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Unformatted text preview: Sales in units 12,000 14,000 18,000 16,000 The ending inventory of finished goods for each quarter should equal 25% of the next quarter's budgeted sales in units. The finished goods inventory at the start of the year is 3,000 units. Scheduled production for the first quarter (in units) is: A. 9,000 B. 12,500 C 13,000 D. 15,500 3. A company is preparing its cash budget for the coming month. All sales are on account. Given the following: Beginning Balance Budgeted Amounts Cash $50,000 Accounts receivable $180,000 Sales $800,000 Cash disbursement $780,000 Depreciation $25,000 Ending accounts receivable balance $ 210,000 What is the expected cash balance for the company at the end of the coming month? A. $15,000 B. $40,000 C. $45,000 D. $70,000...
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- Spring '11
- Cost Accounting