ourses/36019/assignments x + 3/36019/assignments/3780167 Ch 5: Homework Synced to Gradebook Thu, Feb 27, 2020, 2:32:35 PM (America/New York - 5.00) 0.69/1 Question 4 View Policies Show Attempt History Current Attempt in Progress Waterway Enterprises is a boutique guitar manufacturer. The company produces both acoustic and electric guitars for rising and established professional musician Vanessa Aaron, the company's sales manager, prepared the following sales forecast for 2018. The forecasted sales prices include a 5% increase in the acoustic guitar price and a 10% increase in the electric guitar price, to cover anticipated increases in raw materials prices. Sales Price $1.250 $2,380 Acoustic guitar sales Electric guitar sales 1" Quarter 210 420 2nd Quarter 300 340 3rd Quarter 300 300 4th Quarter 305 360 Your answer is correct. Prepare Waterway's sales budget for 2018 9 E courses/36019/assignments x + s/36019/assignments/3780467 Q Search My Convene Your answer is partially correct. Each acoustic guitar requires a maple neck blank, which Waterway purchases for $50. On December 31, 2017 Waterway had 390 neck blanks in inventory. Spoilage during the production process results in a standard quantity of 1.5 necks per acoustic guitar. Because of recent delivery problems. Waterway wants to maintain an ending inventory equal to 50% of the following quarter's production needs. Since the supplier has assured Waterway that the delivery issues will be resolved by the end of December, Waterway wants only 340 neck blanks in inventory on December 31, 2018. Prepare the purchases budget for neck blanks for 2018. (Enter "per guitar" value to 1 decimal place, es. 3.1. Round all other answers to decimal places, c.8. 153.) 1 Quarter Purchase Budget 2nd Quarter 3rd Quarter 4th Quarter Budgeted production Standard necks per guitar Production needs Budgeted ending inventory Total DM required (necks) Beginning inventory Budgeted purchases (necks) Standard price per neck Budgeted purchases cost ourses/36019/assignments x + 3/36019/assignments/3780167 Ch 5: Homework Synced to Gradebook Thu, Feb 27, 2020, 2:32:35 PM (America/New York - 5.00) 0.69/1 Question 4 View Policies Show Attempt History Current Attempt in Progress Waterway Enterprises is a boutique guitar manufacturer. The company produces both acoustic and electric guitars for rising and established professional musician Vanessa Aaron, the company's sales manager, prepared the following sales forecast for 2018. The forecasted sales prices include a 5% increase in the acoustic guitar price and a 10% increase in the electric guitar price, to cover anticipated increases in raw materials prices. Sales Price $1.250 $2,380 Acoustic guitar sales Electric guitar sales 1" Quarter 210 420 2nd Quarter 300 340 3rd Quarter 300 300 4th Quarter 305 360 Your answer is correct. Prepare Waterway's sales budget for 2018 9 E courses/36019/assignments x + s/36019/assignments/3780467 Q Search My Convene Your answer is partially correct. Each acoustic guitar requires a maple neck blank, which Waterway purchases for $50. On December 31, 2017 Waterway had 390 neck blanks in inventory. Spoilage during the production process results in a standard quantity of 1.5 necks per acoustic guitar. Because of recent delivery problems. Waterway wants to maintain an ending inventory equal to 50% of the following quarter's production needs. Since the supplier has assured Waterway that the delivery issues will be resolved by the end of December, Waterway wants only 340 neck blanks in inventory on December 31, 2018. Prepare the purchases budget for neck blanks for 2018. (Enter "per guitar" value to 1 decimal place, es. 3.1. Round all other answers to decimal places, c.8. 153.) 1 Quarter Purchase Budget 2nd Quarter 3rd Quarter 4th Quarter Budgeted production Standard necks per guitar Production needs Budgeted ending inventory Total DM required (necks) Beginning inventory Budgeted purchases (necks) Standard price per neck Budgeted purchases cost
