1. Malinao Bakery forecast sales 2100 loaves of bread for the month of January. The owner would like to maintain 150 loaves of bread in its ending inventory at the end of each month. The beginning inventory at the start of January is 50 loaves of bread. How many loaves of bread should Malinao Bakery produce for January? A. 2,300 loaves C. 2,200 loaves B. 2,050 loaves D. 2,250 loaves
1. Malinao Bakery
January. The owner would like to maintain 150 loaves of bread in its
ending inventory at the end of each month. The beginning inventory at the
start of January is 50 loaves of bread. How many loaves of bread should
Malinao Bakery produce for January?
A. 2,300 loaves C. 2,200 loaves
B. 2,050 loaves D. 2,250 loaves
2. If the projected or forecasted sales of Malinao Bakery for the month of January
is 2100 loaves of bread, beginning inventory 50 loaves and the selling price is
P50 per loaves. How much are the projected sales in peso of Malinao Bakery
for January?
A. P100,000. C. P107,500.
B. P100,500. D. P105,000.
3. What is the possible suggestion of the Accountant or Financial Officer to the
owner of the company, if there is excess cash above its required maintaining
cash balance?
A. Pay all credits
B. Buy brand new car
C. Purchase additional machine
D. Invest in short term investments to earn additional profits.
4. _______ is the act of paying out includes money paid out to run a
business, cash expenditure and etc.
A. Disbursements C. Payment
B. Issuance of capital D. Payout
5. This is a class of asset that are not essentials in the on going operations of the
business.
A. Fixed Assets C. Non-Operating Assets
B. Current Assets D. None of the above
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