User Account

All Pages

What should be scheduled production for the third quarter

Assignment Help Accounting Basics
Reference no: EM132557216

Question - The Taraa Meraa Company has budgeted sales for the year as follows:

Sales in units

Quarter 1 10,000

Quarter 2 12,000

Quarter 3 14,000

Quarter 4 16,000

The ending inventory of finished goods for each quarter should equal 25% of the next quarter's budgeted sales in units. The finished goods inventory at the start of the year is 2,500 units. Four pounds of raw materials are required for each unit produced. Raw materials on hand at the start of the year total 4,200 pounds. The raw materials inventory at the end of each quarter should equal 10% of the next quarter's production needs in material.

Required -

A. What Should be the Scheduled production for the third quarter?

B. What Should be the Scheduled purchases of raw materials for the second quarter?

Reference no: EM132557216

Questions Cloud

What is unit product cost for month under variable costing : What is the unit product cost for the month under variable costing? What is the net operating income for the month under variable costing
What is the arithmetic return for the stock : A stock has had returns of -5 percent, 12 percent, 38 percent, 18 percent, and 21 percent over the last five years.
What is current stock? price-kms corporation : KMS Corporation has assets with a market value of ?$552 ?million, ?$39 million of which are cash.
Prepare jansen entry when the cash is received : Prepare Jansen's entry when the cash is received. Jansen Corporation shipped $20,000 of merchandise on consignment to Gooch Company.
What should be scheduled production for the third quarter : The ending inventory of finished goods for each quarter should equal 25% of the next quarter's budgeted sales in units. What Should be Scheduled production
Explain the quantity and valuation of motors : Neither consignee submitted an account sale for March. Explain the quantity and valuation of motors in the manufacturer's balance sheet on March 31.
What is the ocf : J. Child's Gourmet Pie Shop has the following investment opportunity:
How the account is classified in the financial statements : The ledger of consignors or consignees; whether it normally has a debit balance or credit balance; and how the account is classified in the financial statements
What is company current stock price : Gresham's required return (rs) is 12.00%. What is company's current stock price?

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