Determine the budgeted units of inventory for march

Assignment Help Accounting Basics
Reference no: EM133032229

Question - The Cardinal Company had a finished goods inventory of 55,000 units on January 1. Its projected sales for the next four months were: January - 200,000 units; February - 180,000 units; March - 210,000 units; and April - 230,000 units. The Cardinal Company wishes to maintain a desired ending finished goods inventory of 20% of the following month's sales. Determine the budgeted units of inventory for March 31.

Reference no: EM133032229

Questions Cloud

What is the yield to maturity when expressed in real terms : Interest is paid semiannually. If the inflation rate is 2.2 percent, what is the yield to maturity when expressed in real terms
Fire ground without taking unnecessary risks : How has this course helped you develop your mindset to be smarter and even faster on the fireground without taking unnecessary risks
What is the? partnership net business income : ABC Partnership has three? partners, A,? B, and? C, who share equally in the net income of the partnership. What is the? partnership net business income
Compute residual income, using net book value for each year : In computing ROI, this division uses end-of-year asset values in the denominator. Compute residual income, using net book value for each year
Determine the budgeted units of inventory for march : The Cardinal Company wishes to maintain a desired ending finished goods inventory of 20% of the following month's sales. Determine budgeted units of inventory
Describe sampling theory : Describe sampling theory and provide examples to illustrate your definition. Discuss generalizability as it applies to nursing research.
Outline three importance of inventory management : Question - Bad Dawg produces pork sausages annually which requires 0.2 kilogram of raw material. Outline three importance of inventory management
Determine the npv in usd by calculating the npv : Determine the NPV in USD by calculating the NPV in ZAR using the ZAR equivalent cost of capital according to the Fisher Effect and then converting to USD
By how much would capital invested in accounts receivable be : By how much would the capital invested in accounts receivable be reduced if the turnover could be increased to 6 without a loss of sales

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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