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Vitek1552 [10]
3 years ago
11

Production and sales estimates for May for Cardinal Co. are as follows: Estimated inventory (units), May 1 19,500 Desired invent

ory (units), May 31 19,300 Expected sales volume (units): Territory W 6,000 Territory X 7,000 Territory Y 8,000 Unit sales price $20 ​
The number of units expected to be sold in May is
Business
1 answer:
maxonik [38]3 years ago
4 0

Answer:

21,000 units

Explanation:

The number of units expected to sold in May is the combination of  expected sales volumes in Territory W,Territory X and Territory Y.

In other words,total sales volume is the addition of all segments' sales volume.

Territory W has expected sales of 6,000 units

Territory X has expected sales of 7,000 units

Territory Y has expected sales of 8 000 units

Total units expected to be sold=6,000+7,000+8,000

                                                   =21,000 units

The expected production could be computed as expected sales volume +desired ending inventory minus desired opening inventory

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irakobra [83]

Answer:

Explanation:

The journal entries are shown below:

On July 4:

Accounts receivable A/c Dr $7,245

          To Service revenue A/c $7,245

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Cost of goods sold A/c Dr $5,000

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Cash A/c Dr $19,200

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3 years ago
Marketing cannot be successful if the product is not what the customer wants or if the quality is low.
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Inflation is 20 percent. Debt is $2 trillion. The nominal deficit is $300 billion. What is the real deficit or surplus
algol13

Answer:

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Explanation:

Since we have a nominal deficit in the question, what we are to calculate is the real deficit.

The real deficit can be described as the actual or nominal deficit that has been adjusted for the effect of inflation on the debt. Therefore, the real deficit can be calculated using the following formula:

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From the question, we have:

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2 years ago
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