Question
E9-3B.Budget PreparationTuttle Companyis preparingits masterbudget forNovember. Usethe estimatesprovided to determine the necessary amounts for each of the following requirements. (Estimates may be related to more
E9-3B.Budget PreparationTuttle Companyis preparingits masterbudget forNovember. Usethe estimatesprovided to determine the necessary amounts for each of the following requirements. (Estimates may be related to more than one requirement.)
a.WhatshouldtotalsalesrevenuebeifterritoriesNandSestimatesalesof40,000and80,000units, respectively and the unit selling price is $18?
b.Ifthebeginningfinished goodsinventory isanestimated6,000 unitsandthedesired endinginventory is 5,000 units, how many units should be produced?
c.Whatdollaramountofmaterialshouldbepurchasedat$2perpoundifeachunitofproductrequires 3poundsandbeginningandendingmaterialsinventoriesshouldbe12,000and10,000 pounds, respectively?
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