User Account

All Pages

Month budgeted unit sales

Assignment Help Accounting Basics
Reference no: EM13132460

A company budgeted unit sales of 102,000 units for January, 2010 and 120,000 units for February, 2010. The company has a policy of having an inventory of units on hand at the end of each month equal to 30% of next month's budgeted unit sales. If there were 30,600 units of inventory on hand on December 31, 2009, how many units should be produced in January, 2010 in order for the company to meet its goals?

a) 107,400 units

b) 96,600 units

c) 138,000 units

d) 102,000 units

Reference no: EM13132460

Questions Cloud

Determine the total estimated uncollectibles : (a) Determine the total estimated uncollectibles. (b) Prepare the adjusting entry at March 31, 2007, to record bad debts expense. (c) Discuss the implications of the changes in the aging schedule from 2006 to 2007
Explain why is sugar stable under standard conditions : Rapid Burning of Sugar Versus Its Stability Against Oxygen, Why is sugar stable under standard conditions.
Cash collections for the third quarter : Each unit sells for $25. 40% of the sales are for cash. 70% of the credit customers pay within the quarter. The remainder is received in the quarter following sale. Cash collections for the third quarter are budgeted at:
Explain conversion of tert-butyl chloride : Indicate the reaction conditions you would employ to accomplish the following: Conversion of tert-butyl chloride to 2-methylpropene to maximize the yield of the elimination product over the substitution product.
Month budgeted unit sales : A company budgeted unit sales of 102,000 units for January, 2010 and 120,000 units for February, 2010. The company has a policy of having an inventory of units on hand at the end of each month equal to 30% of next month's budgeted unit sales.
Explain compounds containing carbon-carbon triple bond : Compounds containing carbon-carbon triple bond undergo the Diels-Alder reaction. Formulate the product formed by the reaction of
Is it beneficial to implement the new design process : On the benefit side, Camus estimated that the new process would save $135,000 per year in environmental costs (fines and cleanup costs avoided). The cost of capital is 10%. Ignore tax effects. Is it beneficial to implement the new design process?
Examine the label of any vegetable oils : Examine the label of any vegetable oils, solid shortening, margarine, or butter you might have on hand. Identify the oil or fat and report the level of saturated, mono-unsaturated
Coupons will be presented for redemption : It is estimated that 80% of the coupons will be presented for redemption. Sales for the first period were $700,000, and the coupons redeemed totaled 340,000.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Discuss the business environment at xerox

Discuss the similarities and differences between the indicators of finance leases under IFRS and the criteria for capitalizing leases under U.S. GAAP and explain which approach you believe most accurately reflects the information on the financial ..

  Incremental analysis-revenues-costs-net income

Ming Company is considering two alternatives. Alternative A will have sales of $150,000 and costs of $100,000. Alternative B will have sales of $180,000 and costs of $120,000.

  Prepare an anti-aging drug

Godert pharmaceutical company has several scientists working in the labs trying to prepare an anti-aging drug. The cost of this research and development

  Prepare the appropriate journal entries for both lessee

Prepare an amortization schedule(s) describing the pattern of interest over the lease term for the Lessee and the Lessor.

  Preparing the necessary journal entry

Prepare the necessary journal entry to close the overhead account of the balance is considered immaterial.

  Draft a memo for the file outlining

Caleb Samford calls you and says that his two-person S corporation was involuntarily terminated in February 2010. He asks you if they can make a new S election now, in November 2011. Draft a memo for the file outlining what you told Caleb.

  Experience an unfavorable labor rate variance

Which of the following is the most probable reason a company would experience an unfavorable labor rate variance and a favorable labor efficiency variance?

  Re-establish level of compensation

In your opinion, should the other partners allow the problem partner to re-establish their level of compensation when there was originally an issue? Why/why not?

  Logistics and project management

Betty Products Inc. manufactures three products on two machines. In a typical week 40 hours are available on each machine. The profit contribution and production time in hours per unit follows:

  High-low method of cost estimation

Ingram Co. manufactures office furniture. During the most productive month of the year, 3,500 desks were manufactured at a total cost of $84,400. In its slowest month, the company made 1,100 desks at a cost of $46,000.

  Basics of straight-line amortization

Roman Company issued $600,000 of 6%, 5-year bonds at 98, with interest paid annually. Assuming straight-line amortization, what is the total interest cost of the bonds?

  Outstanding bank loan problem

A small business owner holds $4,000 in cash; $1,200 in materials; $10,000 in land and $32,000 in plant and equipment. His accounts payable total $9,000 and he has an outstanding bank loan totaling $18,800. what is the owners equity?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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