Question
The following information is from SASKCorp's 2021 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 2021 production budget:
Sales | Production | Ending Finished | |
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?
b) What is SASKCorp's expected ending finished goods inventory in the first quarter?
c) What is SASKCorp's expected ending finished goods inventory in the third quarter?
d) What is SASKCorp's expected beginning finished goods inventory in the third quarter?
e) What is SASKCorp's expected production in units in the second quarter?
f) What is SASKCorp's expected sales in units in the third quarter?
g) What is SASKCorp's expected production in units in the fourth quarter?
h) What is SASKCorp's expected sales in units in the first quarter of 2022?
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Aryo I Beginning inventory of first quarter Sales of first quartel X 151 65000 X 151 9750 unit 1 End...
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
12th Edition
978-0073526706, 9780073526706
