Question 9: Question 10: 9 TB MC Qu. 8-169 Harden, Inc., has budgeted sales Hard

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Question 9:

Question 10:

9 TB MC Qu. 8-169 Harden, Inc., has budgeted sales Harden, Inc., has budgeted sales in units for the next five months as follows 10 points June July August September October 8,700 units 7,000 units 8,8ee units 8,500 units 6,600 units References Past experience has shown that the ending inventory for each month should be equal to 20% of the next month's sales in units. The inventory on May 31 contained 1,740 units. The company needs to prepare a production budget for the next five months The beginning inventory for September should be Multiple Choice 1,740 units 1,320 units ,760 units 1.700 units

Explanation / Answer

Ans 1: Option E : 1700 Units

Calulation: Opening Inventory= 8500 x 20%

                                          = 1700 Units

Ans 2: Option C: $ 4100

Solution: Actual cash Balance in Hand= Opening+ Cash Receipt- Cash Disbursement

                                                        = $ (9900+52000-58000) = $ 3900

               Required Balance = $ 8000

        Required Borrowing= $ 8000 - 3900= $ 4100

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