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The following is budgeted production and sales information for Octofic Cans, Inc. for the month of March:   Aluminum Tin Estimated beginning inventory 12,000 units 6,000 units Desired ending inventory 15,000 units 4,000 units Region I, anticipated sales 380,000 units 85,000 units Region II, anticipated sales 125,000 units 25,000 units The unit selling price for aluminum cans is $0.15 and for tin cans is $0.20. Budgeted sales for the month are _____. a.$82,750 b.$97,550 c.$123,000 d.$81,550

The following is budgeted production and sales information for Octofic Cans, Inc. for the month of March:   Aluminum Tin Estimated beginning inventory 12,000 units 6,000 units Desired ending inventory 15,000 units 4,000 units Region I, anticipated sales 380,000 units 85,000 units Region II, anticipated sales 125,000 units 25,000 units The unit selling price for aluminum cans is $0.15 and for tin cans is $0.20. Budgeted sales for the month are _____. a.$82,750 b.$97,550 c.$123,000 d.$81,550

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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  1. The following is budgeted production and sales information for Octofic Cans, Inc. for the month of March:

      Aluminum Tin
    Estimated beginning inventory 12,000 units 6,000 units
    Desired ending inventory 15,000 units 4,000 units
    Region I, anticipated sales 380,000 units 85,000 units
    Region II, anticipated sales 125,000 units 25,000 units

    The unit selling price for aluminum cans is $0.15 and for tin cans is $0.20. Budgeted sales for the month are _____.
    a.$82,750
    b.$97,550
    c.$123,000
    d.$81,550
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