Use the following information to answer questions 4, 5, & 6: The Tide Company has budgeted...
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Use the following information to answer questions 4, 5, & 6: The Tide Company has budgeted sales for the year 2021 as follows: Sales in units Quarter 10,000 12,000 14,000 3 16,000 15,000 qtr 2007 The ending inventory of finished goods for each quarter should equal 25% of the next quarter's budgeted sales in units. The finished goods inventory at the start of the year is 2,500 units. Four pounds of raw materials are required for each unit produced. Raw materials on hand at the start of the year total 4,200 pounds. The raw materials inventory at the end of each quarter should equal 10% of the next quarter's production needs in material. Scheduled production for the third quarter should be Multiple Choice 14.500 units 18,500 units 5.500 unt 13,500 units Use the following information to answer questions 4, 5, & 6: The Tide Company has budgeted sales for the year 2021 as follows: Sales in units Quarter 10,000 12,000 14,000 3 16,000 15,000 qtr 2007 The ending inventory of finished goods for each quarter should equal 25% of the next quarter's budgeted sales in units. The finished goods inventory at the start of the year is 2,500 units. Four pounds of raw materials are required for each unit produced. Raw materials on hand at the start of the year total 4,200 pounds. The raw materials inventory at the end of each quarter should equal 10% of the next quarter's production needs in material. Scheduled production for the third quarter should be Multiple Choice 14.500 units 18,500 units 5.500 unt 13,500 units
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