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Use the following information to answer questions 11 to 14 Projected sales for Silver, Inc., for next year and beginning and ending inventory data are
Use the following information to answer questions 11 to 14 Projected sales for Silver, Inc., for next year and beginning and ending inventory data are as follows: Sales 40,000 units Unit price $20 Beginning FG inventory 20,000 units Desired FG ending inventory 10,000 units Each unit requires 5 kilos of material which costs $3.00 per kilo. The beginning inventory of raw materials is 5,000 kilos. The company wants to have 3,000 kilos of material in inventory at the end of the year. 11. Budgeted sales revenue would be: $580,000 $600,000 $800,000 O o $840,000 12. According to the production budget, how many units should be produced? O 30,000 units 42,000 units . 46,000 units 50,000 units O 46,000 units O 50,000 units 13. What will be the budgeted raw material purchase for next year? 142,000 kilos O 148,000 kilos 150,000 kilos O 152,000 kilos 14. The budgeted total purchase cost of direct materials would be $456,000 O $450,000 O $444,000 O $426,000 Back Next Clear form Never submit passwords through Google Forms. This content is neither created nor endorsed by Google. Report Abuse - Terms of Service - Privacy Policy
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