Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. budgeting the company is preparing budget for the

Budgeting The company is preparing budget for the next year for Product A. Each unit...

70.2K

Verified Solution

Question

Accounting

Budgeting

The company is preparing budget for the next year for Product A. Each unit of product A requires 5 kgs of material X. The budgeted opening inventory for Product A is 5 000 units and the company plans to increase closing inventory by 30% by the end of the year. The planned opening inventory for Material X is 50 000 kgs and in order to avoid stock outs the required level of ending inventory has been increased to 60,000 kgs. The required level of sales is 70 000 units of Product A.

Calculate:

How many units of Product A will need to be produced?

What should be the level of purchases of Materials?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

Choose the sentence that uses the apostrophe correctly.You may not enter Ms. Jacksons office without...

Chemistry
1.2K views

1. Where do the typical IR absorption come for the following functional groups.             Alcohol             Alkyl             Alkene             Alkyne             Aromatics             Carboxylic acids 2. Where do the...

Physics
1.2K views

Who first separated white light into colors Isaac Newton Galileo Albert Einstein

Physics
1.2K views

of the above Which of the following is the most precis instrument for measuring length...

Basic Math
1.2K views

What was the cost of each item?Solve on paper. Then check your work on Zearn....

Calculus
1.2K views

A graphing calculator is recommended X x 0 1 3x 1 a Estimate the value...

Algebra
1.2K views

MODEL The height of a fish t seconds after it is thrown to a dolphin...

Accounting
1.2K views

Blue Corp. has manufactured a broad range of quality products since 1994. The operating cycle...

Accounting
1.2K views

Hi, Kindly help me the solutions of these questions. Regards. QUESTION FOUR Rich Jackson,...

Accounting
1.2K views

In a recent balance sheet, Macrohard, Inc. reported Property, Plant, and Equipment of $710,140 and...

Accounting
1.2K views

Product and period costs require a credit to cash or to a liability. What kind...

Accounting
1.2K views

Cadallia Company harvests and processes almonds into three products: candied almonds, almond butter, and almond...