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only prepared for manufacturers as they are the only type of company with material purchases and work-in-process accounts C: improves companies' market capitalization and evolves
only prepared for manufacturers as they are the only type of company with material purchases and work-in-process accounts C: improves companies' market capitalization and evolves from both the investing and financing decisions Dis another name iven to the financial budet 3) Mary's Baskets Company expects to manufacture and sell 30,000 baskets in 2019 for 55ch There are 4.000 baskets in beginning finished goods inventory with treet endine inventory of 9.000 baskets. The company keeps no work-in-process inventory What amount of sales revenue will be reported on the 2019 budgeted income statement AS175.000 B. $150,000 C. $125,000 D S85.000 4) Orange Corporation has budgeted sales of 23.000 units, targeted ending finished goods inventory of 9.000 units, and beginning finished goods inventory of 6,000 units. How many units should be produced next year? A. 38,000 units B. 32.000 units C. 26,000 units D. 23,000 units 5) Antique Brass Company has budgeted sales volume of 122,000 units and budgeted production of 114,000 units, while 24,000 units are in beginning finished goods inventory. How many units are targeted for ending finished goods inventory? A. 24,000 units B. 32.000 units C. 8.000 units D. 16,000 units
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