
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