Charm Enterprises' production budget shows the following units to be produced for the coming three months:...
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Charm Enterprises' production budget shows the following units to be produced for the coming three months: April May 3,360 3,680 3,560 June Units to be produced A finished unit requires three ounces of a key direct material. The March 31 Raw Materials Inventory has 3,312 ounces (oz.) of the material. Each month's ending Raw Materials Inventory should be 30% of the following month's production needs. Materials purchases in May should be? Multiple Choice 10,932 oz. 11,040 oz 7,728 oz. 14,244 oz. 7,836 oz. Bengal Co. provides the following unit sales forecast for the next three months: July August September 5,200 5,900 Sales units 5,760 The company wants to end each month with ending finished goods inventory equal to 30% of the next month's sales. Finished goods inventory on June 30 is 1,560 units. The budgeted production units for July are: Multiple Choice 6,760 units. 3,640 units. 6,970 units. 3,120 units. 5,410 units. Charm Enterprises' production budget shows the following units to be produced for the coming three months: April May 3,360 3,680 3,560 June Units to be produced A finished unit requires three ounces of a key direct material. The March 31 Raw Materials Inventory has 3,312 ounces (oz.) of the material. Each month's ending Raw Materials Inventory should be 30% of the following month's production needs. Materials purchases in May should be? Multiple Choice 10,932 oz. 11,040 oz 7,728 oz. 14,244 oz. 7,836 oz. Bengal Co. provides the following unit sales forecast for the next three months: July August September 5,200 5,900 Sales units 5,760 The company wants to end each month with ending finished goods inventory equal to 30% of the next month's sales. Finished goods inventory on June 30 is 1,560 units. The budgeted production units for July are: Multiple Choice 6,760 units. 3,640 units. 6,970 units. 3,120 units. 5,410 units.
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Accounting Tools for business decision making
ISBN: 978-0470095461
4th Edition
Authors: kimmel, weygandt, kieso
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