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Exercise 13-30 (Algo) Estimate Production Levels (LO 13-3) Kirty Soups has just made its sales forecasts, and its marketing department estimates that the company will
Exercise 13-30 (Algo) Estimate Production Levels (LO 13-3) Kirty Soups has just made its sales forecasts, and its marketing department estimates that the company will sell 4,394,000 units of its vegetable soup during the coming year. In the past, management has maintained inventories of finished goods at approximately two weeks sales. The inventory at the start of the budget period is 190,000 units. Sales occur evenly throughout the year. Note: Assume 52 weeks in a year, Required: Estlmate the production level of vegetable soup required for the coming year to meet these objectives. Note: Do not round intermediate calculations. Exercise 13-39 (Algo) Estimate Cash Collections (LO 13-4) Hackett Produce Supply is preparing its cash budget for April. The following information is avallable: Required: What is the estimated amount of cash receipts from accounts receivable collections in April
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