This Question: 5 pts 11. arie Company pr ects 2017 first quarto sales to be S200

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This Question: 5 pts 11. arie Company pr ects 2017 first quarto sales to be S20000 and increase by 12% per unter Determine the projected sales fo 2017 by quarter and in total. Round answers to the nearest dolar 12. Farrington Company manufact es and sells bicycles. A popular model is the XC. The company expects to sell 1,400 XCs in 2016 and 1,000 XCs in 2017 At the beginning of 2016, Friedman has 270 XCs in Finished Goods Inventory and desires to have 20% of the next year's sales available at the end of the year. How many XCs will Farrington need to produce in 20167 11. Kane Company pr ects 2017 first quarter sales to be $20,000 and increase by 12% per quarter. Determine the projected sales for 2017 by quarter and in total Round answers to the nearest dollar Projacted sales Multiplier for Base sale amount x sales increase for the quarter Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total 12. Farrington Company manufactures and sells bicycles A popular model is the XC. The company expects to sell 1,400 XCs in 2016 and 1,600 xCs in 2017. At the beginning of 2016, Fnedman has 270 xcs in Finshed Goods inventory and desires to have 20% of the next year s sales available at the end of the year. How many XCs will Farrington need to produce in 2016? Begin by selecting the labels, then enter the amounts to compute the budgeted XCs to be produced Choose from any list or enter any number in the input fields and then continue to the next question

Explanation / Answer

11 Base Sale amount(In $) Multiplier for sales increase = Projected sales for the quarter (In $) Quarter 1    20,000.00 Quarter 2 20000 1.12    22,400.00 Quarter 3 22400 1.12    25,088.00 Quarter 4 25088 1.12    28,098.56    95,586.56 The projected sales for 2017 is $ 95586.56 12 Sale for 2016 1400 XCs Plus: Ending Finished Goods 320 20%*1600 Total XCs needed 1720 Less : Opening Finished Goods -270 Budgeted XCs to be produced 1450 XCs Farrington will need to produce 1450 XCs in 2016

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