1:

Given Advanced Company's data, and the knowledge that the product is sold for $51 per unit and operating expenses are $360,000, compute the net income under variable costing.

Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year.

Units produced this year	45,000 units
Units sold this year	27,000 units
Direct materials	$ 5.75 per unit
Direct labor	$ 6.75 per unit
Variable overhead	$ 168,750 in total
Fixed overhead	$ 258,750 in total

2:

A June sales forecast projects that 4,000 units are going to be sold at a price of $9.50 per unit. The desired ending inventory of units is 10% higher than the beginning inventory of 500 units. Total June sales are anticipated to be:.

3:

Next year's sales forecast shows that 24,000 units of Product A and 26,000 units of Product B are going to be sold for prices of $11 and $13, respectively. The desired ending inventory of Product A is 20% higher than its beginning inventory of 2,800 units. The beginning inventory of Product B is 3,300 units. The desired ending inventory of B is 4,200 units.

Total budgeted sales of both products for the year would be:

4:

Kabuki Company's policy is to have 16% of the next month's sales as desired ending inventory. Estimated sales are shown in the following table. Given this data, what are Kabuki's estimated purchases for April?

	March	April	May
Expected sales units	17,500	17,000	13,600