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Lesechka [4]
3 years ago
6

If the expected sales volume for the current period is 8,000 units, the desired ending inventory is 1,400 units, and the beginni

ng inventory is 1,200 units, the number of units set forth in the production budget, representing total production for the current period, is
Business
1 answer:
Maru [420]3 years ago
4 0

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

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Dorcan Corporation manufactures and sells T-shirts imprinted with college names and slogans. Last year, the shirts sold for $7.5
stellarik [79]

Answer:

correct option is (A) 16,500 units.

Explanation:

given data

shirts sold = $7.50

variable cost  = $2.25

after tax net income = $5,040

selling price  =$10

solution

we get here first fixed cost that is

Break even sales units = Fixed costs ÷ Contribution per unit   .............1

put here value

20000 = \frac{fixed \  cost }{7.50 -2.25}

Fixed costs = $105000  

and

Fixed costs coming year will be

Fixed costs coming year =  ($105000 × 1.10)

Fixed costs coming year = $115500

and

Variable cost =  $2.25 + ($2.25 × \frac{1}{3} )

Variable cost = $3

so that Contribution margin  will be

Contribution margin = Sales price - Variable cost ............2

Contribution margin = $10 - $3

Contribution margin = $7

and

break even sales units is

break even sales  = \frac{115500}{7}  

break even sales  = 16500 units

so correct option is (A) 16,500 units.

4 0
3 years ago
In the 1960s, a popular ad stated that "blondes have more fun!" this is an example of ______.
ololo11 [35]
Salutations!

In the 1960s, a popular ad stated that "blondes have more fun!" this is an example of ______.

<span>In the 1960s, a popular ad stated that "blondes have more fun!" this is an example of positive correlation. Positive correlation means that two or more thing are probable to happen at once.

Hope I helped :D</span>
5 0
3 years ago
Marcus is a self-employed marketing consultant. He is good at helping his clients with their marketing challenges; however, he i
Xelga [282]

Answer:

outsource the accounting function to another firm

Explanation:

Based on this information regarding Marcus' situation, the best advice would be for him to outsource the accounting function to another firm. This is something that many individuals/companies do and will allow Marcus to focus all of his time and energy on what he is best at (which is helping his clients with their marketing challenges.) while at the same time making sure that the accounting tasks such as billing the clients are done quickly and correctly.

8 0
3 years ago
Sidewinder, Inc., has sales of $634,000, costs of $328,000, depreciation expense of $73,000, interest expense of $38,000, and a
OlgaM077 [116]

Answer:

$86,050

Explanation:

Data provided in the question:

Sales = $634,000

Costs = $328,000

Depreciation expense = $73,000

Interest expense = $38,000

Tax rate = 21 percent

Dividends paid = $68,000

Now,

EBIT = Sales - Cost - Depreciation

= $634,000 - $328,000 - $73,000

= $233,000

EBT = EBIT - Interest

= $233,000 -  $38,000

= $195,000

Net income = EBT - Tax

= $195,000 - (0.21 × $195,000)

= $195,000 - $40,950

= $154,050

Addition to retained earnings = Net income - Dividends

= $154,050 - $68,000

= $86,050

7 0
3 years ago
Q 7.13: a(n)________ requires a journal entry by the depositor.
kozerog [31]
A BANK SERVICE CHARGE requires a journal entry by the depositor.
On the other hand, the bank errors do not require a journal entry by the depositor.
A journal entry refers to an entry made inside a journal (a bank record). The bank service charge is always shown on the bank statement and on the last date of the bank statement.
4 0
3 years ago
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