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ser-zykov [4K]
3 years ago
15

Turney Company produces and sells automobile batteries, the heavy-duty HD-240. The 2020 sales forecast is as follows. Quarter HD

-240 1 5,500 2 7,420 3 8,260 4 10,130 The January 1, 2020, inventory of HD-240 is 2,200 units. Management desires an ending inventory each quarter equal to 40% of the next quarter’s sales. Sales in the first quarter of 2021 are expected to be 25% higher than sales in the same quarter in 2020. Prepare quarterly production budgets for each quarter and in total for 2020.
Business
1 answer:
viktelen [127]3 years ago
3 0

Answer:

Explanation:

                         1                 2             3             4           5

sales             15500        7420        8260    10130   19220

Inventory     2200

Ending

inventory     2968          3304         4052       7688

Production  16,268       7756          9008     13766

Total production = 46,798

Workings

Ending  inventory

Quarter 1  =40%*7420

Quarter 2 40%*8260= 3304

Quarter 3 40%*10130=4052

Quarter 4 40%* 19220=7688

Production formula

Quarterly sales + ending inventory - opening inventory

Please note that the ending inventory of a quarter is the opening inventory of the next quarter

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3 years ago
Item 8 In a movie's opening weekend, 879,575 tickets are sold in 755 theaters. The average cost of a ticket is $9.50. What is th
Digiron [165]

Answer:

the average amount of money is 1,165

Explanation:

The computation of the average amount of money i.e. earned by each theater is shown below:

= Total number of tickets sold ÷ number of theaters

where,

The Total number of tickets sold is 879,575

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Now place these values to the above formula

So, the average amount of money is

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= 1,165

hence, the average amount of money is 1,165

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3 years ago
What are the different systems of management in buisnesas.
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7 0
2 years ago
Rowell Company spent $3 million two years ago to build a plant for a new product. It then decided not to go forward with the pro
ELEN [110]

Answer:

B. If the building could be sold, then the after-tax proceeds that would be generated by any such sale should be charged as a cost to any new project that would use it.

Explanation:

The proceeds from a potential sale are the opportunity cost of using the building for a given project instead of selling to a third party. Not including any cost will lead to project not recovering the entire capital used in it.

Is important to notice this is the after-tax proceeds from the sale of the building.

3 0
3 years ago
Cold Goose Metal Works Inc. is considering a one-year project that requires an initial investment of $500,000; however, in raisi
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Answer:

The rate of return expected on this project by Cold Goose Metal Works Inc. is 15.20%

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Since flotation cost is 4% that implies that $500,000 is actually 96% (100%-4%) of the cash proceeds from the capital funding,hence funds raised is computed thus:

funds raised=$500,000/0.96=$520,833.33  

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cash inflow is $600,000

cash outflow  is $520,833.33  

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The rate of return that Cold Goose Metal Works Inc is 15.20%

6 0
3 years ago
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