needing help with questions 1 through 3 MULTIPLE CHOICE. Choose the one alternative that...
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Accounting
needing help with questions 1 through 3
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answ 1) 1) Overton Industries has the following sales forecasts for its hip waders next year First Quarter Second Quarter Third Quarter Fourth Quarter 10,000pairs 5 % increase over first quarter 3 % decrease from second quarter 8 % increase over first quarter What is Overton's estimated sales in units for next year? A) 41,485 pairs. B) 40,685 pairs. C) 38,300 pairs. D) 40,000 pairs. E) None of the answers is correct. 2) Maki plans to sell 10,000 units of a particular product during July, and expects sales to 2) increase at the rate of 10% per month during the remainder of the year. The June 30 and September 30 ending inventories are anticipated to be 1,100 units and 950 units, respectively. On the basis of this information, how many units should Maki purchase for the quarter ended September 30? A) 32,950 B) 33,250. C) 31,850. D) 32,150. E) None of the answers is correct. 3) Terrence Corporation plans to sell 41,000 units of its single product in March. The 3) company has 2,800 units in its March 1 finished-goods inventory and anticipates having 2,400 completed units in inventory on March 31. On the basis of this information, how many units does Terrence plan to produce during March? A) 40,600 B) 43,800 C) 46,200 D) 41,400. E) None of the answers is correct
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