Answered step by step
Verified Expert Solution
Question
1 Approved Answer
show stepts of the math problem 24 Jan 25 Shown below is the sales forecast for Kooper Inc. for the first four months of the
show stepts of the math problem
24 Jan 25 Shown below is the sales forecast for Kooper Inc. for the first four months of the coming year Feb Mar Apr Cash sales $15.000 524.000 $18.000 $14.000 Credit sales $100,000 $120,000 590.000 $70,000 On average, 50% of credit sales are paid for in the month of the sale, 30 in the month following sale, and the remainder is paid two months after the month of the sale. Assuming there are no bad debts, the expected cash flow in March is a $138.000 S122,000 S119,000 S108,000 Generally, costs which are initially recorded as an asset and subsequently become an expense rolled a capitalized costs b budgeted costs incremental costs d non-capitalized cost Changing conditions call for changes in plans. Therefore, budgets should be flexible administered rigidly c developed for very short periods of time d. static Pinker Company has a production schedule of 27,000 units and a budgeted sales volume of 30,000 units for the current year. In addition, 6,000 units are in beginning finished goods inventory. How many units are targeted for ending finished goods inventory? a 30.000 b. 21,000 $9.000 3,000 26 27 276 64 36 36 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