Cost of goods sold is budgeted at 40% of sales, and the inventory at the end of February was $34,000. Desired inventory levels at the end of each month are 10% of the next month's cost of goods sold. What is the desired beginning inventory on June 1?
Seaworthy Company, a merchandising company, has prepared the following sales budget:
A) $24,800
B) $9640
C) $96,400
D) $9920
D) $9920
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A depreciation of the dollar refers to
a. a fall in the dollar price of foreign currency. b. an increase in the dollar price of foreign currency. c. a loss of foreign-exchange reserves for the U.S. d. an intervention in the international money market.
Discuss how topic sentences, headings and subheadings can be used in a blog
What will be an ideal response?
The debits to Work in Process--Assembly Department for April, together with data concerning production, are as follows: April 1, work in process: Materials cost, 3,000 units $ 7,200 Conversion costs, 3,000 units, 40% completed 6,000 Materials added during April, 10,000 units 25,000 Conversion costs during April 30,800 Goods finished during April, 12,000 units --- April 30 work in process, 1,000
units, 40% completed --- All direct materials are placed in process at the beginning of the process and the first-in, first-out method is used to cost inventories. The conversion cost per equivalent unit for April is: A) $2.48 B) $2.75 C) $2.50 D) $5.25
When you do something that does not feel right, you violate the values of others
Indicate whether the statement is true or false