Question : 21. In 2012, Truman Products sold 900,000 units at $9 each. : 1291752

 

21. In 2012, Truman Products sold 900,000 units at $9 each. Sales volume is expected to increase by 10 percent in 2013 while the price of each unit is expected to decrease by 15 percent. The expected sales revenue for 2013 is: 
A. $8,761,500
B. $1,336,500
C. $7,573,500
D. $6,885,000

 

22. Last year, Garrison Manufacturing sold 250,000 units at $8 each. Both sales volume and sales price are expected to increase by 15 percent in the upcoming year. The expected sales revenue for the upcoming year is: 
A. $2,645,000
B. $2,300,000
C. $2,000,000
D. $1,955,000

 

23. Brady Inc. produced and sold 200,000 units for $50 each last year. For the upcoming year, management believes that if they decrease the price of each unit by 5%, volume will increase 5%. What are Brady’s expected sales revenues for the upcoming year? 
A. $  9,450,000
B. $10,000,000
C. $10,500,000
D. $  9,975,000

 

24. Broughton Corp. has prepared a production budget for February. Management has determined that the total required production for February is 180,000 units when an ending inventory of 20,000 units is desired and the beginning inventory is 5,000 units.

Based on the above information, what were February’s budgeted sales? 
A. 195,000 units
B. 180,000 units
C. 165,000 units
D. 185,000 units

 

25. Enloe Manufacturing has prepared a production budget for June. Management has determined that the total required production for June is 680,000 units when an ending inventory of 50,000 units is desired and the beginning inventory is 30,000 units.

Based on the above information, what were June’s budgeted sales? 
A. 660,000 units
B. 700,000 units
C. 760,000 units
D. 680,000 units

 

26. Ligon Enterprises has prepared a production budget for October. Management has determined that the total required production for October is 800,000 units when an ending inventory of 10,000 units is desired and the beginning inventory is 6,000 units.

Based on the above information, what were October’s budgeted sales? 
A. 806,000 units
B. 796,000 units
C. 804,000 units
D. 794,000 units

 

27. The budget that forecasts how many units a manufacturing company should produce in order to meet sales projections is called a: 
A. Sales budget.
B. Materials budget
C. Production budget
D. Flexible budget

 

28. Which of the following budgets would probably not be prepared using information provided by the production budget? 
A. Direct materials budget
B. Direct labor budget
C. Manufacturing overhead budget
D. Sales budget

 

29. Which of the following equations best depicts a basic production budget? 
A. Required production = Projected sales – Desired ending inventory + Beginning inventory
B. Required production = Projected sales + Desired ending inventory – Beginning inventory
C. Required production = Projected sales – Desired ending inventory – Beginning inventory
D. Required production = Projected sales + Desired ending inventory + Beginning inventory

 

30. Newman Products is preparing their first quarter production budget. The desired ending inventory of finished goods for the month of January becomes: 
A. the required production for the month of January.
B. the budgeted sales for the month of February.
C. the beginning inventory for the month of February.
D. the required production for the month of February.

 

 

 

 

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more