Assume a company's estimated sales for January, February, and March are 30,000 units, 31,000 units, and 29,000 units, respectively. The company always maintains ending finished goods inventory equal to 30% of next month's unit sales. What is the required production in units for January? Multiple Choice 30, 300 units 30, 700 units 29, 700 units 39, 300 units

Assume a company's estimated sales for January, February, and March are 30,000 units, 31,000 units, and 29,000 units, respectively. The company always maintains ending finished goods inventory equal to 30% of next month's unit sales. What is the required production in units for January? Multiple Choice 30, 300 units 30, 700 units 29, 700 units 39, 300 units

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter2: Basic Cost Management Concepts

Section: Chapter Questions

Problem 4CE: Refer to Cornerstone Exercises 2.2 and 2.3. Next year, Pietro expects to produce 50,000 units and...

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Assume a manufacturing company,s estimated sales for january,febuar and march are 1,00,000 , 1,20,000 , 1,10,000 respectively.the cost of goods sold is always 40 % of its sales.the company always maintains ending merchandise inventory equal to 10%of next motn cost of goods sold.it pays for 25% of its merchandise purchase in the month of the purchase and remaining 75%in the subsequent month .What is the account payable balance at the end of febuary? please proper explantion thnx