A. (30 pts.) Trivelli Co. prepares monthly purchases budgets for print shirts. Trivelli would like to...
Fantastic news! We've Found the answer you've been seeking!
Question:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/6659a6d58e163_4456659a6d54330f.jpg)
Transcribed Image Text:
A. (30 pts.) Trivelli Co. prepares monthly purchases budgets for print shirts. Trivelli would like to maintain an ending merchandise inventory of shirts equal to 30 percent of budgeted unit sales for the following month. The following sales budget was prepared for the next three months: Budgeted sales in units October 48,000 November December 52,000 54,000 shirts. Beginning inventory of shirts at the beginning of October on October 1st was 14,400 Required: Prepare the merchandise purchases budgets for the months of October and November. A. (30 pts.) Trivelli Co. prepares monthly purchases budgets for print shirts. Trivelli would like to maintain an ending merchandise inventory of shirts equal to 30 percent of budgeted unit sales for the following month. The following sales budget was prepared for the next three months: Budgeted sales in units October 48,000 November December 52,000 54,000 shirts. Beginning inventory of shirts at the beginning of October on October 1st was 14,400 Required: Prepare the merchandise purchases budgets for the months of October and November.
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
Tina Bonina owns and operates the Cancun Amigos Mexican Cantina. Business is good and getting better. In fact, based on her carefully maintained sales histories, Tina predicts her sales will increase...
-
Burns Boats wants to assemble 50 boats per 8-hour day, using a production line. Total task time for each boat is 45 minutes. a. What is the takt time? What is the theoretical mini mum number of...
-
Alex Chunn Inc. has the following financial data for 2019 for its three regional divisions: Historical Cost Current Cost Operating Net Book Gross Book Replacement Liquidation Region Income Value...
-
You, CA, are the audit senior of Ball Construction Corporation (BC), a small public company. It is September 19, 2013, and the year-end audit fieldwork has just been completed. The audit partner,...
-
Unpolarized light Malus's Law After light has been polarized a polarizer can be used to the of the transmitted light. . Polarizer the light. The analyzer the polarized light along another _. It only...
-
Choose the most appropriate phrase from the options given below to complete the following sentence. The aircraft (A) is allowed to (C) was allowed to take of as soon as its flight plan was filed. (B)...
-
Q. 8 A train that is 280 metres long, travelling at a uniform speed, crosses a platform in 60 seconds and passes a man standing on the platform in 20 seconds. What is the length of the platform in...
-
The argument of the complex number Q. 3 (A) (C) 2 Civila 1-i where i=-1, is (B) 2 (D) T
-
Q. 7 A metallic rod of 500 mm length and 50 mm diameter, when subjected to a tensile force of 100 kN at the ends, experiences an increase in its length by 0.5 mm and a reduction in its diameter by...
-
Q. 15 For a completely submerged body with centre of gravity 'G' and centre of buoyancy 'B', the condition of stability will be (A) G is located below B (B) G is located above B (C) G and B are...
-
A railroad car that is enclosed and usually used to carry general freight is called a: Centre beam Flat Car Hopper Car Box Car Automobile Car
-
Given the context of history, is it an absurdity that there is a British Amateur Rugby League Association and, recently, there has been a body called English Professional Rugby Union Clubs?
-
To what extent is it possible to view the Atlanta Games as representing an Olympian ideal?
-
Identify the main contents of this book.
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App