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Please show work. Thank you! Eggbert Co. budgeted the following data for the upcoming year 2022: Quarter 1 Quarter 2 Quarter 3 Unit Sales 100,000
Please show work. Thank you!
Eggbert Co. budgeted the following data for the upcoming year 2022: Quarter 1 Quarter 2 Quarter 3 Unit Sales 100,000 120,000 110,000 Sales Price Per Unit $60.00 $60.50 $60.75 Ending Finished Goods Inventory 5% of next quarter's sales requirements 12/31/21 Projected Finished Goods Inventory 4,500 units Yards of material per unit 2.5 yards per unit produced Cost per yard $12.00 Eggbert's Projected First Quarter Total Sales is $ Eggbert's Total Unit Sales for the first 6 months of 2022 will be Eggbert's Budgeted Income Statement for the first 6-month period ending 6/30/22 will report Sales Revenue of $ The Production Report will report a desired ending inventory for Quarter 2 of units. The Production Report will report a beginning inventory for Quarter 1 of units. The Production Report will report a beginning inventory for Quarter 2 of units. The Production Report will report ending inventory of for the 6-month period ending 6/30/22Step by Step Solution
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