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Author Question: Mounce, Inc. produces and sells free-standing quilt frames. In budgeting for production needs, the ... (Read 73 times)

urmomsucks

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Question 1

The final component of the operating budget is the
◦ cash budget.
◦ ending inventory and cost of goods sold budget.
◦ sales budget.
◦ budgeted balance sheet.

Question 2

Mounce, Inc. produces and sells free-standing quilt frames. In budgeting for production needs, the company requires that 10% of the next month's sales be on hand at the end of each month. Budgeted sales of quilt frames over the next four months are:

SeptemberOctoberNovemberDecember
Budgeted unit sales25,00032,00056,00048,000

Budgeted production for October is
◦ 34,400.
◦ 37,600.
◦ 26,650.
◦ 35,100.


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Marked as best answer by urmomsucks on Feb 5, 2023

Sha

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urmomsucks

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Reply 2 on: Feb 5, 2023
Thanks for the timely response, appreciate it


mcarey591

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Reply 3 on: Yesterday
Excellent

 

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