Chapter_9_PE_Problems

Chapter_9_PE_Problems - Chapter 9 Review Problems 17. Betz...

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Chapter 9 Review Problems 17. Betz Company's sales budget shows the following projections for next year: Inventory at the beginning of the year was 18,000 units. The finished goods inventory at the end of each quarter is to equal 30% of the next quarter's budgeted unit sales. How many units should be produced during the first quarter? A) 24,000 B) 48,000 C) 66,000 D) 72,000 18. An organization's budget program should not be used: A) to motivate employees. B) to assign blame to managers that do not meet budgetary goals. C) to help evaluate managers. D) to allocate resources to the various parts of an organization. 19. Sioux Company is estimating the following sales for the first six months of next year: Sales at Sioux are normally collected as 60% in the month of sale, 35% in the month following the sale, and the remaining 5% being uncollectible. Based on this information, how much cash should Sioux expect to collect during the month of April?
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Chapter_9_PE_Problems - Chapter 9 Review Problems 17. Betz...

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