Vaughn Company’s sales budget showed expected sales of 13480 widgets. Beginning finished goods contained 1110widgets. The company determined that 14120 units should be produced. How many widgets will the company have on hand at the end of the year? 1110 1750 640 470

Q: The Coby Company expects the following:   Sales 201,000 units of serving trays       Beginning…

A: Budgeted production indicated the units required to be produced. It can be calculated by adding up…

Q: Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following…

A: A sales budget is a estimated forecast of the expected units a company will sell over a period of…

Q: Shalimar Company manufactures and sells industrial products. For next year, Shalimar has budgeted…

A: The cash receipts budget is prepared to estimate the cash collection during the period. The cash…

Q: Waterway Industries has 11000 units in beginning finished goods. The sales budget shows expected…

A: Budgeting is a process of estimation of future plan about income and expenses. This able an…

Q: Robust Resources expects to sell 440 units of Product A and 390 units of Product B each day at an…

A: Budgeted Sales for a Week = (Sales units for week of Product 1 x Selling price) + (Sales units for…

Q: During the current year, Chudrick Corporation expects to produce 10,000 units and has budgeted the…

A: Total costs = variable costs + fixed costs = $1,100,000 + $100,000 = $1,200,000

Q: Brodrick Company expects to produce 20,000 units for the year ending December 31. A flexible budget…

A: Flexible budget:   A flexible budget is referred as a thorough plan for controlling the fixed and…

Q: XYZ Company expects to produce and sell 15,000 units during the next year with no beginning or…

A: Budgeted cost of goods sold is calculated by adding the raw materials cost,  labour cost, variable…

Q: Concord Corporation has 7000 units in beginning finished goods. The sales budget shows expected…

A: The production process of a company aligned with the desired ending inventory of the company, and…

Q: KC Home expects to manufacture and sell 50,000 chairs in the coming year for RM5 each. There are…

A: Budgets are the forecasts or estimates that are being made for future period of time. Budgets do not…

Q: A company has the following budget formula for annual electricity expense in its shop:…

A: Budgets are forecasts or estimates made for the future period. This is a quantitative expression of…

Q: A Company manufactures and sells one product which requires 8 kg of raw material in its manufacture.…

A: We have the following information: Company manufactures and sells one product which requires 8 kg…

Q: For next year, David Company has budgeted sales of 8,000 units, target ending inventory of 1,000…

A: Cost of goods sold refers to the expenses incurred by the company in order to sell the goods and…

Q: Fairfield Company management has budgeted the following amounts for its next fiscal year: selling…

A: The break-even point formula helps the management in determining the required quantity of units be…

Q: Dee and Co. is a small manufacturing company which has prepared the following monthly budgeted…

A: Solution:- 1)Calculation of sales revenue in value required to make a target profit of GH¢ 80,000 as…

Q: From photo, the ending inventory of finished goods for each quarter should equal 25% of the next…

A: The budget is prepared to estimate the data for future.

Q: XYZ Company expects to produce and sell 15,000 units during the next year with no beginning or…

A: As the questions asked have more than 1 question, the first question is answered. If you want the…

Q: XYZ Company expects to produce and sell 15,000 units during the next year with no beginning or…

A: Budgeted cost of goods sold = Direct material + Direct labor + variable manufacturing overhead costs…

Q: he marketing department of XYZ Corporation has submitted the following sales forecast for the…

A: Budgets are prepared to estimate the amount of sales, cash collection, cash payments, and production…

Q: Anderson Foods produces spécialty soup sold in jars. The projected sales in dollars and jars for…

A: Formula: Desired ending inventory  =Following month sales  units x 25% Beginning inventory = Current…

Q: Orange Corporation has budgeted sales of 23,000 units, targeted ending finished goods inventory of…

A: Number of units to be sold next year = Beginning finished goods inventory + units produced next year…

Q: The sales budget for Modesto Corp. shows that 20,000 units of Product A and 22,000 units of Product…

A: Budgeted sales is calculated by multiplying the sales units by the price per unit.

