Motorcycle Manufacturers, Inc., projected sales of 59,700 machines for the year. The estimated January 1 inventory is 7,000 units, and the desired December 31 inventory is 7,070 units. The budgeted production for the year is a.59,630 b.59,770 c.59,700 d.45,630

Cypress Inc. has the following budgeted sales for the next quarter.Month:         1                   2                     3Units:       10,000            11,000             12,000Inventory of finished goods on hand at the beginning of the quarter is 7,000 units. The company desires to maintain ending inventory equal to beginning inventory plus 5,000 units every month.Calculate the total quantity to be produced during the quarter.

Fortune Company's direct materials budget shows the following cost of materials to be purchased for the coming three months: January February March Material purchases $ 13,120 $ 15,230 $ 12,050 Payments for purchases are expected to be made 50% in the month of purchase and 50% in the month following purchase. The December Accounts Payable balance is $7,800. The budgeted cash payments for materials in January are:

Harbour Inc. projected sales of 252,000 personal journals for 20Y6. The estimated January 1, 20Y6, inventory is 13,700 units, and the desired December 31, 20Y6, inventory is 19,700 units. What is the budgeted production (in units) for 20Y6?fill in the blank 1 units

Osprey Cycles, Inc. projected sales of 58,849 bicycles for the year. The estimated January 1 inventory is 5,693 units, and the desired December 31 inventory is 6,746 units. What is the budgeted production (in units) for the year? units

Atlanta Industries sales budget shows quarterly sales for the next year as follows: Quarter 1–10,000; Quarter 2–8,000; Quarter 3–12,000; Quarter 4–14,000. Company policy is to have a target finished-goods inventory at the end of each quarter equal to 20% of the next quarter’s sales. Budgeted production for the second quarter of next year would be:

Assume the following budgeted information for a merchandising company: Budgeted sales (all on credit) for November, December, and January are $241,000, $211,000, and $202,000, respectively. Cash collections of credit sales are expected to be 75% in the month of sale and 25% in the month following the sale. The cost of goods sold is always 65% of sales. Each month’s ending inventory equals 20% of next month’s cost of goods sold. 40% of each month’s merchandise purchases are paid in the current month and the remainder is paid in the following month. Monthly selling and administrative expenses that are paid in cash in the month incurred total $21,500. Monthly depreciation expense is $21,000. The expected cash collections from customers in December are:

ABC Company's actual unit sales in the current year for January, February, and March were 16,500, 13,500, and 19,500 units, respectively. Current year selling price is $20. An analysis of general economic trends and specific initiatives at ABC forecasts increases for the coming budget year: sales volume by 10% and sales price by 5%. Required: Prepare ABC Company's budgeted unit sales and total sales volume for the first quarter of the coming year. Current sales (units) Budgeted volume increase Budgeted sales (units) Budgeted selling price Budgeted total sales January $ 0 % February $ 0 % $ March 0 % $ Total 0 %

Motorcycle Manufacturers, Inc., projected sales of 59,000 machines for the year. The estimated January 1 inventory is 6,410 units, and the desired December 31 inventory is 7,440 units. The budgeted production for the year is a.57,970 b.59,000 c.60,030 d.45,150

A manufacturing company's sales budget indicates the following sales: January: $30,000; February: $20,000; March: $15,000. The company expects 80% of the sales to be on account. Credit sales are collected 30% in the month of the sale and 70% in the month following the sale. The total cash receipts collected during March will be $