Sales projections $($LO$2)$ Dodge Ball Bearings had sales of $15,000$ units at $$35$ per unit last year. The marketing manager

projects a $15$ percent increase in unit volume sales this year with a $20$ percent price decrease $($due to a price reduction by a

competitor$).$ Returned merchandise will represent $3$ percent of total sales. What is your net dollar sales projection for this

year?

Vitale Hair Spray had sales of $13,000$ units in March. A $70$ percent increase is expected in April. The company will

maintain $30$ percent of expected unit sales for April in ending inventory. Beginning inventory for April was $650$ units. How

many units should the company produce in April?

On December $31$ of last year, Wolfson Corporation had an inventory of $450$ units of its product, which cost $$22$ per unit to

produce. During January, the company produced $850$ units at a cost of $$25$ per unit. Assuming that Wolfson

Corporation sold $800$ units in January, what was the cost of goods sold? $($Assume FIFO inventory accounting.$)$

At the end of January, Higgins Data Systems had an inventory of $650$ units, which cost $$16$ per unit to produce. During

February, the company produced $950$ units at a cost of $$19$ per unit. If the firm sold $1,150$ units in February, what was

its cost of goods sold? $($Assume LIFO inventory accounting.$)$

Convex Mechanical Supplies produces a product with the following costs as of July $1,20$X$1$:

Material.

$$6$

Labor.

Overhead.

$$12$

Beginning inventory at these costs on July $1$ was $5,000$ units. From July $1$ to December $1,$ Convex produced $15,000$ units.

These units had a material cost of $$10$ per unit. The costs for labor and overhead were the same. Convex uses FIFO invent

accounting.

Assuming that Convex sold $17,000$ units during the last six months of the year at $$20$ each, what would gross profit be$?$