How many units should jake produce during first quarter

Assignment Help Financial Accounting
Reference no: EM13137760

at january 2006, Jake, Inc. has beginning incentory of 3,000 surfboards. jakes estimates it will sell 14,000 units durind the first quarter of 2006 with a 10% encrease in sale each quarter. jakes policy is to maintain an ending inventory equal to 20% of the next quarter sales. each surfboard costs $140 and sol for $200. How many units should jake produce during the first quarter of 2007? a. $14,080 b. $14,000 c. 16,800 d. 14,200

Reference no: EM13137760

Questions Cloud

How much are total budgeted direct labor costs for january : Alpha Caps Company has budgeted production of 4,000 units in January. Each unit requires 1.5 hours of labor. The standard labor rate is $8.00 per hour. How much are total budgeted direct labor costs for January?
How many grams of h2so4 would be produced : If 488 g SO2 escaped into the atmosphere and all the escaped SO2 were converted to H2SO4. How many grams of H2SO4 would be produced in the atmosphere?
Information about domestic terrorism : What can be said of the relationship between extremism and terrorism? Are all terrorists extremists? Are all extremists terrorists?
How many widgets will company have on hand at the end : surprise Company's sales budget showed expected sales of 13,400 widgets. Beginning finished goods contained 1,200 widgets. the company determined that 14,100 units should be produced. how many widgets will the company have on hand at the end of t..
How many units should jake produce during first quarter : Jakes policy is to maintain an ending inventory equal to 20% of the next quarter sales. each surfboard costs $140 and sol for $200. How many units should jake produce during the first quarter of 2007?
Calculate the actual a/f ratio and do a wet : Find the stoichiometric A/F ratio (by mass) for the combustion of benzene (C6H6). Compute the actual A/F ratio and do a wet and dry analysis of the products by volume at a mixture strength of 95%.
Determining the macki capital account : Partners Ken and Macki each have a $40,000 capital balance and share income and losses in a 3:2. Cash equals $20,000, noncash assets equal $120,000, and liabilities equal $60,000. If the noncash assets are sold for $80,000, the Macki's capital acc..
Global warming : Global warming is a natural occurance rather a phenomenon caused by human activity
Analyse the relative attractions of leasing as a financing : A common question when making a capital budgeting decision is whether to lease or buy an asset. This is akin to the 'make or buy choice' that is often faced by management accountants.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Calculate the overhead controllable variance

the flexible manufacturing overhead budget shows that budgeted costs are $4 variable per direct labor hour and $50,000 fixed. Calculate the overhead controllable variance.

  Determine diekow production''s direct materials price

Calculation of materials price and quantity variances -  Determine diekow production's direct materials price and quantity variances for the year.?????

  Does the net allowance go with the ar amount

with the first column to the right for the 2009 AR amount and the next column to the right for 2008 AR amount. Does the $27.5 net allowance go with the 2009 AR amount or the 2008 AR amount?

  How loss should lara immediately recognize on this trade

Lara Co. traded its old computer for a new model. The following information is pertinent to this transaction: How much loss should Lara immediately recognize on this trade-in?

  Calculate this company profit margin-total asset turnover

Calculate this company's profit margin, total asset turnover, and return on total assets for 2009 and 2010. Comment on the results.

  Find out the liabiltiy for refurndable deposits to be report

Prepare the appropriate journal entries for the depositis received and returned during 2011. Find out the liabiltiy for refurndable deposits to be reported on the December 31, 2011, balance sheet.

  Prepare the journal entry to record the purchase of the bond

Prepare the journal entry to record the purchase of the bonds by Saxton-Bose on January 1, 2011. Enter your answers in dollars not in millions. Round "PV Factor" to 5 decimal places andfinal answers to the nearest whole dollar amount.

  Explain how depreciation provides a means of expensing

A newly hired manager of a engineering company,does not understand how the cost of the firm's equipment is expensed. In memo format, explain how depreciation provides a means of expensing the cost of equipment.

  Post the journal entries to the t-accounts

Post the journal entries to the T-accounts. (Hint: some new accounts must be opened. and Prepare all four financial statements for the year ended December 31, 2009.

  What amount of dividends will a shareholder owning share

What amount of dividends will a shareholder owning 100 shares receive in 2011 if Emily pays $1,000,000 in dividends?

  Compute the amount of change in terms of both dollars

Wofford Company had net sales of $150,000 in its first year and $187,500 in its second year. Compute the amount of change in terms of both dollars and percentage.

  What is annual payment sam must make to pay back his friend

Sam's friend would like to be reimbursed for the time value of money at a 10% annual rate. What is the annual payment Sam must make to pay back his friend?

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