The following is budgeted production and sales information for Octofic Cans, Inc. for the month of December: Aluminum Tin Estimated beginning inventory 12,000 units 6,000 units Desired ending inventory 15,000 units 4,000 units Region I, anticipated sales 380,000 units 85,000 units Region II, anticipated sales 125,000 units 25,000 units The unit selling price for aluminum cans is $0.15 and for tin cans is $0.20. Budgeted sales for the month are _____. a. $81,550 b. $123,000 c. $97,750 d. $82,750
The following is budgeted production and sales information for Octofic Cans, Inc. for the month of December: Aluminum Tin Estimated beginning inventory 12,000 units 6,000 units Desired ending inventory 15,000 units 4,000 units Region I, anticipated sales 380,000 units 85,000 units Region II, anticipated sales 125,000 units 25,000 units The unit selling price for aluminum cans is $0.15 and for tin cans is $0.20. Budgeted sales for the month are _____. a. $81,550 b. $123,000 c. $97,750 d. $82,750
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter8: Budgeting
Section: Chapter Questions
Problem 2BE: Pasadena Candle Inc. projected sales of 800,000 candles for January. The estimated January 1...
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The following is budgeted production and sales information for Octofic Cans, Inc. for the month of December:
|
Aluminum |
Tin |
Estimated beginning inventory |
12,000 units |
6,000 units |
Desired ending inventory |
15,000 units |
4,000 units |
Region I, anticipated sales |
380,000 units |
85,000 units |
Region II, anticipated sales |
125,000 units |
25,000 units |
The unit selling price for aluminum cans is $0.15 and for tin cans is $0.20.
Budgeted sales for the month are _____.
a.
$81,550
b.
$123,000
c.
$97,750
d.
$82,750
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