1. A company expects to sell 400 units of Product X in January and then expects sales to increase by 10% per month. If Product X sells

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A company expects to sell 400 units of Product X in January, with an anticipated sales increase of 10% per month thereafter. Given that Product X sells for $10 each, what will be the total sales revenue for the first quarter of the year?

A manufacturing company projects sales of 12,000 units in August and 15,000 units in September. The company aims to maintain an ending inventory of 80% of the next month's sales. If the inventory on August 1 is 8,000 units, how many units should the company produce in August?

A manufacturer requires an ending inventory of 5,000 units. The budgeted unit sales are 20,000 units, and the beginning finished goods inventory is 3,000 units. How many units must be produced to meet these requirements?

Anonymous · Accepted Answer

1. $13,2402. 16,000 units3. 22,000 units. Explanation: The question is answered as followsPart 1: Determine the total sales for the first quarter as followsJanuary Sales in Units = 400 UnitsFebruary Sales Units = 400 x 110% or 1.1= 440 unitsMarch Sales Unites = 440 x 110% or 1.1. = 484 units Total Sales = 1,324 x $10 = $13, 240Part 2: Determine Production In August Production in August making use of the relevant figures= Expected units + (Expected units in september x 80%) - Inventory on August 1= 12,000 + (0.8 x 15,000) - 8000= 16,000 UnitsPart 3: Determine the Production Units as followsSales Units + Closing Inventory of finished goods - The Opening Inventory of finished goods= 20,000 units + 5,000 units - 3000 units = 22,000 units

Ms. Rosie Mertz V · Answer

1. Sales = $13,2402. 13,600 units3. 22,000 unitsExplanation:1. The sales are increasing by 10% every month. So,January Sales in units = 400February Sales in units = 400 * 1.1 = 440 March Sales in units = 440 * 1.1 = 484January Sales = 400 * $10 ⇒ $4000February Sales = 440 * $10 ⇒ $4400March Sales = 484 * $10 = 4840Total Quarter Sales = 4000 + 4400 + 4840 = $132402. The closing inventory for July or opening Inventory for August should have been 80% of August sales,12000 * 0.8 = 9600 unitsShortfall in Opening Inventory = 9600 - 8000 = 1600 unitsThe ending inventory for the August should be equal to 80% of September Sales, So15000 * 0.8 = 12000 unitsSo, August production should be = 1600 + 12000 = 13600 units3. Let the Units to be Produced be x,Sales = Opening Inventory + Production - Closing Inventory20000 = 3000 + x - 500020000 + 5000 = 3000 + x25000 - 3000 = x 22000 = x

Lorenza Bashirian · Answer

$13,240 Explanation: The computation of the sales in first quarter of the year is shown below:= January sales units +  January sales units × increased percentage + February sales units × increased percentage= 400 units + 400 units × 1.1 + 440 units × 1.1 units = 400 units + 440 units + 484 units= 1,324 units So, now the sales is = 1,324 units × $10= $13,240

Anonymous

1. A company expects to sell 400 units of Product X in January and then expects sales to increase by 10% per month. If Product X sells

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