How many mugs should fab plan on producing

Assignment Help Cost Accounting
Reference no: EM132562580

Fab Manufacturing Corporation manufactures and sells stainless steel coffee mugs. Expected mugs sales at Fab (in units) for the next three months are as follows:

Budgeted unit sales

October            November             December

26,000                27,000               30,000

Fab likes to maintain a finished goods inventory equal to 30% of the next month's estimated sales.

Question 1: How many mugs should Fab plan on producing during the month of November?

Reference no: EM132562580

Questions Cloud

Estimate what is materials quantity variance for month : What is the materials quantity variance for the month? Standard quantity per unit of output 8 pounds,Standard price $18.00 per pound
Differences between static and dynamic models : How does prescriptive analytics relate to descriptive and predictive analytics? Explain the differences between static and dynamic models
What the cleaning equipment and supplies in the planning : What The cleaning equipment and supplies in the planning budget for September would be and The cleaning equipment and supplies in the flexible budget for Sept
What the predetermined overhead rate for november should be : The company recomputes its predetermined overhead rate every month. What The predetermined overhead rate for November should be
How many mugs should fab plan on producing : How many mugs should Fab plan on producing during the month of November? Fab Manufacturing Corporation manufactures and sells stainless
What is the company return on investment : What is the company's return on investment (ROI)? Mow Yur Lawns is a major corporation with the data from last year. What is the company's residual income
Controls for windows system : Is the C-I-A triad adequate when selecting controls for Windows system? Why or why not? Does multilayered defense guarantee that attacks will not be successful
Compute the nominal annual rate of interest : Compute the nominal annual rate of interest (compounded quarterly) at which $980.00 deposited at the end of each quarter for 11 years
Discuss organization need for physical security : Discuss an organization's need for physical security. What methods, approaches, and models can be used by organizations when designing physical security needs?

Reviews

Write a Review

Cost Accounting Questions & Answers

  How will the automated systems change product costing

How will the automated systems change product costing? What are some cost drivers that the company should employ? In what situations should it employ them?

  Equity-based compensation plans does intel have

What number of diluted weighted-average shares outstanding was used by Intel in computing earnings per share for 2011 and 2012? What were Intel's diluted earnings per share in 2011 and 2012?

  Prepare the income statement with a supporting cost of goods

Mesa Designs, Prepare the income statement with a supporting cost of goods sold statement. (Enter your answers in thousands of dollars)

  Perform a cvp analysis based on cost classifications

Perform a CVP analysis based on cost classifications. Explain how a CVP analysis can assist management with short-term economic planning. Support your response with examples from your CVP analysis.

  Prepare the entry to record the receipt of the funds

Prepare the entry to record the receipt of the funds from the loan and prepare the entry to accrue the interest on June 30.

  Estimated the total manufacturing overhead for the year

What is the predetermined overhead rate for the year? Estimated the total manufacturing overhead for the year. What is the amount of overhead applied to Job 119

  Prepare budgeted income statements

Merline, a one-product mail-order firm, buys its product for $ 75 per unit and sells it for $ 150 per unit. The sales staff receives a 10% commission on the sale of each unit. Its December income statement follows.

  How is the concept of cost of goods sold different

acc504 TLC- How is the concept of cost of goods sold different than contribution margin? Explain the contribution margin concept/computation and when to use the information.

  What is the proper journal entry to record the costs

What is the Cost of units completed and transferred? What is the Cost of units in process, end? What is the proper journal entry to record the costs

  Calculate the profit margin ratio and the gross profit rate

Prepare an income statement using the format presented on page 243. Assume a 25% tax rate.

  Problem 1using the information provided prepare a salary

problem 1using the information provided prepare a salary budget for fyx2 71x1 to 630x2. volume in the budget year is

  Should massey choose if the goal is to lower taxes payable

Massey allocates a share of the overhead cost pool to the plant in Mexico. If Mexico has a lower tax rate than the United States, which method of allocation should Massey choose if the goal is to lower taxes payable?

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