Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. detailed explanation see answer in green. lots of

detailed explanation see answer in green. Lots of steps please with working MANAGEMENT...

80.2K

Verified Solution

Question

Accounting

imagedetailed explanation see answer in green. Lots of steps please with working

MANAGEMENT ACCOUNTING Mark attempt BUDGETING - ADVANCED INVENTORY MANAGEMENT Pat LaFontaine Pty Ltd has budgeted sales for the coming months as follows: Create new question January February March April May 320,000 420,000 450,000 260,000 310,000 Pat wants to avoid losing customers because of production hold-ups. In future, the company will maintain a finished goods inventory on hand equal to one-quarter (25%) of the following month's budgeted sales. At 31 December the company had finished goods stock of 10,000 units. REQUIRED: 1 : What is Pat's total budgeted production for the three months Jan, Feb, March ? 1,245,000 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