Question
XYZ Bottling Company sells fruit-flavored colas. Estimated sales in cartons for May, June, and July are 2,000, 5,000 and 4,000 respectively. The price is forecast
XYZ Bottling Company sells fruit-flavored colas. Estimated sales in cartons for May, June, and July are 2,000, 5,000 and 4,000 respectively. The price is forecast at $5 per carton. MNO requires that finished goods ending inventory be 30% of the next month's sales. Inventory was 600 units on May 1. Each carton requires 15oz of fruit syrup and 150 oz of carbonated water. Materials ending inventory is 20% of the next month's production needs. May 1 inventory met that requirement.
A. | Budgeted revenue for May is $__________________. |
B. | Budgeted revenue for July is $__________________. |
C. | Production in May is __________________ cartons. |
D. | Production in June is __________________ cartons. |
E. | Purchases of syrup in May is __________________ ounces. |
F. | Purchases of carbonated water in May is __________________ ounces. |
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