Q: XYZ Company expects to produce and sell 15,000 units during the next year with no beginning or…

A: Budgeted cost of goods sold = Direct material + Direct labor + variable manufacturing overhead costs…

Q: Fairfield Company management has budgeted the following amounts for its next fiscal year: Selling…

A: Break-even analysis is used to identify the break-even point. It is that point at which the fixed…

Q: Scottsdale Styles Inc.’s budgeted unit sales for the year 2016 were: Tables…

A: Formula snip:

Q: JK has prepared a budget for the next 12 months when it intends to make and sell four products,…

A: a) Profit Volume Graph: Profits or (losses) are plotted on the Y-axis (the vertical axis) while…

Q: Krier Industries has just completed its sales forecasts and its marketing department estimates that…

A: Budget helps to forecast the production of goods as per the desired sales units. This helps to…

Q: A company determined that the expected unit production cost is $40. On June 1, there were 83000…

A: Introduction:- Cost of goods produced is the cost allocated to produced units during an accounting…

Q: The master budget of Sheridan Company shows that the planned activity level for next year is…

A: Total variable costs = Indirect labor + Machine supplies + Indirect materials = $720000 + 180000 +…

Q: Sunset Motors, Inc., makes small motors for appliances and other uses. The company develops plans…

A: Sales budget is the budget which shows expected units to be sold in coming period.

Q: Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following…

A: Solution:- a)Preparation of a sales budget as follows:-

Q: Mars Company is in the period of budgeting for next year. The Sales manager forecasted the number of…

A: Revised sales are calculated by multiplying the revised selling price with the revised number of…

Q: The production budget shows expected unit sales of 37000. Beginning finished goods units are 3600.…

A: The question is based on the concept of Cost Accounting. Ending inventory is the balancing figure…

Q: Gregor Company is preparing a budget to determine the amount of part G12 to produce for the first…

A: Lets understand the basics. Budget is prepared by the management to understand the budgeted reveue…

Q: company determined that the budgeted cost of producing a product is $30 per unit.  On june 1 there…

A: Hence, the correct answer is (1). Budgeted cost of goods sold for the month of June is $13,050,000.…

Q: XYZ Company expects to produce and sell 15,000 units during the next year with no beginning or…

A: Cost of goods sold: Cost of goods sold is the total of all the expenses incurred by a company to…

Q: The following are the sales forecast of Avril Furniture Company for the upcoming fiscal year: Year 2…

A: Budgets are the estimated amount that is based on future sales, it helps in analyzing the current…

Q: The master budget of Knope Inc. shows that the planned activity level for next year is expected to…

A: Overhead rate is the rate which is calculated by dividing total manufacturing overheads by total…

Q: Orange Corporation has budgeted sales of 20 000 ​units, targeted ending finished goods inventory of…

A: Units to be Produced = Number of units budgeted to be sold + Target ending Finished goods inventory…

Q: Butsoy Corporation manufactures two products - Ayko and Ayza. The budget committee gathered the…

A: Budgeting:-Budget is the future estimated plan on which the company's management works. Businesses…

Q: Labor costs per hour and the other costs are not expected to change during the year. However, the…

A: Production budget refers to a statement prepared to estimate the production for a future period.

Q: XYZ Company expects to produce and sell 15,000 units during the next year with no beginning or…

A: Budgeted cost of goods sold = Direct material + Direct labor + variable manufacturing overhead costs…

Q: Use the information below for Mandy Corporation to answer the question that follow. Mandy…

A: The dollar amount of material is calculated by multiplying the amount per unit of material by the…

Q: cottsdale Styles Inc.’s budgeted unit sales for the year 2016 were: Tables…

A: Budget is defined as the revenue as well as expenses estimation for a particular time period and it…

Q: The Cole Company expects sales in 2018 of 204,000 units of serving trays. Cole's beginning inventory…

A: Budgeted production = Expected sales + Desired ending inventory - Beginning inventory Budgeted…

Q: Cloud Shoes manufactures recovery sandals and is planning on producing 12,000 units in March and…

A: Particulars April Budgeted production 11500 Raw material required per unit (yards) 1.2 Raw…

Q: Howard Temple, Inc., expects to sell 20,000 pool cues for $12.00 each. Direct materials costs are…

A: Expected no of units to be sold= 20000 Sales Price= $ 12 Direct Material=$2 Direct Labour= $ 4…

Q: Zeus Corporation has budgeted sales of 20 000 ​units, targeted ending finished goods inventory of 4…

A: Number of units to be produced: =Budgeted Sales +ending inventory levels -beginning inventory levels…

Q: The marketing department of IKEA Inc. has submitted the following sales forecast for the upcoming…

A: Hi student Since there are multiple subparts, we will answer only first three subparts.

Q: Orange Corporation has budgeted sales of 26,000 units, targeted ending finished goods inventory of…

A: Number of units to be produced  next year  = Budgeted sales + Budgeted ending inventory of finished…