Connor company produces speaker systems for cars estimated

Assignment Help Accounting Basics

Reference no: EM13567131

Connor Company produces speaker systems for cars. Estimated sales (in units) in January are 40,000; in February 37,000; and in March 34,000. Each unit is priced at $60. Connor wants to have 35% of the following month's sales in ending inventory. That requirement was met on January 1.

Each speaker system requires 3 boxes and 15 yards of wire. Boxes cost $4 each and wire is $0.60 per yard. Connor wants to have 20% of the following month's production needs in ending raw materials inventory. On January 1, Connor had 24,000 boxes and 100,000 yards of wire in inventory.

How many units does connor expect to produce in February?

Reference no: EM13567131

Questions Cloud

Should roi be the only gauge a company uses to evaluate : should roi be the only gauge a company uses to evaluate investments? also is it wise for a company to lose money on one

Mercer corporation is considering replacing a : mercer corporation is considering replacing a technologically obsolete machine with a new state-of-the-art

At the end of may 1300 pairs of shoes were in ending : winners inc. manufactures womens boating shoes. manufacturing overhead is assigned to production on a machine-hour

Te project would provide net operating income each year : harrison company is studying a project thatnbsp would have an eight-year life and would require a 300000 investment in

Connor company produces speaker systems for cars estimated : connor company produces speaker systems for cars. estimated sales in units in january are 40000 in february 37000 and

Activity cost pool activity rate opening accounts per : asked on february 21 2013 want an answer?the operations vice president of first bank of eagle kristin wu has been

Te machine will increase majors cash flows by 2000 : major corporation is considering the purchase of a new machine for 5000. the machine has an estimated useful life of 5

Suppose the exchange rate between us dollars and swiss : suppose the exchange rate between u.s. dollars and swiss francs is sf 1.41 1.00 and the exchange rate between the u.s.

Croyden is a calendar year accrual basis corporation mr and : croyden is a calendar year accrual basis corporation. mr. and mrs. croyden cash basis taxpayers are the sole corporate

User Account

All Pages