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Karolina [17]
3 years ago
13

Bronze Company's sales forecast for April is 12,000 units, for May is 22,000 units, and for June is 25,000 units. Sales totaled

10,000 units in March. The finished goods inventory for March was 2,000 units. End-of-month finished goods inventory levels are planned to be equal to 15 percent of the next month's planned sales. The planned ending inventory of finished goods for May is:
A. 3,750 units.
B. 2,470 units.
C. 5,640 units.
D. 6,320 units.
Business
1 answer:
Arisa [49]3 years ago
8 0

Answer:

A. 3,750 units.

Explanation:

Since the inventory level is planned in such a way that the ending inventory of finished goods for a specific month is always equal to 15% of the units which will be sold during the next month, therefore, the ending inventory for month of May will be equal to the 15% of units which will be sold in the month of the June and shall be determined as follow:

May Ending inventory=0.15*units to be sold in June

                                    =0.15*25,000

                                    =3,750 units

So based on the above discussion and calculations, the answer is A. 3,750 units.

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Generational conflict

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The Foo Fighters were trying to reduce generational conflict by playing songs that all of the audience could enjoy, no matter their age.

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3 years ago
You receive​ $100 today,​ $200 in one​ year, and​ $300 in two years. If you deposit these cash flows into an account earning 12​
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Answer:

$628.49

Explanation:

Cash flows                     Discount factor      Future value

$100                         1.1449                $114.49

$200                         1.07                   $214

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The discount factor is as follows

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For $200 the year is 1

For $300 the year is 0

3 0
3 years ago
What happens if you pay off an installment loan early?
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You'll incur a prepayment fee
7 0
3 years ago
Read 2 more answers
How are time tickets and materials requisition slips similar?
lisov135 [29]

Time tickets and materials requisition slips are similar to. The cost associated with both must be credited to the Work in Process Inventory. Option A. This is further explained below.

<h3>What are time tickets?</h3>

Generally, A time ticket is a form filled out by workers to keep track of their working hours.

In conclusion, Both time tickets and materials requisition forms have certain similarities. Both must be accounted for in the Work in Process Budget.

<h3>Complete Question</h3>

How are time tickets and materials requisition slips similar?

The cost associated with both must be credited to the Work in Process Inventory. Costs associated with both must be recorded in the general ledger and job cost sheets.

Costs associated with both must be debited to Manufacturing Overhead.

Read more about Manufacturing

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7 0
2 years ago
A cartel is an example of: a price leadership. b price extortion. c tacit collusion. d overt collusion. e price discrimination.
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d overt collusion.

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Overt collusion occurs when a group of companies collude to increase price of a commodity in a given market.

Competing firms secretly come together to gain control in a market in a similar way to a monopoly.

Overt collusion is a formal agreement between the companies involved.

This practice is considered illegal in the United Kingdom and European Union

8 0
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