Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

just got right correction. now i need help with 5, 6, and 7. please and thank you n r u ?? . A Fant Canditianal

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

just got right correction. now i need help with 5, 6, and 7. please and thank you

n r u ?? . A Fant Canditianal Format as Cell insert Formanting Tabk Styles # FormatPante Char Clipboard Styles BUDGETS der Crook Company expects sales of 18,000 units in January 2018, 24,000 units in February, 30,000 units in March, 34,000 in April, and 36,000 in May. The sales price is $34 per unit 3Create a sales budget. 2018 | Budget #1: Sales Budget Q1 Total April Budgeted units to be sold 8 Sales price per unit 18,00024,000 30,000 72,00034,000 $ 612.000 S 816,000S 1.020,000S 2,448,000 $ 1,156,000 5 1224.000 34 9 Total Sales 11 Thunder Creek wants tD finish each month with 20% of next month's sales in units. 12 Create a production budget. 13 Hint: Beginning inventory for the period is equal to the ending inventory of the previous period. 2017 2018 16 Budget Production Budget Q1 Total April Budgeted units to be sold 16 Plus: Desired units in ending inveritory 19 Total units needed 20 Less: Units in beginning inventory 18,00024,00030,000 72,00034,000 6,800 22,800 36,800 78,800 | 41,200 Budgeted units to be produced 19,200 25,200 30,800 75,200 instructionsBudgets

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Tobacco Industry IRS Audit Techniques Guide

Authors: Internal Revenue Service

1st Edition

1304114910, 978-1304114914

More Books

Students also viewed these Accounting questions