What should be the number of futons Contempo Futon budgets

Assignment Help Managerial Accounting
Reference no: EM132937546

Question - Contempo Futon manufactures futons. The estimated number of sales for the last quarter of 2018 is as? follows:

Month Sales

October: 20,000

November: 25,000

December: 30,000

Beginning finished goods inventory should be equal to 30 percent of that? month's budgeted sales plus 10 percent of the following? month's budgeted sales. January and February 2018 sales are anticipated to be? 15,000 futons in each month. The cost to produce a futon is? $125.

Required - What should be the number of futons Contempo Futon budgets to be produced in? November?

Reference no: EM132937546

Questions Cloud

How should as the nurse proceed : The child used his inhaler per the prescription; however, the child's condition is not improving. How should you as the nurse proceed?
Relationship between hr strategies and business strategies : Describe the relationship between HR strategies and business strategies.
Review the health insurance and accountability act : Review the Health Insurance and Accountability Act (HIPAA) of 1996 at http://www.hhs.gov/ocr/hipaa/.Explore and summarize what you have read about HIPAA and how
Develop personal philosophy of teaching in a written : Develop your personal philosophy of teaching in a written statement, articulating your beliefs about important educational theories and practices.
What should be the number of futons Contempo Futon budgets : January and February 2018 sales are anticipated to be? 15,000 futons in each month. What should be the number of futons Contempo Futon budgets
What are cross-cultural differences training delivery : What are 2 cross-cultural differences that may affect training delivery or outcomes? What is a practical way to address each issue?
Organizational change and organizational commitment : What could Lightco have done differently during the re-engineering phase, to have made employees more accepting of the change
Define a format commonly used in the hospitality industry : Cash Flow Budget - Define a format commonly used in the hospitality industry. Explain a suitable process for monitoring the budget performance
Discuss how the factors impact the pharmacokinetics : Explain how these factors impact the pharmacokinetics of the drug (half-life, dosage, route of administration, and elimination of the drug).

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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