What is the desired inventory

Assignment Help Managerial Accounting
Reference no: EM133072209

Question - ABC Company projects the next period sales will be 12,000 units. ABC Company desires ending inventory equal to 20% of the next month's sales. What is the desired inventory?

Reference no: EM133072209

Questions Cloud

Calculate the value of european call option : Consider a European call option on a non-dividend-paying stock with a strike price $145 and expiration in 6 months. The current stock price is $140.
Standard deviation of the portfolio with share : You have a portfolio with a standard deviation of 28% and an expected return of 19%. You are considering adding one of the two shares in the table below.
What are the cash receipts for March : ABC Company has sales forecasts of the following: January = $40,000; February = $65,000; March = $52,850. What are the cash receipts for March
What is the new value of the? portfolio : You are considering how to invest part of your retirement savings.You have decided to put $500 000 into three? shares: 56% of the money in Minerva?
What is the desired inventory : ABC Company desires ending inventory equal to 20% of the next month's sales. What is the desired inventory
Expected return based on the beta : You are analysing a share which has a beta of 1.21. The? risk-free rate is 3.2% and you estimate the market risk premium to be 7.5%. If you expect the share to
Record the Adjusting Entry for A and B : Record the Adjusting Entry for A and B - Using the aging method, the balance of Allowance for Doubtful Accounts is estimated as $380,000
Determining the current interest rate : The current interest rate is 5% and CPI is 2%. How much does he need to have in his find to provide for his retirement?
Prepare journal entries to record merchandising transactions : Prepare journal entries to record the following merchandising transactions of Cabela's, which uses the perpetual inventory system and the gross method

Reviews

Write a Review

Managerial Accounting Questions & Answers

  What expenses must be

If liabilities at year end are $60,000, opening balance of owners' equity is $100,000, and revenue for the year is $145,000, expenses must be

  Compute full-time employees in healthcare

Compute contribution margins and break-even points? What are the two approaches to compute full-time employees (FTEs) in healthcare?

  What would be the value of the bonds on December

What would be the value of the bonds on December 31, 2022, if the interest rates had risen to 14%? Based on the price, how would these bonds be classified

  What should steve cheng do next

As a shareholder in ZenTel, would you prefer that ZenTel executives agree to the payment of the "commission"? What should Steve Cheng do next?

  Prepare the budget submission to kevin

Prepare the budget submission to Kevin - Eager to leaving a lasting impression, you start reading the background information provided by the Manager

  Prepare the income statement for xyz for the year

Prepare the income statement for XYZ for the year under the absorption and Variable costing methods showing the operating profits for the year.

  How many units must be sold to break-even

Question - Tim Taylor has written a self improvement book that has the following cost characteristics: How many units must be sold to break-even

  What the company net operating income will increase by

If sales increase by $75,000, the company's net operating income will increase by? The Clyde Corporation's variable expenses are 40% of sales

  Why the profits have increased at a faster rate than sales

George and Brown started a Chocolate manufacturing company a few years ago. Why the profits have increased at a faster rate than sales.

  Find amount of factory overhead that was applied in march

During the month of March 2018, actual direct labor hours of 9,100 were incurred. Find the amount of factory overhead that was applied in March.

  Compute the gross margin or gross profit

CompuDesk,Inc., makes an oak desk specially designed for personal computers. The desk sells for $1,000. Compute the gross margin or gross profit

  How many rail cars would be required to satisfy all

How many rail cars would be required to satisfy all of the current demand? McTavish can pick and choose which container are loaded and which customers to accept

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