Question
The following information is from SASKCorp's 2019 production budget: Sales (in units) Production (in units) Ending Finished Goods Inventory (in units) First Quarter 65,000 65,750
The following information is from SASKCorp's 2019 production budget:
|
| Sales (in units) | Production (in units) | Ending Finished Goods Inventory (in units) |
| First Quarter | 65,000 | 65,750 | ? |
| Second Quarter | 70,000 | ? | 8,700 |
| Third Quarter | ? | 57,400 | ? |
| Fourth Quarter | 54,000 | ? | 9,750 |
Sask Corp's desired beginning finished goods inventory is 15% of the current quarter's sales.
a) What is SASKCorp's expected beginning finished goods inventory in the first quarter? units
b) What is SASKCorp's expected ending finished goods inventory in the first quarter? units
c) What is SASKCorp's expected ending finished goods inventory in the third quarter? units
d) What is SASKCorp's expected beginning finished goods inventory in the third quarter? units
e) What is SASKCorp's expected production in units in the second quarter? units
f) What is SASKCorp's expected sales in units in the third quarter? units
g) What is SASKCorp's expected production in units in the fourth quarter? units
h) What is SASKCorp's expected sales in units in the first quarter of 2020? units
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Internal Audit Emphasis Management In Organizations
Authors: Juarez Pinto, Anísio Cândido Pereira, Joshua Onome Imoniana
1st Edition
