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Author Question: Sales and production budget. The McKnight Company expects sales in 2015 of 208,000 units of ... (Read 99 times)

leilurhhh

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on: Jul 6, 2018
Sales and production budget.
 
  The McKnight Company expects sales in 2015 of 208,000 units of serving trays. McKnight's beginning inventory for 2015 is 18,000 trays, and its target ending inventory is 27,000 trays. Compute the number of trays budgeted for production in 2015.

Question 2

Utilities Expense would be shown on the ______________.
 a. debit side of the trial balance
  b. credit side of the trial balance
  c. not on the trial balance
  d. debit and credit side of the trial balance


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katkat_flores

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Reply #1 on: Jul 6, 2018
Answer to Question 1

Budgeted sales in units 208,000
Add target ending finished goods inventory 27,000
Total requirements 235,000
Deduct beginning finished goods inventory 18,000
Units to be produced 217,000

Answer to Question 2

A


leilurhhh

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Reply 2 on: Jul 6, 2018
YES! Correct, THANKS for helping me on my review

kjohnson

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Reply 3 on: Yesterday
:D TYSM

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