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Determine the Beginning Inventory for Quarter

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Reference no: EM133148055

Question - Max Corporation has a profit center that accumulated the following information for the first quarter ended:

Sales (200,000 units) 9,400,000

Variable Production Costs 4,800,000

Noncontrollable direct fixed costs 700,000

Controllable direct fixed costs 800,000

Indirect fixed costs 350,000

Ending inventory (units) 15,000

The manager wants to be prepared for the next three quarters and wants to produce enough products to cover their sales. Based on past experience, sales will increase by 10% on the second quarter and another 10% for the third quarter, 4th quarter sales will be 20% higher than quarter 3 and quarter 1 of next period is expected to be 10% lower than quarter 4 this year. To prepare for the following quarters, the manager plans to maintain a 20% ending inventory balance based on next quarter's requirements. Quarterly fixed costs will be unchanged. Determine the following amounts:

a) Determine the Segment Margin for Quarter 1.

b) Determine the Beginning Inventory for Quarter 3 (Units).

c) Determine the Ending Inventory for Quarter 4 (Units).

d) Determine the Units to produce for Quarter 4 (Units).

e) Determine the Inventory that should be available for Quarter 3 (units).

f) Determine the Variable Production Costs for Quarter 3 (pesos).

g) Determine the Segment Margin for Quarter 4 (pesos).

h) Determine the Sales in pesos for Quarter 4.

Reference no: EM133148055

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