Cardie Corporation makes one product. Budgeted unit sales are shown below.January7, 380FebruaryMarchAprilBudgeted unit sales8,6001e,18013,600The ending finished goods inventory should equal 30% of the following month's sales The budgeted required production for February is closest to:Multiple Choice8,600 units9,050 units11,630 units14,210 units

In this question production for a month shall be equal to current month's sales+closing…

Answered: The budgeted required production for…

Business

Accounting

The budgeted required production for February is closest to:

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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Davol Corporation is preparing its Manufacturing Overhead Budget for the fourth quarter of the year. The budgeted variable manufacturing overhead rate is $6.80 per direct labor-hour; the budgeted fixed manufacturing overhead is $72,000 per month, of which $20,000 is factory depreciation. If the budgeted direct labor time for October is 5,000 hours, then the total budgeted manufacturing overhead for October is:
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Ruozzo Corporation is a service company that measures its output by the number of customers served. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for July. Variable Element per Fixed Element Customer Actual Total per Month Served for July Revenue $ 4,500 $ 900 $ 500 $ 100,000 $ 63,300 $ 11,500 $ 37,900 Employee salaries and wages Travel expenses $ 43,100 Other expenses $ 36,900 When the company prepared its planning budget at the beginning of July, it assumed that 27 customers would have been served. However, 22 customers were actually N served during July. The activity variance for net operating income for July would have been closest to:
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