Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Able Company Able Company expects to begin the coming year with 12,000 units of product X in the inventory of finished goods. It expects to
Able Company Able Company expects to begin the coming year with 12,000 units of product X in the inventory of finished goods. It expects to sell 110,000 units of the product and end the year with 16,000 units in finished goods inventory. Five pounds of material A go into each unit of product X. The company expects to have 2,000 pounds of material A on hand at the beginning of the coming year and wished to end the year with 3,600 pounds in inventory. Refer to Able Company. Calculate the number of units of product X that the company must 11. manufacture in carrying out these plans. a. 113,000 Units b. 133,800 Units. c. 130,000 Units d. 145,800 Units Refer to Able Company. Calculate the number of pounds of material A the company must purchase during the year. 12. 110,000+16,000-12000-114,000x5-570,000+3600-2000-571,600 a. 670,400 lbs b. 566,600 lbs c. 568,600 lbs d. 565,000 lbs Whu might a material variance arise
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started