q1: Vaughn Manufacturing plans to sell 9000 purple lawn chairs during May, 6700 in June, and 9000 during July. The company keeps 15% of the next months sales as ending inventory. How many units should Vaughn produce during June?
| Not enough information to determine |
q2: The following information was taken from Crane Companys cash budget for the month of July:
Beginning cash balance | $380000 |
Cash receipts | 204000 |
Cash disbursements | 444000 |
If the company has a policy of maintaining a minimum end of the month cash balance of $300000, the amount the company would have to borrow is
q3: The following information is taken from the production budget for the first quarter:
Beginning inventory in units | 1600 |
Sales budgeted for the quarter | 376000 |
Capacity in units of production facility | 422000 |