Calculate the number of units to be produced

Assignment Help Software Engineering
Reference no: EM131796941

Osage Inc. has actual sales for May and June and forecast sales for July, August, September, and October as follows:

  Actual:

 

 

     May

5,920

 units

     June

6,250

 units

  Forecast:

 

 

     July

5,980

 units

     August

6,800

 units

     September

5,620

 units

     October

5,250

 units

Required:

a. The firm's policy is to have finished goods inventory on hand at the end of the month that is equal to 65% of the next month's sales. It is currently estimated that there will be 3,887 units on hand at the end of June. Calculate the number of units to be produced in each of the months of July, August, and September.

  • Production:
  • July:
  • August:
  • September:

b. Each unit of finished product requires 5 pounds of raw materials. The firm's policy is to have raw material inventory on hand at the end of each month that is equal to 50% of the next month's estimated usage. It is currently estimated that 26,600 pounds of raw materials will be on hand at the end of June. Calculate the number of pounds of raw materials to be purchased in each of the months of July and August.

  • purchases july:
  • purchases august:

Reference no: EM131796941

Questions Cloud

How much cash must be borrowed to maintain balance : Venetian Company management wants to maintain a minimum monthly cash balance of $20,500. At the beginning of April, the cash balance is $21,750.
Prepare the job cost sheets for each of the three jobs : In January, Reyes Tool & Dye requisitions raw materials for production as follows: Job 1 $900, Job 2 $1,200, Job 3 $700, and general factory use $600.
Prepare a direct materials budget for the march and june : Prepare a direct materials budget for the March and June quarters of 2017 in both units and dollars
What is responsibility accounting : What is responsibility accounting? Is it used at your current (or former) place of employment, and if not, would it work? Why, or why not?
Calculate the number of units to be produced : It is currently estimated that there will be 3,887 units on hand at the end of June. Calculate the number of units to be produced in each of the months of July
How depreciation provides a means of expensing the cost : A newly hired manager of a engineering company,does not understand how the cost of the firm's equipment is expensed.
Define the primary keys and the foreign keys : Define the above relations as tables in SQL making real world assumptions about the type of the fields. Define the primary keys and the foreign keys
What amount of the joint costs will be assigned to product a : Joint products A and B emerge from common processing that costs $80,000 and yields 5,000 units of Product A and 4,000 units of Product B.
What is the maximum transfer price for beta division : What is the maximum transfer price for Beta Division? (Omit the "tiny_mce_markerquot; sign in your response.)

Reviews

Write a Review

Software Engineering Questions & Answers

  Reply to post - mobile devices

Mobile devices provide a great platform for friends and family to share pictures and stay in touch, however, they can easily be manipulated to share too much information as well.

  Analysis of a large system development problem

Analyse and apply complex decision making to determine the appropriate methodology to apply to different development situations - Develop a good understanding of processes to ensure quality in the engineering of large software systems

  Question about programming languages

Various contemporary languages permit two kinds of comments, one in which delimiters are used on both ends, and one in which delimiter marks only the starting of the comment, Discuss the advantages and disadvantages of each.

  Create eer model using visio notation or supertypes notation

Create an EER model for the following situation using the traditional EER notation, Visio notation or supertypes notation.

  Describe the structure and contents of a design document

Describe the structure and contents of a design document. What do you consider the minimum amount of information for development to start building something?

  Create a project transition plan

When a project is ready to be deployed, a transition plan can help the transfer of ownership from the project team to the customer or organization that requested the project.

  Application development in the ios environment hi guysthis

hi guys ltbrgtthis is my second assignment with you. can you please review the assignment and give me a quote

  Explain alternative programming languages available

Describe a design of your chosen system and explain the basic architechture of a knowledgebased system.

  Leadership challenge selecting team members the leader of

leadership challenge selecting team members the leader of your client organization has observed a lack of flexibility

  Prepare a sequence diagram for booking confirmation use case

Prepare a sequence diagram for the booking confirmation use case. Must include a detailed description. Create a communication diagram for the booking confirmation use case.

  Describe differences between iterative and waterfall process

PROJECT REPORT DESCRIPTION. You will use an iterative software development process (UP) for this project. We have discussed this process in class and described the differences between iterative and waterfall process

  Explain which software model has more legal implications

Predict the long-term use of both open source and proprietary software models and explain which software model has more legal implications/issues than the other.

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