Answered step by step
Verified Expert Solution
Question
1 Approved Answer
QUESTION 4 Bengal Co. provides the following unit sales forecast for the next three months July August September Sales units 5,000 5,700 The company wants
QUESTION 4 Bengal Co. provides the following unit sales forecast for the next three months July August September Sales units 5,000 5,700 The company wants to end each month with ending finished goods inventory equal to 25% of the next month's sales. Finished goods inventory on June 30 is 1,250 units. The budgeted production units for July are: A. 3.750 units. B. 6,425 units. C. 2,500 units D. 5,175 units. QUESTION 5 A sporting goods manufacturer budgets production of 45,000 pairs of ski boots in the first quarter and 30,000 pairs in the second quarter of the upcoming year. Each pair of boots requires 2 kilograms (kg) of a key raw material. The company aims to end each quarter with ending raw materials inventory equal to 20% of the following quarter's material needs. Beginning inventory for this material is 18,000 kg and the cost per kg 15 $8. What is the budgeted materials needed in kg, in the first quarter! A. 90,000 kg. B. 84,000 kg. C. 108.000 kg D. 102,000 kg QUESTION 6 Ratchet Manufacturing anticipates total sales for August, September, and October of $200,000, $210,000, and $220,500 respectively. Cash sales are normally 25% of total sales and the remaining sales are on credit. All credit sales are collected in the first month after the sale. Compute the amount of cash received for September. A. $150,000. B. $202,500. C. $157,500. D. $102,500
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