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3 years ago

Inventory records for Dunbar Incorporated revealed the following:

Business

1 answer:

marshall27 [118]3 years ago

7 0

Ending inventory assuming weighted-average cost would be $694

Solution:

Given,

Dunbar sold 560 units of inventory

Apr. 1 Beginning inventory 550 $2.33

Apr. 20 Purchase 310 2.68

Now,

Ending inventory = 560 -550 = 10

= 310 -10 = 300

Ending inventory = 300 × $2.33 = $694

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Answer and Explanation:

a. The preparation of the sales budget is prepared below:-

Sonic Inc.

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Volume

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To reach the total revenue from sales we simply added the total of model rumble with a total of model thunder.

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Production budget

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Expected units to be

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(12,000 + 14,000) (3,500 + 4,000)

Add: Desired ending

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So, to reach at total units to be produced we simply deduct the beginning inventory from total units required.

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Explanation:

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