A company budgeted unit sales of 102000 units for january

Assignment Help Accounting Basics
Reference no: EM13591641

A company budgeted unit sales of 102,000 units for January 2008 and 120,000 units for February 2008. The company has a policy of having an inventory of units on hand at the end of each month equal to 30% of next month's budgeted unit sales. If there were 30,600 units of inventory on hand on December 31, 2007, how many units should be produced in January 2008 in order for the company to meet its goal?

Reference no: EM13591641

Questions Cloud

Hazel company has just purchased equipment that requires : hazel company has just purchased equipment that requires annual payments of 20000 to be paid at the end of each of the
Jarvey corporation has a standard cost system in which it : jarvey corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of
If 10000 is deposited in a saving account at the end of : if 10000 is deposited in a saving account at the end of each year and the account pays interest of 5 compounded
Donna wells decide to start a dental practice the first : donna wells decide to start a dental practice. the first five transactions for the business follow. for each
A company budgeted unit sales of 102000 units for january : a company budgeted unit sales of 102000 units for january 2008 and 120000 units for february 2008. the company has a
The height is 30 cmthe trough is not full give an : a water trough is 8 m long and its cross-section is an isoscelestriangle which is 30 cm wide at the top and the height
Assume an exclusion ratio of 40 for the pension amir owns a : amir who is single retired from his job this year. he received a salary of 25000 for the portion of the year that he
A company has a process that results in 15000 pounds of : a company has a process that results in 15000 pounds of product x that can be sold for 8 per pound. an alternative
Seville company manufactures a product with a unit variable : seville company manufactures a product with a unit variable cost of 42 and a unit sales price of 75. fixed

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compute each projects payback period

Compute each projects payback period, indicating the mostdesirable project and the least desirable project using thismethod.

  Katie enterprises reports the year-end information from

katie enterprises reports the year-end information from 20x8 as follows sales 70000 units 560000 cost of goods sold

  What was the annual amount of depreciation for the years

equipment acquired on january 6 2011 at a cost of 714000 has an estimated useful life of 12 years and an estimated

  How effective are legal processes in regulating corporate

Many professionals believe it is impossible to regulate ethics. Yet, the SEC and other federal agencies provide rules, regulations, and laws surrounding corporate governance. How effective are the legal processes in regulating corporate governance..

  Total budgeted factory overhead

If the budgeted direct labor time for November is 7,100 hours, then the total budgeted factory overhead for November is:

  What marginal tax rate would an investor be

Debt issued by Southeastern Corporation currently yields 12%. A municipal bond of equal risk currently yields 8%. At what marginal tax rate would an investor be indifferent between these two bonds?

  What is the net present value of the investment

Income taxes are not considered in this problem. What is the net present value of the investment assuming the required rate of return is 10 percent? Would the company want to purchase the new machine?

  Land is purchased for 60000 bck taxes paid by the

land is purchased for 60000. bck taxes paid by the purchaser were 2400cleaning and grading costs were 3000fencing costs

  Current period accounting records

Presented below is selected information from the Kudlick Company's current period accounting records (in $000s):

  Mr man returned to hong kong for a total of 70 days being 7

mr. man has been working for a trading company as a sales manager for many years. his current monthly salary is 20000.

  Calculate depreciation expense for 2015

Calculate depreciation expense for the first three years and calculate depreciation expense for 2015

  On january 2 2011 jansing corporation acquired a new

on january 2 2011 jansing corporation acquired a new machine with an estimated useful life of five years. the cost of

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd