What is the desired ending inventory for April

Assignment Help Accounting Basics

Reference no: EM132681525

Question - Noel enterprises has budgeted sales in units for the next five months as follows:

January 6800 units

February 5400 units

March 7200 units

April 4600 units

May 3800 units

The company needs to prepare production budget for the first quarter of the year.

Experience has shown that the ending inventory for each month must be equal to 10% of the next month's sales in units. The inventory on December 31 contained 400 units.

1. What should the opening in units be for April?

2. What is the desired ending inventory for April?

3. Provide the following for the first calendar quarter?

Reference no: EM132681525

Questions Cloud

Comment on the ethics of Alice plan : Question - Alice Mason is a college student who is planning to attend several upcoming professional events. Comment on the ethics of Alice plan

Advantageous for union members and management : Explain fact-finding, mediation, and arbitration. Which would be most advantageous for union members and management?

Functions organisational procedures : Explain the important functions organisational procedures perform in an organisation.

How do we improve access to health care in the us : How do we improve access to health care in the US?

What is the desired ending inventory for April : Noel enterprises has budgeted sales in units for the next five months as follows: January 6800 units. What is the desired ending inventory for April

Analyze the optimality the anti-pollution devices : Considering liability rules, transaction cost and information availability, analyze the optimality the anti-pollution devices.

Driving change in the us grocery market : What is your strategic group map of the U.S. grocery retail industry look like? Is Whole Foods Market combination suitability positioned? Why or why not?

What is a resource availability-objective function : What is a resource availability/objective function? Discuss how a change in resource availability or objective function coefficient affect the optimal solution.

Expected of management in a principle : The evolution of managerial thought [20] The flexible viewpoint of management emerged as a result of rapid change due to globalisation and developments

User Account

All Pages