Question :
81. Below budgeted production and sales information for Flushing Company for : 1246872
81. Below is budgeted production and sales information for Flushing Company for the month of December:
Product XXX
Product ZZZ
Estimated beginning inventory
30,000 units
18,000 units
Desired ending inventory
34,000 units
17,000 units
Region I, anticipated sales
320,000 units
260,000 units
Region II, anticipated sales
180,000 units
140,000 units
The unit selling price for product XXX is $6 and for product ZZZ is $15. Budgeted production for product XXX during the month is: A. 496,000 unitsB. 504,000 unitsC. 542,000 unitsD. 572,000 units
82. Below is budgeted production and sales information for Flushing Company for the month of December:
Product XXX
Product ZZZ
Estimated beginning inventory
30,000 units
18,000 units
Desired ending inventory
34,000 units
17,000 units
Region I, anticipated sales
320,000 units
260,000 units
Region II, anticipated sales
180,000 units
140,000 units
The unit selling price for product XXX is $6 and for product ZZZ is $15. Budgeted production for product ZZZ during the month is: A. 403,000 unitsB. 390,000 unitsC. 399,000 unitsD. 423,000 units
83. Manicotti Corporation sells a single product. Budgeted sales for the year are anticipated to be 640,000 units, estimated beginning inventory is 108,000 units, and desired ending inventory is 90,000 units. The quantities of direct materials expected to be used for each unit of finished product are given below.Material A .50 lb. per unit @ $ .60 per poundMaterial B 1.00 lb. per unit @ $1.70 per poundMaterial C 1.20 lb. per unit @ $1.00 per poundThe dollar amount of direct material A used in production during the year is: A. $186,600B. $181,200C. $240,000D. $210,600
84. Mandy Corporation sells a single product. Budgeted sales for the year are anticipated to be 640,000 units, estimated beginning inventory is 98,000 units, and desired ending inventory is 80,000 units. The quantities of direct materials expected to be used for each unit of finished product are given below.Material A .50 lb. per unit @ $ .60 per poundMaterial B 1.00 lb. per unit @ $1.70 per poundMaterial C 1.20 lb. per unit @ $1.00 per pound The dollar amount of direct material B used in production during the year is: A. $1,057,400B. $1,193,400C. $1,026,800D. $1,224,000
85. Mandy Corporation sells a single product. Budgeted sales for the year are anticipated to be 640,000 units, estimated beginning inventory is 98,000 units, and desired ending inventory is 80,000 units. The quantities of direct materials expected to be used for each unit of finished product are given below.Material A .50 lb. per unit @ $ .60 per poundMaterial B 1.00 lb. per unit @ $1.70 per poundMaterial C 1.20 lb. per unit @ $1.00 per pound The dollar amount of direct material C used in production during the year is: A. $746,400B. $724,800C. $824,400D. $758,160
86. Production and sales estimates for March for the Robin Co. are as follows:
Estimated inventory (units), March 1
18,000
Desired inventory (unit), March 31
20,300
Expected sales volume (units):
Area M
7,000
Area L
8,000
Area O
9,000
Unit sales price
$15
The number of units expected to be manufactured in March is: A. 22,000B. 1,800C. 26,300D. 21,700
87. Production and sales estimates for May for the Robin Co. are as follows:
Estimated inventory (units), May 1
18,500
Desired inventory (unit), May 31
19,300
Expected sales volume (units):
Area W
6,000
Area X
7,000
Area Y
9,000
Unit sales price
$20
The number of units expected to be sold in May is: A. 22,000B. 1,800C. 23,800D. 19,200
88. Production and sales estimates for June are as follows:
Estimated inventory (units), June 1
21,000
Desired inventory (units), June 30
19,000
Expected sales volume (units):
Area X
7,000
Area Y
4,000
Area Z
5,500
Unit sales price
$20
The number of units expected to be manufactured in June is: A. 10,000B. 11,500C. 14,500D. 12,500
89. Production and sales estimates for June are as follows:
Estimated inventory (units), June 1
8,000
Desired inventory (units), June 30
9,000
Expected sales volume (units):
Area X
4,000
Area Y
10,000
Area Z
6,000
Unit sales price
$20
The budgeted total sales for June is: A. $200,000B. $400,000C. $380,000D. $250,000
90. If the expected sales volume for the current period is 8,000 units, the desired ending inventory is 200 units, and the beginning inventory is 400 units, the number of units set forth in the production budget, representing total production for the current period, is: A. 7,000B. 7,800C. 7,100D. 8,200
