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9. assume a companies estimated sales is 36,000 units it's desired and being finished goods inventory is 7500 units and it's beginning finished goods inventory
9. assume a companies estimated sales is 36,000 units it's desired and being finished goods inventory is 7500 units and it's beginning finished goods inventory is 3500 units what is the required production in units?
Seved Assume the following budgeted information for a merchandising company: Budgeted sales (all on credit) for November December, and January are $250,000, $220.000 and $200,000, respectively Cash collections related to credit sales are expected to be 75% in the month of sale, 25% in the month following the sale. The cost of goods sold is 65% of sales Each month's ending inventory equals 20% of next month's cost of goods sold. 40% of each month's merchandise purchases are paid in the current month and the remainder is paid in the following month Monthly selling and administrative expenses that are paid in cash in the month incurred total $20.500 Montily depreciation expense is $20,000 The accounts receivable balance at December 31+ would be Multiple Choice 517,500 sume the following budgeted information for a merchandising company: Budgeted sales (all on credit) for November December, and January are $250,000, $220,000, and $200,000, respectively. Cash collections related to credit sales are expected to be 75% in the month of sale, 25% in the month following the sale, . The cost of goods sold is 65% of sales Each month's ending inventory equals 20% of next month's cost of goods sold. 40% of each month's merchandise purchases are paid in the current month and the remainder is paid in the following month. Monthly selling and administrative expenses that are paid in cash in the month incurred total $20.500. . Monthly depreciation expense is $20,000. . . The accounts receivable balance at December 31st would be Multiple Choice a) 40,000 units
b) 32,500 units
c) 47,000 units
d) 25,000 units
13- The accounts receivable balance at December 31 would be ?
a) $117,500
b) $165,000
c) $81,300
d) $55,000
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