Question

1- Dhofar Inc. has the following sales forecasts for next year:
First Quarter                10,000 units

Second Quarter           6% increase over first quarter

Third Quarter              4% decrease from second quarter

Fourth Quarter            7% increase over first quarter
What is Dhofar's estimated sales in units for next year?

Select one:

a. 42,225 units

b. 41,485 units

c. 41,476 units

d. 41,900 units

2-

The finished-goods inventory at the end of July was OMR 38,000. The beginning finished-goods inventory was OMR 52,000. and the cost of goods sold during the month was OMR 160,000. The cost of goods manufactured during July was:

Select one:

a.
174,000

b.
146,000

c.
250,000

d.
70,000

Answer 1

1

Ans - 41476 units (Option 'c')

Particulars	Units
1st Quarter	10000
2nd Quarter (10000 units + 6%)	10600
3rd Quarter (10600 units - 4%)	10176
4th Quarter (10000 units + 7%)	10700
TOTAL	41476 unita

2

Ans - 146000 (Option 'b')

Cost of goods manufactured = (Cost of goods sold + Cost of Finished goods inventory at end of july - Cost of finished goods inventory at beginning of July)
=> (OMR 160000 + OMR 38000 - OMR 52000)
=> OMR 146000 (Ans)

(If there are any questions, kindly let me know in comments. If the solution is to your satisfaction, a thumbs up would be appreciated. Thank You)