Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Lea Company produces hand tools. Budgeted sales for March are 10,600 units. Beginning finished goods inventory in March is budgeted to be 2,000 units, and
Lea Company produces hand tools. Budgeted sales for March are 10,600 units. Beginning finished goods inventory in March is budgeted to be 2,000 units, and ending finished goods nventory is budgeted to be 1,600 units. How many units will be produced in March? 10.200 11,000 O 14.200 10,600 Underwood, Inc. manufactures two products. It currently has 3,000 hours of direct labor and 1,200 hours of machine time available per month. The table below lists the contribution margin, labor and machine time requirements, and demand for each product Product 26.00 Product B $23.00 Unit contribution margin Demand Labor time Machine time 900 units2,400 units hour hour hour h hour How much of each product should Underwood manufacture per month? 1,900 units of A and 2,400 units of B 1,900 units of A and O units of 600.0 units of A and 1,900 units of B O units of A and 2,400 units of B Belle Corp. has a selling price of $53 per unit, variable costs of $46 per unit, and fixed costs of $58,800. What sales revenue is needed to break-even? $411,600 O$105.000 O$445,200 O $3,116,400 Boxwood Inc has forecast purchases on account to be $318,000 in March, $370,000 in April, $421,000 in May, and $493,000 in June. Sixty five percent of purchases are paid for in the month of purchase, the remaining 35% are paid in the following month. What is the budgeted Accounts Payable balance for June 30? $172.550 $273,650 O $320,450 $147.350 Quail, Inc., has a contribution margin of 30% and fixed costs of $98,280. what is the break-even point in sales dollars? O $29,484 $327,600 O $140,400 O $68,796
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started