Westlake Electronics purchases a single product for $45 and sells it for $72. Forecasted sales for the next three months are October 3,500 units, November 4,800 units, December 5,900 units. Westlake's policy is to have an ending inventory of 30% of the next month's sales needs on hand. October 1 inventory is projected to be 1,050 units. What are budgeted purchases in units for November? a. 4,570 units b. 5,130 units c. 3,840 units d. 6,420 units

Westlake Electronics purchases a single product for $45 and sells it for $72. Forecasted sales for the next three months are October 3,500 units, November 4,800 units, December 5,900 units. Westlake's policy is to have an ending inventory of 30% of the next month's sales needs on hand. October 1 inventory is projected to be 1,050 units. What are budgeted purchases in units for November? a. 4,570 units b. 5,130 units c. 3,840 units d. 6,420 units

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 1E: The sales department of Macro Manufacturing Co. has forecast sales for its single product to be...

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