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Sloan [31]
3 years ago
11

Ruiz Co. provides the following unit sales forecast for the next three months: January February March Sales units 3,000 4,200 5,

000 The company wants to end each month with ending finished goods inventory equal to 10% of the next month’s sales. Finished goods inventory on December 31 is 300 units. The budgeted production units for February are:
Business
2 answers:
Svetlanka [38]3 years ago
8 0

Answer:

The budgeted production in February is 4280 units.

Explanation:

The ending inventory for January would be 10% of January's budgeted sales. Thus, the ending inventory will be = 4200 * 0.1  =  420 units

The budgeted production in February will be enough to meet the desired ending inventory for February and the remaining sales for the month of February after selling the opening inventory for February.

Desired ending inventory February = 5000 * 0.1 = 500 units

The budgeted production in February is,

Production = Closing Inventory + Sales - Opening inventory

Production = 500 + 4200 - 420  =  4280 units

dybincka [34]3 years ago
7 0

Answer:

The budgeted production units for February are: 4280 units

Explanation:

Ruiz Co.

Particulars                           January        February       March

Sales units                            3,000             4,200        5,000

-Opening Inventory               300                 420          500

<u>+Closing Inventory                420                  500                       </u>

<u>Production Budget             3120                4280     </u><u>                  </u>

The budgeted production units for February are: 4280 units

Production is calculated as

Production = Sales + Ending Inventory Less Opening Inventory

The Ending inventory of one month is the opening inventory of the next month.

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Camp Elim obtains a $125,000, 6%, five-year loan for a new camp bus on January 1, 2021. If the monthly payment is $2,416.60, by
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The carrying value decrease when the first payment is made on January 31 was made will be:

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Kenny, Inc., is looking at setting up a new manufacturing plant in South Park. The company bought some land six years ago for $7
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$33,540,000

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The purchase cost of the land is considered a sunk costs, since it is not relevant now. What is relevant is the price at which the land could be sold at the moment of starting the project.

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Paparo Corporation has provided the following data from its activity-based costing system:
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<u></u>

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Assembly=  926,800/56,000= $16.55 per machine-hour

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<u>Now, we can allocate costs based on actual activity:</u>

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Total allocated costs= $22,099

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<u>Finally, the unitary total cost:</u>

Unitary total cost= 31.57 + 51 + 41.17

Unitary total cost= $123.74

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