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    "question_id": "4449066",
    "url": "\/study-help\/questions\/1-bickford-company-plans-to-sell-135000-units-in-november-4449066",
    "question_creation_date_js": "2024-06-29T02:30:47-04:00",
    "question_creation_date": "Jun 29, 2024 02:30 AM",
    "meta_title": "[Solved] 1. Bickford Company plans to sell 135,000 | SolutionInn",
    "meta_description": "Answer of - 1. Bickford Company plans to sell 135,000 units in November and 180,000 units in December. Bickford's policy is that 1 | SolutionInn",
    "meta_keywords": "1,bickford,company,plans,sell,135,000,units,november,180,000,december,s,policy",
    "question_title_h1": "1. Bickford Company plans to sell 135,000 units in November and 180,000 units in December. Bickford's policy is that 10% of the following month's sales",
    "question_title": "1. Bickford Company plans to sell 135,000 units in November and 180,000",
    "question_title_for_js_snippet": "1  Bickford Company plans to sell 135,000 units in November and 180,000 units in December  Bickford's policy is that 10  of the following month's sales must be in ending inventory  On November 1, there were 14,000 units in inventory  It takes 30 minutes of direct labor time to make one unit  Direct labor wages average $17 per hour  Variable overhead is applied at the rate of $5 per direct labor hour  Fixed overhead is budgeted at $56,500 per month  What is the budgeted overhead for November  Oa  $280 700 Ob  $444 500 Oc  $192,920 Od  $404,000 Oe  $348,420 2  Connor Company produces speaker systems for cars  Estimated sales (in units) in January are 40,000  in February are 37,000  and in March are 34,000  Each unit is priced at $60  Connor wants to have 35  of the following month's sales in ending inventory  That requirement was met on January 1  Each speaker system requires 3 boxes and 15 yards of wire  Boxes cost $4 each and wire is $0 60 per yard  Connor wants to have 20  of the following month's production needs in ending raw materials inventory  On January 1, Connor had 24,000 boxes and 100,000 yards of wire in inventory  What is Connor's expected sales revenue for February  Oa  $2,220,000 Ob  $60 Oc  $1 900,000 Od  $2 020,000 Oe  $1,125,000 Answer only, thank you",
    "question_description": "<p><sub>1. <\/sub>Bickford Company plans to sell 135,000 units in November and 180,000 units in December. Bickford's policy is that 10% of the following month's sales must be in ending inventory. On November 1, there were 14,000 units in inventory.<\/p> <p>It takes 30 minutes of direct labor time to make one unit. Direct labor wages average $17 per hour. Variable overhead is applied at the rate of $5 per direct labor hour. Fixed overhead is budgeted at $56,500 per month. What is the budgeted overhead for November?<\/p> <p>Oa. $280.700<\/p> <p>Ob. $444.500<\/p> <p>Oc. $192,920<\/p> <p>Od. $404,000<\/p> <p>Oe. $348,420<\/p> <p><\/p> <p>2. Connor Company produces speaker systems for cars. Estimated sales (in units) in January are 40,000; in February are 37,000; and in March are 34,000. Each unit is priced at $60. Connor wants to have 35% of the following month's sales in ending inventory. That requirement was met on January 1.<\/p> <p>Each speaker system requires 3 boxes and 15 yards of wire. Boxes cost $4 each and wire is $0.60 per yard. Connor wants to have 20% of the following month's production needs in ending raw materials inventory. On January 1, Connor had 24,000 boxes and 100,000 yards of wire in inventory. What is Connor's expected sales revenue for February?<\/p> <p>Oa. $2,220,000<\/p> <p>Ob. $60<\/p> <p>Oc. $1.900,000<\/p> <p>Od. $2.020,000<\/p> <p>Oe. $1,125,000<\/p> <p><\/p> <p>Answer only, thank you<\/p>",
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        "edition": "10th Edition",
        "authors": "Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso",
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    "question_posted": "2024-06-29 02:30:47",
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