The required production of a product manufactured by Ditto Manufacturers for 2023 is 38 000 units. The opening inventory on 01 January 2023 was 6 000 units and a closing inventory of 4 000 units is desired on 31 December 2023. What are the expected sales of the product for 2023? A. 40 000 units B. 48 000 units C. 28 000 units D. 36 000 units

Ivanhoe Company produces and sells automobile batteries, the heavy-duty HD-240. The 2022 sales forecast is as follows. Quarter HD-240 1 4,300 2 6,020 3 4 6,880 8,600 The January 1, 2022, inventory of HD-240 is 1,720 units. Management desires an ending inventory each quarter equal to 40% of the next quarter's sales. Sales in the first quarter of 2023 are expected to be 25% higher than sales in the same quarter in 2022. Prepare quarterly production budgets for each quarter and in total for 2022.

Assume Will & Partners LLP has the following information on the number of sales orders received and order - processing costs for the latter half of 2022:   Use the high -low method to estimate the order -processing costs if Will & Partners receives 3,500 sales orders in December (assume none of the above values are outliers)   $36,000 $ 44,600 $38,400 $ 37,333 $42,000

Remar, Inc. reported the following results from sales of 5,000 units of Product C for the month of June 2019 (refer to the attached picture): Assume that Remar, Inc. increases the selling price of Product C by 10% on July 1, 2019. How many units of Product C would have to be sold in July 2019 in order to generate an operating income of P20,000?   sales                                       200,000 variable cost                          120,000 fixed cost                                 60,000 operating income                    20,000

Crane Company produces and sells automobile batteries, the heavy-duty HD-240. The 2027 sales forecast is as follows. Quarter HD-240 1 4,000 2 5,600 3 6,400 4 8,000 The January 1, 2027, inventory of HD-240 is 1,600 units. Management desires an ending inventory each quarter equal to 40% of the next quarter's sales. Sales in the first quarter of 2028 are expected to be 25% higher than sales in the same quarter in 2027. Prepare quarterly production budgets for each quarter and in total for 2027. CRANE COMPANY Production Budget Product HD-240 1 2 Quarter

Refer to Cornerstone Exercises 2.2 and 2.3. Next year, Pietro expects to produce 50,000 units and sell 49,300 units at a price of 12.50 each. Beginning inventory of finished goods is 42,500, and ending inventory of finished goods is expected to be 34,000. Total selling expense is projected at 26,000, and total administrative expense is projected at 134,000. Required: 1. Prepare an income statement in good form. Be sure to include the percent of sales column. 2. What if the cost of goods sold percentage for the past few years was 65 percent? Explain how management might react.

How many units are estimated to be sold if Kino, Inc., has planned production of 750,000 units, a desired beginning inventory of 30,000 units, and a desired ending inventory of 45,000 units?

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.

How many units are estimated to be sold if ABC Co., has a planned production of 890,724, a desired beginning inventory of 160,000, and a desired ending inventory of 100,000 units?

Patiomaster Products manufactures patio furniture. The estimated numbers of sets to be sold for the last three months of 2022 is: Month   Sales  October 10,000  November 7,000  December 5,000  January 6,000  Finished goods inventory at the end of September is expected to be 3,000 units. Finished goods inventory is set at 30 percent of next month's sales. How many tables will need to be produced in October?