The estimated sales volume of product A is 30 000 units for july 2023 and 50 000 units for august 2023. if policy of management is to maintain an ending finished goods inventory each month pf 40% of the following month's budgeted sales, how many units of product A should be produced during july 2023?

The estimated sales volume of product A is 30 000 units for july 2023 and 50 000 units for august 2023. if policy of management is to maintain an ending finished goods inventory each month pf 40% of the following month's budgeted sales, how many units of product A should be produced during july 2023?

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter7: The Master Budget And Flexible Budgeting

Section: Chapter Questions

Problem 10Q: If the sales forecast estimates that 50,000 units of product will be sold during the following year,...

See similar textbooks

Similar questions

The estimated sales volume of Product A is 30 000 units for July 2023 and 50 000 units for August 2023. If the policy of management is to maintain an ending finished goods inventory each month of 40% of the following month's budgeted sales, how many units of Product A should be produced during July 2023?
Blossom Company estimates that unit sales will be 8,000 in quarter 1, 11,200 in quarter 2, 12,000 in quarter 3, and 14,400 in quarter 4. The sales price is $70 per unit. Management desires to have an ending finished goods inventory equal to 25% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first 6 months of 2022. Expected Unit Sales Add V: Desired Ending Finished Goods Inventory Total Required Units Less V: Beginning Finished Goods Inventory Required Production Units BLOSSOM COMPANY Production Budget For the Six Months Ending June 30, 2022 V 1 8000 2800 10800 Quarter D 11200 3000 14200 Six Months
Vaughan company estimates that unit sales will be 10,500 in quarter 1; 11,400 in quarter 2; 13,400 in quarter 3; and 18600 in quarter 4. management wnta to have an ending finished goods inventory equal to 21% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first six months of 2022
Use the information provided below to calculate the number of units of Product Blue that must be produced for September and October 2023. The estimated sales volume of Product Blue is 25 000 units for August, 21 000 units for September, 30 000 units for 0ctober and 36 000 units for November. The management policy maintains an ending finished goods inventory each month equalling to 20% of the current month’s budgeted sales and 30% of the following month’s budgeted sales.
Waterway Company estimates that unit sales will be 10, 100 in quarter 1;12,500 in quarter 2:14,200 in quarter 3; and 17,700 in quarter 4. Management wants to have an ending finished goods inventory equal to 21% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first six months of 2022
Novak Company estimates that unit sales will be 9,600 in quarter 1; 12,600 in quarter 2; 14,100 in quarter 3; and 18,100 in quarter 4. Management wants to have an ending finished goods inventory equal to 20% of the next quarter’s expected unit sales. Prepare a production budget by quarters for the first six months of 2022.
Coronado Company estimates that unit sales will be 11,800 in quarter 1, 16,520 in quarter 2, 17,700 in quarter 3, and 21,240 in quarter 4. The unit selling price is $70. Management desires to have an ending finished goods inventory equal to 25% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first 6 months of 2025,
Hayma Company's sales budget for 2022 in units for the next five months is as follows: January 20,000, February 26,000, March 32,000, April 40,000 and May 42,000. The Company's ending finished goods inventory policy is set for 25% of the following month's sales. January 1 beginning inventory is 2,800 units. How many units will be produced in January? Ru O a. 40,500 O b. 16,300 1 Oc. None of the given answers. O d. 34,000 O e. 23,700 O f. 27,500
Whispering Winds Company estimates that unit sales will be 10,500 in quarter 1; 12,600 in quarter 2; 13,800 in quarter 3; and 17,800 in quarter 4. Management wants to have an ending finished goods inventory equal to 21% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first six months of 2022. WHISPERING WINDS COMPANY Production Budget For the Six Months Ending June 30, 2022 Quarter 1 2 Total
Hayma Company's sales budget for 2022 in units for the next five months is as follows: January 20,000, February 26,000, March 32,000, April 40,000 and May 42,000. The Company's ending finished goods inventory policy is set for 25% of the following month's sales. January 1 beginning inventory is 2,800 units. How many units will be produced in March? O a. 34,000 O b. 24,700 O c. 40,500 O d. 30,000 O e. None of the given answers. O f. 27,500
Hayma Company's sales budget for 2022 in units for the next five months is as follows: January 20,000, February 26,000, March 32,000, April 40,000 and May 42,000. The Company's ending finished goods inventory policy is set for 25% of the following month's sales. January 1 beginning inventory is 2,800 units. How many units will be produced in March? O a. 27,500 O b. 30,000 Oc. 24,700 O d. None of the given answers. O e. 40,500 O f. 34,000 Company XYZ produces and sells wireless earphones. The selling price per unit is $5 and the total fixed costs are $20,000. Assuming a variable cost ratio of 70%, what is the breakeven point in ($) value? (round figures to the nearest number) on Finis
Blossom Company estimates that 2020 sales will be $40000 in quarter 1, $48000 in quarter 2, and $58000 in quarter 3. Cost of goods sold is 50% of sales. Management desires to have ending finished goods inventory equal to 12% of the next quarter’s expected cost of goods sold. Prepare a merchandise purchases budget by quarter for the first 6 months of 2020.