What is the desired inventory

Assignment Help Financial Accounting
Reference no: EM13746071

1. XYX Corp projects the next period sales will be 12,000 units, and it desires ending inventory equal to 20% of the next month’s sales. What is the desired inventory?

2. XYX Corp projects the next period sales will be 12,000 units, and it desires ending inventory equal to 20% of the next month’s sales. If the beginning inventory is 100, and the current month’s sales are 14,000, what is the number of units that will need to be purchased for the current month?

Reference no: EM13746071

Questions Cloud

Calculate the predetermined overhead application rate : Nautical Accessories, Inc., manufactures women's boating hats. Manufacturing overhead is assigned to production on a machine-hour basis. For 2013, it was estimated that manufacturing overhead would total $359,520 and that 21,400 machine hours would b..
Write an essay on benjamin franklin speech in the convention : Write an essay on Benjamin Franklin Speech in the Convention. At the Conclusion of Its Deliberations" (Sept. 17, 1787). Does not have to be a full research paper. only 400-600 Word.
What are the cash receipts : XYZ Corp has sales forecast of the following = January = $40,000; February = $65,000; March = $52,850. All sales are on account and are collected as follows: 20% in the current month, 50% in the month following, 25% in the second month following, and..
What qi goals does the organization have : What types of care or service does your chosen organization focus on. What is its mission. What QI goals does the organization have in place
What is the desired inventory : XYX Corp projects the next period sales will be 12,000 units, and it desires ending inventory equal to 20% of the next month’s sales. What is the desired inventory?
Discuss the theories of putative virus evolution : Discuss the theories of putative virus evolution and Describe and explain the structure , genomic organization , and infection cycle bacteriophages
Can the problems of imperfect and asymmetric information : Can the problems of imperfect and asymmetric information be used to enrich Coase's theory of the firm? How?
Explain methods of controlling parasitic disease : Explain methods of controlling parasitic disease and Explain the importance of properly identifying a parasite when attempting to treat an infection/infestation
What is the expected unit cost per unit of cola plus : For the past four years, three companies have dominated the soft drink industry, holding a combined 85 percent of market share. Wonder Cola Inc., ranks second nationally in soft drinks sales. Its management is thinking about introducing a new low-cal..

Reviews

Write a Review

Financial Accounting Questions & Answers

  Prepare and record the adjusting journal entries

Journalize the July transactions and prepare and record the adjusting journal entries for the following July 31 end of period adjustments:

  What demand would you project for sir grapefellow

What demand would you project for Sir Grapefellow for the current year and do you think Sir Grapefellow will sell enough to break even? Should he introduce his namesake cereal brand in North Jersey?

  Prepare a corrected balance sheet

Prepare a corrected Balance Sheet, in proper format use the following categories on the Bal and current Assets

  Corporation employs a two-transaction perspective

Prepare dated journal entries for ABC Corporation in U.S. dollars for the incurrence and settlement of this foreign currency transaction.ABC Corporation employs a two-transaction perspective.

  What was balance in the cash account at beginning of oct

the account was debited for a total of $4,250 and credited for a total of $5,340. What was balance in the Cash account at the beginning of October?

  Prepare necessary general journal entries - ending december

Prepare all necessary general journal entries for the year ending December 31, 2009 in an excel sheet. Include supporting calculations of all amounts in a separate schedule.

  Impact of change in credit policy on debt ratio

Impact of change in credit policy on the debt ratio - what will Collins' debt ratio (Total debt/Total assets) be after the change in DSO is reflected in the balance sheet?

  Prepare the bank reconciliation for swat pte ltd

For each of the above situations, indicate whether you agree or disagree with the accounting treatment. If agree, explain which assumption or principle supports the accounting treatment. If disagree, explain which assumption or principle is viol..

  Interpreting financial statements please respond to the

interpreting financial statements please respond to the following1 peachtree complete accounting has the ability to

  Prepare the november bank reconciliation

Based on the above information, prepare the November Bank Reconciliation for the Avisa Company - the Avisa Company for the month of November

  Create a fixed budget income statement

Create a fixed budget income statement for the planned level of sales and production and create a fixed budget income statement for actual level of sales and production.

  Nominal annual cost of trade credityour company has been

nominal annual cost of trade credit.your company has been offered credit terms of 430 net 90 days. what will the

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