Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. frolic corporation has budgeted sales and producti

Frolic Corporation has budgeted sales and production over the next quarter as follows: ...

90.2K

Verified Solution

Question

Accounting

Frolic Corporation has budgeted sales and production over the next quarter as follows:

July August September
Sales in units 50,000 62,000 ?
Production in units 50,200 62,300 66,650

The company has 6,000 units of product on hand at July 1. 10% of the next month's sales in units should be on hand at the end of each month. October sales are expected to be 81,500 units. Budgeted sales for September would be (in units): (Round your intermediate calculations to 2 decimal places.)

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

5.a) For a crayfish where is the nerve cord located in the crayfish? Where is the...

Electrical Engineering
1.2K views

How can I identify the PUN (Pull Up Network) and PDN (Pull Down Network), if shown...

Biology
1.2K views

You perform a cross between two plants, one MmPp and one mmpp, and obtain offspring...

Biology
1.2K views

The cells in a sponge are primarily responsible for creating water currents bearing food particles...

Physics
1.2K views

A rod lies along the x axis with one end at the origin and the...

Calculus
1.2K views

5. Suppose that the revenue realized on the sale of company's product can be modeled...

Calculus
1.2K views

10 Find the derivative of h x x sinx Inx 11 Select one 7x 7...

Algebra
1.2K views

Determine whether the algebraic expression is a polynomial If it is a polynomial write the...

Accounting
1.2K views

1. what does this statement mean in accounting "Remember, we are creating reality. We do...

Accounting
1.2K views

Selected comparative financial statements of Haroun Company follow. \table[[\table[[($ thousands)],[Assets]],\table[["HAROUN COMPANY],[Comparative Year-End Balance Sheets],[December...

Accounting
1.2K views

Martinez Mining Company purchased land on February 1, 2020, at a cost of $1,031,100. It...

Accounting
1.2K views

Marin Leasing Company agrees to lease equipment to Headland Corporation on January 1,2025. The following...