Question
45.) Kotrick Company has beginning inventory of 13,000 units and expected sales of 23,000 units. If the desired ending inventory is 11,000 units, how many
45.) Kotrick Company has beginning inventory of 13,000 units and expected sales of 23,000 units. If the desired ending inventory is
11,000 units, how many units should be produced?
A 1000
B 21,000
C 25,000
D 46,000
42.) Romona Company expects its November sales to be 25% higher than its October sales of
$ 240,000. All sales are on credit and are collected as follows: 20% in the month of the sale and 75%
in the following month. Purchases were $ 60,000 in October and are expected to be $110,000
in November. Purchases are paid 40%in the month of purchase and60%
in the following month. The cash balance on November 1 is $13,100.
The cash balance on November 30 will be
A. 146900
B 173,100
C 253,100
D 160,000
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