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6.At January 1, 2022, Swifty Corporation has beginning inventory of 2500 surfboards. Swifty estimates it will sell 10000 units during the first quarter of 2022

6.At January 1, 2022, Swifty Corporation has beginning inventory of 2500 surfboards. Swifty estimates it will sell 10000 units during the first quarter of 2022 with a 10% increase in sales each for the following quarters. Swiftys policy is to maintain an ending finished goods inventory equal to 25% of the next quarters sales. Each surfboard costs $110 and is sold for $180. What is the budgeted sales revenue for the third quarter of 2022?

a $2362500

b $562500

c $2178000

d $12100

9.If the required direct materials purchases are 34000 pounds, the direct materials required for production is three times the direct materials purchases, and the beginning direct materials are three and a half times the direct materials purchases, what is the desired ending direct materials inventory in pounds?

a 85000

b 17000

c 51000

d 34000

10.Blossom Manufacturing has a target of carrying closing monthly inventory equal to fifteen percent of next month's projected sales. If the current month's beginning inventory is 6400 units and it expects to sell 40000 units this month and 36000 units next month, how many units should it produce this month?

a 39000 units

b 39600 units

c 40000 units

d 36000 units

11.Crane Company's direct materials budget shows direct materials purchases for January $250000, February $300000 and March $350000. Cash payments are 60% in the month of purchase and 40% in the following month. The budgeted cash disbursements for direct materials purchases in March are

a$300000.

b$320000.

c$260000.

d$330000.

14.Sandhill plans to sell 2400 computers in April; 2320 in May; and 2400 in June. The company keeps 15% of the next months sales as ending inventory. How many units should Sandhill produce in May?

aAmount cannot be determined due to insufficient information.

b2640.

c2332.

d2308.

15.A company budgeted unit sales of 204000 units for January, 2022 and 250000 units for February 2022. The companys policy is to have finished goods inventory of units on hand at the end of each month that is equal to 30% of next month's budgeted unit sales. If there were 61200 units of finished goods inventory on hand on December 31, 2021, how many units should be produced in January, 2022 in order for the company to meet its goals?

a217800 units

b204000 units

c190200 units

d279000 units

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