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Robust Resources expects to sell 460 units of Product A and 440 units of Product B each day at an average price of $16 for
Robust Resources expects to sell 460 units of Product A and 440 units of Product B each day at an average price of $16 for Product A and $27 for Product B. The expected cost for Product A is 45% of its selling price and the expected cost for Product B is 63% of its selling price. Robust Resources has no beginning inventory, but it wants to have a three - day supply of ending inventory for each product. Compute the company's budgeted sales for the next (seven - day) week. (Round the answer to the nearest dollar.) A. $134,680 B. $57,720 C. $19,240 D. $10,796 June sales were $27,000, while projected sales for July and August were $54,000 and $78,000, respectively. Sales are 60% cash and 40% credit. All credit sales are collected in the month following the sale. Calculate expected collections for July. A. $10,800 B. $43,200 C. $37,800 D. $32,400 Culinary Enterprises manufactures cookware sets and sells the sets to department stores. Culinary expects to sell 2,500 cookware sets for $300 each in April and 3,500 cookware sets for $315 each in May. Sales are 10% cash and 90% on account. Compute the total budgeted sales for May. A. $1,102,500 B. $750,000 C. $992,250 D. $110,250
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