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FOR EACH QUESTION!!! Q1: W3Kings Inc predicts sales of 1250 units in March and 1438 units in April. Each month's ending inventory should be 41%
FOR EACH QUESTION!!! Q1: W3Kings Inc predicts sales of 1250 units in March and 1438 units in April. Each month's ending inventory should be 41% of the next month's sales. The February 28 ending finished goods inventory is 460 units. Compute budgeted production (in units) for March. W3Kings Inc. Production Budget For Month Ended March 31 Points Points 3 SHOW in WHOLE unts only. Q2: Calm Breathing Corp. budgets sales units of 4700 for July; 8460 for August; and 7520 for September with budgeted sales 15 price per unit of $33 and cost of goods sold $25 per unit. In addition, sales commissions are 8% of sales dollars and the company pays sales managers a salary of $12500 per month. Sales commissions and salaries are paid in the month incurred. Administrative expenses include office building depreciation 16 $1270 per month and office salaries of $18100 per month. 17 Prepare a Budgeted Income Statement for the 3rd Quarter of the year using a multi-step income statement format. 18 19 Calm Breathing Corp Points Possib
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