Projected sales for Sommers, Inc. for the next year and beginning and ending inv

Question

Projected sales for Sommers, Inc. for the next year and beginning and ending inventory data are as follows: Sales in units Beginning inventory in units Targeted ending inventory in units 0,00) 40,000 44,000 The selling price is $40 per unit. Each unit requires four kilos of material which costs $6 per kilo. The beginning inventory of raw materials is 12.000 kilos. The company wants to have 3,000 kilos of material in inventory at the end of the year. Sommers' budgeted sales would be a. none of the answers provided O b. $2,320,000 C. $2,480,000 d.$2.160,000 e.$2,000,000

Explanation / Answer

Sommers' budgeted sales=50000*40 = $2000000 Option E is correct

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