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You are a electric car manafbeter, Wos need to create a budget for the firse quarter of the current rear. Additional data for the first
You are a electric car manafbeter, Wos need to create a budget for the firse quarter of the current rear. Additional data for the first quarter of current vear (a) Upper Management has Car sales expectations as 50 Cars sold each quarter of 2023 b. Selling Price is calculating marking up each Car by 13006 over total cost. c. Finished goods inventory on December 31, 2022 consisted of 20 units at a cost of $159,200 . c. Upper managed expressed their desire a finished goods inventory of 50% of next quarters budgeted sales. The company uses fIFO inventory costing method. d. Direct materials cost is $1,000 per car e. Upper management expressed its desire to have enough raw material on
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