Garza Electronics expects to sell 500 units in January, 250 units in February, and 1,000 units in March. January's beginning inventory is 700 units. Expected sales for the whole year are 7,200 units. Garza has decided on a level monthly production schedule of 600 units (7,200 units/12 months = 600 units per month). What is the expected end- of-month inventory for January, February, and March?
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- If the sales forecast estimates that 50,000 units of product will be sold during the following year, should the factory plan on manufacturing 50,000 units in the coming year? Explain.Grey Manufacturing Company expects sales to total 18,600 units in the first quarter, 16,000 units in the second quarter, and 23,000 units in the third quarter of the current fiscal year. Company policy is to have on hand at the end of each quarter an amount of inventory equal to 10% of the following quarter’s sales. Given this information, how many units should be scheduled for production in the second quarter?In October, November, and December, CVM Inc. expect to sell 50,000, 48,000, and 51,000 units respectively. The company's policy is to keep an end-of-month finished-goods inventory equal to 40% of the following month's sales. On the basis of this information, how many units would the company plan to produce in November?
- Ben Company has the following sales forecast for the next quarter: April, 20,000 units; May, 24,000 units; June, 28,000 units. Sales totaled 16,000 units in March. The end of April finished goods inventory was 4,800 units. End-of-month finished goods inventory levels are planned to be equal to 20 percent of the next month's planned sales. The unit to be produced for May is: A. 29,600 units. B. 28,800 units. C. 24,000 units. D. 24,800 units.Your company expects sales of Production W to be 60,000 units in April, 75,000 units in May and 70,000 units in June. The company desires that the inventory on hand at the end of each month be equal to 40% of the next month’s expected unit sales. Given this information, Walsh Company’s production of Product W for the month of May should be ____.Rochor & Co has the following sales forecast for the next quarter: April, 20,000 units; May, 24,000 units; June, 28,000 units. Sales totalled 16,000 units in March. The March finished goods inventory was 4,000 units. End-of- month finished goods inventory levels are planned to be equal to 20 percent of the next month's planned sales.How many units would be produced in May?Question 16 options: 1) 5,600 units 2) 4,800 units 3) 24,800 units 4) 20,800 units
- Swansong plans to sell 10,000 units of a particular product during July, and expects sales to increase at the rate of 10% per month during the remainder of the year. The June 30 and September 30 ending inventories are anticipated to be 950 units and 1,100 units, respectively. On the basis of this information, how many units should Swansong purchase for the quarter ended September 30? Select one: a. 34,750 units b. 31,850 units c. 33,250 units d. 32,950 unitsDouglas Company plans to sell 24,000 units of Product A during July and 30,000 units during August. Sales of Product A during June were 25,000 units. Past experience has shown that end-of-month inventory should equal 3,000 units plus 30% of the next month's sales. On June 30 this requirement was met. Based on these data, how many units of Product A must be produced during the month of July?Packer Company expects to sell 4,500 units for $180 each for a total of $810,000 in January and 5,000 units for $220 each for a total of $1,100,000 in February.The company expects cost of goods sold to average 70% of sales revenue, and the company expects to sell 4,600 units in March for $270 each.Packer's target ending inventory is $20,000 plus 50% of the next month's cost of goods sold. Prepare Packer's inventory, purchases, and cost of goods sold budget for January and February. Packer Company Inventory, Purchases, and Cost of Goods Sold Budget Two months Ended January 31 and February 28 January February Cost of goods sold ----------------------------------------------------------------------------------------------------------------------------------------- Plus: Desired ending merchandise inventory…
- Rocker Company expects to sell 8,500 units for $170 each for a total of $1,445,000 in January and 2,500 units for $225 each for a total of $562,500 in February. The company expects cost of goods sold to average 50% of sales revenue, and the company expects to sell 4,300 units in March for $260 each. Rocker's target ending inventory is $18,000 plus 40% of the next month's cost of goods sold. Prepare Rocker's inventory, purchases, and cost of goods sold budget for January and February. KOCker Company Inventory, Purchases, and Cost of Goods Sold Budget Two months Ended January 31 and February 28 January February Cost of goods sold Plus: Desired ending merchandise inventory Total merchandise inventory required Less: Beginning merchandise inventory Budgeted purchases Clear all Check answer Help me solve this Etext pages Calculator Home F12 F10 11 F9 F7 F8 F5 F6 F3Rocker Company expects to sell 7,000 units for $180 each for a total of $1,260,000 in January and 1,500 units for $190 each for a total of $285,000 in February. The company expects cost of goods sold to average 60% of sale revenue, and the company expects to sell 4,300 units in March for $260 each. Rocker's target ending inventory is $15,000 plus 50% of the next month's cost of goods sold Prepare Rocker's inventory, purchases, and cost of goods sold budget for January and February Rocker Company Inventory, Purchases, and Cost of Goods Sold Budget Two months Ended January 31 and February 28 January February Cost of goods soid Plus: Desired ending merchandise inventory Total merchandise inventory required Less: Beginning merchandise inventory Budgeted purchases Your protection has expire Don't leave your devices exposed to virus Uneretested devices are perfect targets forCroy Inc. has the following projected sales for the next five months: Month Salen in Unita 3,850 3,875 4, 260 4,135 3,590 April May June July August Croy's finished goods inventory policy is to have 60 percent of the next month's sales on hand at the end of each month, Direct materials cost $3.10 per pound, and each unit requires 2 pounds. Direct materials inventory policy is to have 50 percent of the next month's production needs on hand at the end of each month. Direct materials on hand at March 31 totaled 3,865 pounds. Required: 1. Determine budgeted production for April, May, and June. 2. Determine budgeted cost of materials purchased for April and May.