Chapter 9(1) - Chapter 9 Self-study Quiz 1 TheButlerDidIt...

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Chapter 9 Self-study Quiz 1. TheButlerDidIt sells bars of soap. The company plans to sell 175,000 bars of soap in May. The firm would like to have an ending inventory of soap of 80% of the next month’s sales. The company is up-and-coming and expects that sales will grow 10% each month. There are 150,000 bars of soap in inventory on April 30. What is TheButlerDidIt’s required production for the month of June? a. 227,150 bars of soap b. 196,500 bars of soap c. 207,900 bars of soap d. 211,900 bars of soap e. 179,000 bars of soap Use the following information to answer the next two questions. Pirelli, an Italian tire manufacturer, budgets on an annual basis. The following beginning and ending inventories in units/pounds are planned for the year 2005. Two pounds of rubber are required to produce each tire. January 1 December 31 Raw (Direct) Material 15,000 35,000 Finished Goods 90,000 45,000 2. If Pirelli plans to sell 560,000 tires during the year, how many tires would the firm need to manufacture in the year 2015? 3. Ignore the answer to the previous question. Assume 400,000 tires are to be manufactured by Pirelli during the year. How much rubber needs to be purchased to meet demands?
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Use the following information to answer the next two questions. Paradise Company had the following budgeted sales for the first half of the current year: Cash Sales Credit Sales January …………………..
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