Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. jj johnson has decided to supplement his income by

JJ Johnson has decided to supplement his income by selling beehives. He expects to sell...

90.2K

Verified Solution

Question

Accounting

JJ Johnson has decided to supplement his income by selling beehives. He expects to sell 25,000 hives in 2014. He ended 2013 with 2,500 completed hives in inventory and would like to complete operations in 2014 with at least 2,800 completed hives in inventory. There is no ending work in process inventory. One beehive holds about 250 bees. The bees are purchased for $4 per 1,000 bees. The hives sell for $15 each. What would be the total of the 2014 sales budget of Johnson?

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

Basic Math
1.2K views

Find the family of curves orthogonal to: y4  =  k(x − 2)3.

Chemistry
1.2K views

Determine the mass (in g) of sodium hydrogen phosphate (Na2HPO4) that must be added to 87.8...

General Management
1.2K views

One unit of A is composed of two units of B and three units of C....

Biology
1.2K views

GlycolysisMultiple Choiceuses 2 ATPs, produces 2 ATPS, and requires oxygenuses 2 ATPs, produces 4 ATPs,...

Biology
1.2K views

Use the following passage to answer the next three questions It has been hypothesized that...

Biology
1.2K views

6 Along with Placoderms Sharks and rays constitute one of the vertebrates The gill slits...

Accounting
1.2K views

What is the definition of Prime costs and how does it differ from product cost....

Accounting
1.2K views

Comprehensive Tax Return Problem Problem 1 Miguel and Sofia Arroyo are married and live at...

Accounting
1.2K views

On January 2, 20X7, Victory Co. acquired 60% of the shares of Sauce Ltd. by...

Accounting
1.2K views

Ricky's Piano Rebuilding Company has been operating for one year. On January 1, at the...

Accounting
1.2K views

B. Discuss the strength and weaknesses of each of the following capital budgeting technique below?...

Accounting
1.2K views

Delta Mowers has a debt-equity ratio of 1.2. Its WACC is 10.1 percent, and its...