How much is budgeted sales revenue for the third quarter

Assignment Help Accounting Basics
Reference no: EM132043193

Question - At January 1, 2006, Stuart Corporation has beginning inventory of 4,000 widgets. Stuart Corporation estimates it will sell 35,000 units during the first quarter of 2006 with a 10% increase in sales each quarter. Stuart Corporation has a policy to maintain an ending inventory equal to 25% of the next quarter's sales. Each widget costs $1 and is sold for $1.50. How much is budgeted sales revenue for the third quarter of 2006?

$42,350

$57,525

$63,525

$63,000

Reference no: EM132043193

Questions Cloud

What total amount to be budgeted for manufacturing overhead : Sudler has 2,600 pounds of clay mix in beginning inventory, What is the total amount to be budgeted for manufacturing overhead for the month
Why do you need to research new policy trends : Why do you need to research new policy trends and what would you do with the information you found?
How will you use organizing as a manager : What type of planning activities will you need to use as a manager?How will you use organizing as a manager?
Where do you see excess space or other assets : What other industries do you think could productively use this approach? How would it change customers' perceptions if it did?
How much is budgeted sales revenue for the third quarter : At January 1, 2006, Stuart Corporation has beginning inventory of 4,000 widgets. How much is budgeted sales revenue for the third quarter of 2006
How much is the budgeted manufacturing cost for a month : Factory supervisory salaries 2,000, How much is the budgeted manufacturing cost for a month when 900 units are produced
Why is it important to study the internal resources : Why is it important to study the internal resources, capabilities, and activities of firms? What insights can be gained?
How many units should the company produce during may : The production budget shows that expected unit sales are 86,000 for May and 87,000 for June. How many units should the company produce during May
What was it about its unique selling proposition : The concept of integrated marketing communications is more than just putting together good ad campaigns.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Will the company be able to pay its debts as they come due

Will the company be able to pay its debts as they come due? Which of the following activities involves collecting the necessary funds to support the business?

  Did the stocks with the highest risk earn greatest return

Choose three NYSE-listed stocks and maintain a record of their dividend payments, if any, and closing prices each week over the next six weeks.

  In step 1 net income before taxes was computed by multi

in step 1 net income before taxes was computed by multi plyingnet income of 33000000 by 100 and then dividing by 66000.

  On july 1 2009 a corporation issued 800000 of 9 8 yearbonds

on july 1 2009 a corporation issued 800000 of 9 8 yearbonds to yield 10. interest is paid semiannually on december

  Wilmington chemical company manufactures specialty

wilmington chemical company manufactures specialty chemicals by a series of three processes all materials being

  More substantial improvements in employee motivation

Claussen essentially designed the program on his own, with very little research into goal setting and motivation. Based on your textbook, how well has he done? Which parts of the program appear to fit well with research evidence on goal setting? ..

  What was the total amount of the period costs

Consider the following costs incurred in a recent period: Depreciation on factory equipment $ 12,000. What was the total amount of the period costs

  Technical article document: frequent shopper program

Kudler Fine Foods (KFF) is a specialty food store chain in the San Diego, California. KFF contracted Smith Systems Consulting to develop the Frequent Shopper Program (FSP). FSP will monitor customer purchasing history and accumulate them as rede..

  The cord wrapped around the drum

Determine the force P that must be applied to the cord wrapped around the drum at C which is necessary to lift the bucket having a mass m. Note that as the bucket is lifted, the pulley rolls on a cord that winds up on shaft B and unwinds from shaf..

  Write a sentence to explain to the parents

After examining a child at his 2-year checkup, the boy's pediatrician said that thez-score for his height relative to American 2-year-olds was - 1.88. Write a sentence to ex- plain to the parents what that means

  What is the net present value of this investment opportunity

What is the net present value of this investment opportunity? Based on your answer to (a) above, should Axillar go ahead with the new conditioning shampoo

  Specific products in the process

What amount of costs should be traced to specific products in the process?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd