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A sporting goods manufacturer budgets production of 52,000 pairs of ski boots in the first quarter and 43,000 pairs in the second quarter of the
A sporting goods manufacturer budgets production of 52,000 pairs of ski boots in the first quarter and 43,000 pairs in the second quarter of the upcoming year. Each pair of boots require 2 kg of a key raw material. The company aims to end each quarter with ending raw materials inventory equal to 20% of the following quarter's material needs. Beginning inventory for this material is 20.800 kg and the cost per kg is $9. What is the budgeted materials purchases cost for the first quarter? Multiple Choice $748.800 $1123.200 10 0 0 0 0 $903,600 $968.400 $936.000 Bengal Co. provides the following sales forecast for the next three months: July August September 5,400 6,100 5,960 Sales units The company wants to end each month with ending finished goods inventory equal to 20% of the next month's sales. Finished goods inventory on June 30 is 1.080 units. The budgeted production units for July are: Multiple Choice 6.620 units 2160 units. 6.480 units. ooooo 4.320 units. Frankie's Chocolate Co. reports the following information from its sales budget: Expected Sales: Expected Sales: July $80,000 August September 100,000 110,000 Cash sales are normally 20% of total sales and all credit sales are expected to be collected in the month following the date of sale. The total amount of cash expected to be received from customers in September is: Multiple Choice O $102.000 O $30.000. O O $190.000 O O $110.000 O $22,000
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