User Account

All Pages

Prepare a production budget for the second quarter of year

Assignment Help Accounting Basics
Reference no: EM131586405

Question - Aqua-pro Inc. produces submersible water pumps for ponds and cisterns. The unit sales for selected months of the year are as follows:

 Unit Sales

April261,000

May319,000

June290,000

July348,000

Company policy requires that ending inventories for each month be 25% of next month's sales. However, at the beginning of April, due to greater sales in March than anticipated, the beginning inventory of water pumps is only 21,000.

Required:

Prepare a production budget for the second quarter of the year. Show the number of units that should be produced each month as well as for the quarter in total.

Reference no: EM131586405

Questions Cloud

What was cost of goods manufactured for january : Purchased production materials on account, $85,000. What was gross profit for January? (Show supporting work.) What was cost of goods manufactured for January
Calculate the densain naples plant overhead rate : Calculate the densain Naples plant overhead rate and Calculate the denasain Naples plant over or under absorbed overhead
What was the size of the sample studied : The purpose of this assignment is to provide students with an opportunity to search journal data bases in the library on a particular topic relevant.
Employee stock options representing options : Suppose you hold LLL employee stock options representing options to buy 10,400 shares of LLL stock. How many put option contracts are required?
Prepare a production budget for the second quarter of year : Prepare a production budget for the second quarter of the year. Show the number of units that should be produced each month as well as for the quarter in total
What is the value of european call option : What is the value of a European call option if the underlying stock price is $131,
Audit responsibility for detecting financial statement fraud : What is the internal audit’s responsibility for detecting financial statement fraud?
How would you explain the fraud squires executed : Using the elements of the fraud triangle, how would you explain the fraud Squires executed
What is the best way to hedge : Assume that you are a US manufacturer and frequently undertake export and import transactions with a particular country (Germany). What is the best way to hedge

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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