Question
Soto Company expects to have the following unit sales for the next five quarters. It has one product which sells for $13 per unit. Quarter
Soto Company expects to have the following unit sales for the next five quarters. It has one product which sells for $13 per unit.
| Quarter 1 | Quarter 2 | Quarter 3 | Quarter 4 | Quarter 5 | |
| Sales $ | 11,000 | 11,000 | 17,000 | 16,000 | 10,000 |
The company wants to have 25% of the next quarters expected sales in ending inventory at the end of each quarter. The company has 3,000 units in inventory at the beginning of the 1st quarter.
Fill in the production budget below to determine how many units the company needs to manufacture each quarter.
| Quarter 1 | Quarter 2 | Quarter 3 | Quarter 4 | |
| Sales in Units | ||||
| Desired Ending Inventory | ||||
| Total Units Needed | ||||
| Expected Beginning Inventory | ||||
| Units to Produce |
How many units should be produced for the full year? $
What is the expected number of units in ending inventory at the end of the year?
$
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Executive Roadmap To Fraud Prevention And Internal Control Creating A Culture Of Compliance
Authors: Joel T. Bartow, Martin T. Biegelman
2nd Edition
1118004582, 9781118004586
