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Can you show me how you get each answer and where the numbers come from? The following data apply to questions 3 and 4. Hester
Can you show me how you get each answer and where the numbers come from?
The following data apply to questions 3 and 4. Hester Company budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in units) are planned for the fiscal year of July 1, 2004 through June 30, 2005. Raw material Work in process Finished goods July 1, 2004 40,000 8,000 30,000 June 30, 2005 10,000 8,000 5,000 Three (3) units of raw material are needed to produce each unit of finished product. ACCT1112_2014S1 Revision 3. oooo If Hester Company plans to sell 500,000 units during the 20042005 fiscal year, the number of units it would have to manufacture during the year would be 505,000 units. 500,000 units. 480,000 units. 475,000 units. none of the above so ooo If 450,000 finished units were to be manufactured during the 20042005 fiscal year by Hester Company, the units of raw material needed to be purchased would be a. 1,350,000 units. 1,360,000 units. 1,320,000 units. 1,330,000 units. none of the aboveStep by Step Solution
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