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Victoria Corporation manufactures quality vases. Budgeted sales and production data for the vases are as follows: Month 1 budgeted unit sales Month 2 budgeted unit
Victoria Corporation manufactures quality vases. Budgeted sales and production data for the vases are as follows: Month 1 budgeted unit sales Month 2 budgeted unit sales Month 3 budgeted unit sales Month 1 budgeted unit production Month 2 budgeted unit production Month 3 budgeted unit production Raw material required for each finished unit (in pounds) 1,700 2,300 3,800 2,100 2,800 3,400 Each vase requires one pound of clay in its manufacture. Victoria Corporation has a policy that the inventory of clay at the end of each month needs to be equal to 30% of the production needs for the following month. At the beginning of January, 630 pounds of clay were in inventory. How many pounds of clay would Victoria Corporation need to purchase in February (Month 2)? A. 2,980 B. 3,580 C. 2,280 D. 2,310 Daisy Company manufactures dog collars. The following selected data relates to Daisy Company's budgeted sales and inventory levels of the dog collars for the upcoming quarter: October expected unit sales November expected unit sales December expected unit sales October desired ending unit finished goods inventory November desired ending unit finished goods inventory December desired ending unit finished goods inventory 2,100 2,600 2,400 810 770 500 How many dog collars should Daisy Company produce in November? O A. 4,180 B. 1,020 C. 2,560 OD. 3,370 Hewitt Company expects cash sales for July of $10,000, and a 18% monthly increase during August and September. Credit sales of $14,000 in July should be followed by 28% increases during August and September. What are budgeted cash sales and budgeted credit sales for September respectively? (Round final answers to the nearest dollar.) O A. $8,475 and $10,938 B. $12,800 and $16,520 C. $11,800 and $17,920 OD. $13,924 and $22,938
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