Question

11) how many units must be produced to also meet the 7000 units required in ending...

11) how many units must be produced to also meet the 7000 units required in ending inventory.

( this is managerial accounting)

2) Sunrise Poles manufactures hiking poles and is planning on producing 4,000 units in March and 3,700 in April. Each pole requires a half pound of material, which costs $1.20 per pound. The company’s policy is to have enough material on hand to equal 10% of the next month’s production needs and to maintain a finished goods inventory equal to 25% of the next month’s production needs. What is the budgeted cost of purchases for March?


3) Each unit requires direct labor of 2.2 hours. The labor rate is $11.50 per hour and next year’s direct labor budget totals $834,900. How many units are included in the production budget for next year?


4) Nonna’s Re-Appliance Store collects 55% of its accounts receivable in the month of sale and 40% in the month after the sale. Given the following sales, how much cash will be collected in February?

Month Sales

Dec 2017 $20,000

Jan 2018 $60,000

Feb 2018 $70,000

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