Based on the following production and sales estimates for May for Heron Company, determine the number of units expected to be manufactured in May. Estimated inventory (units), May 1 30,000 Desired inventory (units), May 31 25,000 Expected sales volume (units): South region 20,000 West region 40,000 North region 20,000 Unit sales price $10 a. 75,000 units Ob. 105,000 units C. 85,000 units d. 80,000 units

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Lens Junction sells lenses for $43 each and is estimating sales of 15,000 units in January and 19,000 in February. Each lens consists of 2 pounds of silicon costing $2.50 per pound, 3 oz of solution costing $3 per ounce, and 30 minutes of direct labor at a labor rate of $14 per hour. Desired inventory levels are: Jan. 31 Feb. 28 Mar. 31 Beginning inventory Finished goods 4,300 4,900 4,900 Direct materials: silicon 8,400 9,100 9,300 Direct materials: solution 11,000 11,800 12,900

QUESTION 2 Answer the questions from the information provided. 2.1 Use the information provided below to calculate the number of units of Product Tex that must be produced for July and August. INFORMATION 2.2 2.3 The estimated sales volume of Product Tex is 25 000 units for June, 21 000 units for July, 30 000 units for August and 36 000 units for September. The policy of management is to maintain an ending finished goods inventory each month equal to 20% of the current month's budgeted sales and 30% of the following month's budgeted sales. Study the information provided below and calculate the expected value of closing inventory as at 31 December 2022, if the FIFO method of inventory valuation is used. INFORMATION The following information was supplied by Sunbeam Manufacturers for 2022 in respect of its finished goods: Inventory on 01 January Cost of production of finished goods manufactured Cost of goods sold Sales value of the goods sold Use the information provided below to…

Lens Junction sells lenses for $44 each and is estimating sales of 16,000 units in January and 19,000 in February. Each lens consists of 2 pounds of silicon costing $2.50 per pound, 3 oz of solution costing $3 per ounce, and 30 minutes of direct labor at a labor rate of $22 per hour. Desired inventory levels are:   Jan. 31 Feb. 28 Mar. 31 Beginning inventory       Finished goods 4,500 5,100 5,200 Direct materials: silicon 8,600 9,000 9,300 Direct materials: solution 11,400 12,200 12,800 c). Prepare direct materials budget for silicon. d). Prepare a direct labor budget.

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sd subject-Accounting

A company produces and sells a single product, the standard unit costs details of which the follows: Direct marterial 2kilos x N$4.5 per kilo Direct labour 3 hours x N$5 per hour 3 hours x N$3 per hour 28°C Mostly sunny Variable overhead The total fixed overhead is budgeted at N$90,000 per month and absorbed on a rate per unit basis. The budgeted output per month is 15,000 units. The product has a standard selling price of N$50 per unit. The following actitivity took place during January and February: January February Sales A company produces and sells a single product 14,000 units 16,000 units OL O