The following budgeted production and sales information is for Flushing Company for the month of December: Product XXX Product ZZZ Estimated beginning inventory 32,000 units 18,400 units Desired ending inventory 35,100 units 14,100 units Region I, anticipated sales 345,000 units 266,000 units Region II, anticipated sales 183,000 units 148,000 units The unit selling price for product XXX is $7 and for product ZZZ is $13. Budgeted sales for the month is a. $9,078,000 b. $9,762,000 Oc. $12,246,000 d. $6,594,000
The following budgeted production and sales information is for Flushing Company for the month of December: Product XXX Product ZZZ Estimated beginning inventory 32,000 units 18,400 units Desired ending inventory 35,100 units 14,100 units Region I, anticipated sales 345,000 units 266,000 units Region II, anticipated sales 183,000 units 148,000 units The unit selling price for product XXX is $7 and for product ZZZ is $13. Budgeted sales for the month is a. $9,078,000 b. $9,762,000 Oc. $12,246,000 d. $6,594,000
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter8: Budgeting
Section: Chapter Questions
Problem 5E: Production budget Healthy Measures Inc. produces a Bath and Gym version of its popular electronic...
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Concept explainers
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
Question
Transcribed Image Text:The following budgeted production and sales information is for Flushing Company for the month of December:
Product XXX Product ZZZ
Estimated beginning inventory
32,000 units
18,400 units
Desired ending inventory
35,100 units
14,100 units
Region I, anticipated sales
345,000 units
266,000 units
Region II, anticipated sales
183,000 units
148,000 units
The unit selling price for product XXX is $7 and for product ZZZ is $13.
Budgeted sales for the month is
a. $9,078,000
b. $9,762,000
c. $12,246,000
d. $6,594,000
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