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Author Question: Julie Finn is preparing the materials purchases budget for the first quarter. The production manager ... (Read 70 times)

jlbond23

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on: Feb 5, 2023

Question 1

Mounds Company has provided you with the following sales data.

​​SeptemberOctoberNovemberDecember
Budgeted unit sales20,00030,00050,00040,000

The company requires that 5% of the next month's sales be on hand at the end of each month. Budgeted production for October is
◦ 35,000.
◦ 31,500.
◦ 31,000.
◦ 30,000.

Question 2

Julie Finn is preparing the materials purchases budget for the first quarter. The production manager has provided the following production budget information: January - 60,000 units, February - 55,000 units, March - 50,000 units. Each unit requires 5 gallons of direct materials, and Julie wants to maintain an ending inventory equal to 15% of the next month's production needs. How many gallons will Julie budget to purchase in February?
◦ 312,500
◦ 282,500
◦ 271,250
◦ 275,000
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by jlbond23 on Feb 5, 2023

bainer89

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jlbond23

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

apple

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Reply 3 on: Yesterday
:D TYSM

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