nafari company\'s sales budget has the following units sales projection for each
ID: 2435927 • Letter: N
Question
nafari company's sales budget has the following units sales projection for each quarter of the calendar year 2011.january - march 1,080,000
april- june 1,360,000
july- september 980,000
october- december 1,100,000
total 4,520,000
sales for the first quarter of 2012 are expected to be 1,200,000 units. ending inventory of finished goods for each quarter is scheduled to equal 10% of next quarter's budgeted sales. the company's ending inventory on dec. 31,2010,is estimated at 94,500 units. develop a quarterly production budget for 2011 and for the year in total.
Explanation / Answer
Jan - Mar Apr - Jun Jul-Sep Oct-Dec Total Beginning Balance 94,500 1,36,000 98,000 1,10,000 94,500 Purchase 11,21,500 13,22,000 9,92,000 11,10,000 45,45,500 Total Available 12,16,000 14,58,000 10,90,000 12,20,000 46,40,000 Sales 10,80,000 13,60,000 9,80,000 11,00,000 45,20,000 Ending Inventory 1,36,000 98,000 1,10,000 1,20,000 1,20,000
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.