Entry Rules: Round your answer to the nearest DOLLAR or UNIT. Examples: If your answer is $504.472, enter 504 If your answer is $504.626,
Entry Rules: Round your answer to the nearest DOLLAR or UNIT. Examples: If your answer is $504.472, enter 504 If your answer is $504.626, enter $505 If your answer is $504.00, enter 504 If your answer is $0.1000, enter 0 If the answer is zero, enter Never enter $ or, when inputting numerical answers QUESTION: Maurizio Inc. is a company which designs outstanding costumes, designed to be worn by the contestants on "Dancing with The Stars". Below is the expected (budgeted) data for the start of next year: April May June July Sales in units 40 60 90 70 Sales price per unit $240.00 $260.00 $310.00 $400.00 The desired ending inventory for finished goods (production) is 10% of next month's sales. The desired ending inventory for raw materials is 20% of the next month's raw material requirements. Raw material required for each unit of the product is 5 units. The cost of each unit of raw material is $50 per unit. Time required to assemble one (1) costume is 120 minutes. Workers are paid $25 per direct labour hour. Using the above information answer the following questions. Using the sales budget, calculate the budgeted sales for May. HINT: remember the entry rules!
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