1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lunna [17]
2 years ago
11

waterloo, ltd. manufactures a component used in aircraft navigation systems. demand has been strong and the executive staff at w

aterloo is planning for next year. yesterday, you were called into a budgeting meeting where production plans were being reviewed. you learn that the inventory policy at waterloo is to hold one and one-half months’ worth of sales (to avoid issues with transportation disruptions). the sales budget for next year is 660,000 units, spread evenly over the year. because of an unexpected increase in demand, inventory at the end of this year is expected to be only 30,000 units. the capacity of the plant is 700,000 units annually.
Business
1 answer:
Anni [7]2 years ago
6 0

To meet the target the projected output level for next year required is 712,750.

What is sales budget ?

A sales budget is a financial strategy that projects the entire income of a business over a given time frame. To forecast the performance of the company, it relies on two factors: the volume of products sold and the price at which they are sold.

The calculation of the production level required to accomplish the goals for the following year is presented below:

Ending Inventory (662,000 ÷ 12 × 1.5) 82,750

Sales Budget                                    662,000

Total inventory required                744,750

Less Beginning Inventory             -32,000

Production                                    712,750  

Question:

Waterloo, Ltd. manufactures a component used in aircraft navigation systems. Demand has been strong and the executive staff at Waterloo is planning for next year. Yesterday, you were called into a budgeting meeting where production plans are being reviewed. You learn that the inventory policy at Waterloo is to hold one and one-half months’ worth of sales (to avoid issues with transportation disruptions). The sales budget for next year is 662,000 units, spread evenly over the year. Because of an unexpected increase in demand, inventory at the end of this year is expected to be only 32,000 units. The capacity of the plant is 702,000 units annually.1. What production level next year will be required to meet the targets? (Do not round intermediate calculations.)

To learn more about sales budget click on the link below:

brainly.com/question/16821253

#SPJ4

You might be interested in
Nancy, age 67, plans to retire in six months. She has $200,000 in a savings account. She would like to receive lifetime monthly
Oliga [24]
C. Sorry if I got it wrong have a good day
4 0
3 years ago
On July 1, 2020, Indigo Co. pays $9,400 to Sweet Insurance Co. for a 2-year insurance policy. Both companies have fiscal years e
aliya0001 [1]

Answer:

Explanation:

The journal entries are shown below:

On July 1

Prepaid insurance A/c Dr $9,400

    To Cash A/c $9,400

(Being the prepaid insurance for cash is recorded)

On December 31

Insurance expense A/c Dr $2,350

         To Prepaid insurance A/c $2,350

(Being the insurance expense is recorded)

The computation is shown below:

= Prepaid insurance amount ÷ number of years × number of months ÷ total number of months in a year

= $9,400 ÷ 2 years × 6 months ÷ 12 months

= $2,350

6 0
3 years ago
The unemployment rate is usually calculated as the number of unemployed individuals A)divided by the total number of people in a
DENIUS [597]
C.

The formula for unemployment rate is: Unemployment Rate = Number of Unemployed Persons / Labor Force. The labor force is the sum of unemployed and employed persons. By dividing the number of individuals whom are unemployed by labor force, you'll find the labor force participation, or unemployment rate
7 0
3 years ago
Read 2 more answers
Stocks for which any missed dividend payments must be paid in the future to the preferred shareholders before the common shareho
Murljashka [212]

Answer:

Preferred stocks

Explanation:

Preferred stocks are those that must be paid dividends first than common stock. The same thing happens in case of bankruptcy: preffered stock holders get paid first than common stock holders, although both are paid after bondholders.

The downside of preferred stocks is that they do not transfer control in the company. While common stock owners have the right to vote in company matters, preferred stock owners do not have that right.

5 0
3 years ago
When pete mills went to withdraw $5,000 from the nationwide fidelity mutual fund, he was informed that the fund would charge 5 p
ki77a [65]
250$ is 5% of $5000
5000 \times .05 = 250
3 0
3 years ago
Other questions:
  • Adaris has always been drawn to the saying “absence makes the heart grow fonder,” and she decides to incorporate this saying int
    10·1 answer
  • High school football is arguably more popular in West Texas than in any other region of the country. During football​ season, sm
    7·1 answer
  • Jamal needs to add universal action buttons to the slide master. Under which tab can the PowerPoint slide master be found? Desig
    10·1 answer
  • ____ are spending by the government on​ goods, services, and factors of production.
    11·1 answer
  • Management at WorkNewspapers are under tremendous pressure to stay relevant as people increasingly turn to the Internet for news
    8·1 answer
  • Troy has $50 a month transferred electronically from his checking account to his savings account. This is an example of:
    6·1 answer
  • John (45) and Cynthia (46) are married, and they will file a joint return. During the year, they earned investment income consis
    8·1 answer
  • The first step in the control process is ________. A) setting the desired morals
    14·1 answer
  • Productivity is a measure of:
    15·1 answer
  • If the annual real rate of interest is 5% and the expected inflation rate is 4%, the nominal rate of interest would be approxima
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!