Question
Below is budgeted production and sales information for ABC, Inc. for the month of March: Aluminum Tin Estimated beginning inventory 12,000 units 6,000 units Desired
Below is budgeted production and sales information for ABC, Inc. for the month of March:
|
| Aluminum | Tin |
| Estimated beginning inventory | 12,000 units | 6,000 units |
| Desired ending inventory | 15,000 units | 4,000 units |
| Region I, anticipated sales | 380,000 units | 85,000 units |
| Region II, anticipated sales | 125,000 units | 25,000 units |
The unit selling price for aluminum cans is $0.15 and for tin cans is $0.20.
Budgeted sales for the month are:
| a. | $97,550. |
| b. | $123,000. |
| c. | $82,750. |
| d. | $81,550. |
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
1118334329, 978-1118334324
