Cahuilla Corporation predicts the following sales in units for the coming four months: ...

50.1K

Verified Solution

Question

Accounting

Cahuilla Corporation predicts the following sales in units for the coming four months:

April May June July
Sales in units 370 410 430 370

Each month's ending finished goods inventory should be 30% of the next month's sales. March 31 finished goods inventory is 111 units. A finished unit requires five pounds of direct material B at a cost of $3.00 per pound. The March 31 Raw Materials Inventory has 220 pounds of B. Each month's ending Raw Materials Inventory should be 20% of the following month's production needs. The budgeted production for May is:

Multiple Choice

360 units.

287 units.

416 units.

539 units.

410 units.

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