Answer:
8,200 units
Explanation:
A production budget is estimate of the quantity of a product that a business is expected to manufacture to meets the budgeted level of sales volume and the desired level of inventory at the end of a particular accounting period.
To determine the production budget, budgeted sales volume is adjusted for opening and closing inventories using the formula below:
Budgeted sales + Closing inventory - Opening Inventory
= 8,000 + 1,400 - 1,200
= 8,200 units
Production budget = 8,200 units
Answer:
$4,560
Explanation:
Credit Sales $456,000
Bad Debt Expense (456,000*1%) $4,560
It is assumed that bad debt expense of 1% is allowed on gross credit sales rather than net credit sales.
Answer: Option (C)
Explanation:
Sales mix is referred to as or known as the calculation that tends to determine proportion of each commodity or product that a business/organization sells relative to the total sales. Sales mix is mostly significant since some of the products, commodity or services tends to be much more profitable than the others, and thus if an organization's sales mix changes,so will its profits.
The clearing house settle the accounts by hiring an accountant to do the work.
