Ruiz Co. provides the following unit sales forecast for the next three months: January February March 5,200 6,000 Sales units 4,000 The company wants to end each month with ending finished goods inventory equal to 15% of the next month's sales. Finished goods inventory on December 31 is 600 units. The budgeted production units for January are: Multiple Choice 4,000 units. 4780 units. 90 units. 4,180 units 3,820 units.

ABCL Corporation predicts the following sales in units for the coming four months:                                   May     June  July      August    September Unit sales ……           400    500     520        480        540   Finished goods inventory on April 30: 120 units Raw materials inventory on April 30: 450 pounds   Desired ending inventory each month: Finished goods: 30% of next month's sales Raw materials: 25% of next month's production needs Number of pounds of raw material required per finished unit: 4 lbs.   Required: How many pounds of raw materials should be purchased in May?

Infinity Inc. has provided the following projected sales units for the next quarter: Projected Sales Units for Next Quarter Sales Units First month  Second month  Third month Projected sales units 10,000 12,000 15,000 Desired ending inventory is determined to be 10% of the next month’s projected sales. What would be the budgeted production units during the second month of the quarter? Group of answer choices 12,300 units 13,200 units 11,700 units 13,500 units

Masters Corporation provided their production budget for the next quarter: Units to be produced Desired Finished Goods Inventory 151,600 148,400 178,400 April 138,800 130,000 30,000 How many units is the company expecting to sell in the month of May? May Please explain what formula you used 150,000 28,400 June 142,000 31,600

How do I prepare the selling and administrative expense budget for the quarter ended March 31, 20X1?

Cousin Eddy provides you with his sales forecast for the next four months: April May 750 June July 790 Sales (Units) 670 The company wants to end each month with ending finished goods Inventory equal to 40% of next month's forecasted sales. Finished goods inventory on April 1 is 268 units. Assume July's budgeted production is 700 units. In addition, each finished unit requires four pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month's production needs. Beginning raw materials inventory for April was 842 pounds. Assume direct materials cost $5 per pound. Required: For May, how many units must be produced? (Hint: This is your production budget) Submit your answer below 700 with all work submitted via email.

Down Under Products, Limited, of Australia has budgeted sales of its popular boomerang for the next four months as follows:     Unit Sales April 74,000 May 85,000 June 114,000 July 92,000   The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of-month inventory levels must equal 10% of the following month’s unit sales. The inventory at the end of March was 7,400 units.   Required: Prepare a production budget by month and in total, for the second quarter.

Neon Inc. has a finished goods inventory of 20,000 units on July 1. The projected sales for July, August and September are 80,000 units, 90,000 units and 100,000 units, respectively. Its desired ending inventory is estimated as 20% of the current month’s budgeted sales. Determine the budgeted production for July. Group of answer choices 116,000 units 16,000 units 96,000 units 76,000 units

Frolic Corporation has budgeted sales and production over the next quarter as follows: September ? 61,150 Sales in units Production in units Multiple Choice 68,750 The company has 4,900 units of product on hand at July 1. 10% of the next month's sales in units should be on hand at the end of each month. October sales are expected to be 76,000 units. Budgeted sales for September would be (in units): 59,500 July 44,500 45,250 66,800 August 56,500 56,800

Spacely Sprockets' sales budget shows the following expected total sales: Month January February March April Sales $31,700 $41,700 $36,700 $31,700 The company expects 80% of its sales to be on account (credit sales). Credit sales are collected as follows: 30% In the month of sale and 68% In the month following the sale, with the remainder being uncollectible and written off in the month following the sale. Required: a. Calculate budgeted accounts receivable at the end of each month from February through April. b. Calculate budgeted cash Inflows from collection of receivables for each month from February through April. Note: Round your Intermediate calculations and final answers to the nearest whole dollar amount. a. Budgeted accounts receivable Answer is not complete. b. Budgeted cash inflows from collection of receivables February March April S 17,752 S 23,352 $ 20,552