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Question 9 (5 points) Saved Coleman, Inc., anticipates sales of 54,000 units, 49,000 units, and 55,000 units in July, August, and September, respectively. Company policy
Question 9 (5 points) Saved Coleman, Inc., anticipates sales of 54,000 units, 49,000 units, and 55,000 units in July, August, and September, respectively. Company policy is to maintain an ending finished-goods inventory equal to 20% of the following month's sales. On the basis of this information, how many units would the company plan to produce in August? Your Answer: 50,200 Answer Question 10 (5 points) Lido manufactures A and B from a joint process (cost = $83,000). Five thousand pounds of A can be sold at split-off for $20 per pound or processed further at an additional cost of $20,000 and then sold for $25. Ten thousand pounds of B can be sold at split-off for $16 per pound or processed further at an additional cost of $38,000 and later sold for $18. If Lido decides to process B beyond the split-off point, operating income will decrease by: Your Answer: Answer Question 11 (5 points) Saved A quantity of a particular raw material was purchased for $43,300. The standard cost of the material was $2.00 per kilogram and there was an unfavorable materials price variance of $3,200. How many kilograms were purchased? Your Answer: 20,050 Answer Question 12 (5 points) Saved CS Company has a profit margin of 11%. Sales are $320,000, net operating income is $39,000, and average operating assets are $ 125,000. What is the company's return on investment (ROI)? (Please write the answer in decimal format and keep two decimals.) Your Answer: 31.20
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