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The following is budgeted production and sales information for Octofic Cans, Inc. for the month of March:   Aluminum Tin Estimated beginning inventory 12,000 units 6,000 units Desired ending inventory 15,000 units 4,000 units Region I, anticipated sales 380,000 units 85,000 units Region II, anticipated sales 125,000 units 25,000 units The unit selling price for aluminum cans is $0.15 and for tin cans is $0.20. Budgeted sales for the month are _____. a.$82,750 b.$97,550 c.$123,000 d.$81,550

The following is budgeted production and sales information for Octofic Cans, Inc. for the month of March:   Aluminum Tin Estimated beginning inventory 12,000 units 6,000 units Desired ending inventory 15,000 units 4,000 units Region I, anticipated sales 380,000 units 85,000 units Region II, anticipated sales 125,000 units 25,000 units The unit selling price for aluminum cans is $0.15 and for tin cans is $0.20. Budgeted sales for the month are _____. a.$82,750 b.$97,550 c.$123,000 d.$81,550

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter8: Budgeting
Section: Chapter Questions
Problem 3BE: Pasadena Candle Inc. budgeted production of 785,000 candles for January. Wax is required to produce...
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  1. The following is budgeted production and sales information for Octofic Cans, Inc. for the month of March:

      Aluminum Tin
    Estimated beginning inventory 12,000 units 6,000 units
    Desired ending inventory 15,000 units 4,000 units
    Region I, anticipated sales 380,000 units 85,000 units
    Region II, anticipated sales 125,000 units 25,000 units

    The unit selling price for aluminum cans is $0.15 and for tin cans is $0.20. Budgeted sales for the month are _____.
    a.$82,750
    b.$97,550
    c.$123,000
    d.$81,550
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