the answers for 1 is 1320000
Posted: Mon May 30, 2022 8:51 am
the answers for 1 is 1320000
Clue #1 The marketing department has estimated sales of desks in units as follows: 3,000 July August 3,500 September 5,500 October 4,000 (Hint: You may also want to calculate August sales revenue for a future clue!) THE AMAZING RACE ROUTE INFO The selling price of each desk is $110. What is the total sales revenue (dollars) budgeted for the third quarter?
00 How many desks will need to be produced in August? Clue #2 THE AMAZING RACE Throughout the year, management desires to maintain ending finished goods inventory equal to 20% of the next month's sales. ROUTE INFO (Hint: You may need to use past clues for information. You may also want to calculate production for September as well for a future clue!)
Clue #3 It takes eight feet of wood (raw materials) to produce THE AMAZING RACE How many feet of wood will need to be purchased in August? each desk. Wood is purchased at a price of $4 per foot. Management desires to maintain an ending raw material balance of 5% of the next month's production requirements. ROUTE INFO (Hint: You might also want to calculate the budgeted materials cost per unit for a future Clue!)
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00 How many desks will need to be produced in August? Clue #2 THE AMAZING RACE Throughout the year, management desires to maintain ending finished goods inventory equal to 20% of the next month's sales. ROUTE INFO (Hint: You may need to use past clues for information. You may also want to calculate production for September as well for a future clue!)
Clue #3 It takes eight feet of wood (raw materials) to produce THE AMAZING RACE How many feet of wood will need to be purchased in August? each desk. Wood is purchased at a price of $4 per foot. Management desires to maintain an ending raw material balance of 5% of the next month's production requirements. ROUTE INFO (Hint: You might also want to calculate the budgeted materials cost per unit for a future Clue!)