Please help answer and explain 1 MC0695Algo Algorithmic Prod
Please help answer and explain
1. MC.06-95.Algo (Algorithmic) Production and sales estimates for May for the Cardinal Co, are as follows: Estimated inventory (units), May 1 Desired inventory (unit), May 31 Expected sales volume (units) 18,100 19,000 Area W Area x Area Y 7,000 9,600 7,500 $13.00 Unit sales price The number of units expected to be sold in May is 28,920 21,690 24,100 14,500 2. MC.06-113 Below is budgeted production and sales information for Bluebird Company for the month of December: roduct x0 30,000 units 32,000 units 520,000 unts Product 2zZZ 18,000 units 1 5,000 units 460,000 units Estimated beginning inventory Desired ending inventory Antikipated sales The unit selling price for product XXXX is $5 and for product ZZZ is $14. Budgeted production for product Xxx during the month is a. 520,000 units b. 552,000 units c. 518,000 units d. 522,000 units 3. MC.06-94.Algo (Algorithmic) Production and sales estimates for March for the Robin Co. are as follows: Estimated inventory (units), March 1 18,200 Desired inventory (unit), March 31 19,000 Expected sales volume (units): Area M Area L Area O 6,100 9,700 8,000 $14 Unit sales price The number of unts expected to be manufactured in March is 23,800 42,800 24,600 Solution
Answer 1-c. $24,100 Number of Units expected to be sold in May: Area W 7,000 Area X 9,600 Area Y 7,500 Total Expected Sales - in Units 24,100 Answer 2 -d. 522,000 Units Budgeted Production for Product XXX (In Units): Expected Sales 520,000 Add: Desired Ending Inventory 32,000 Total Needs 552,000 Less: Beginning Inventory (30,000) Budgeted Production (In Units) 522,000 Answer 3 -c. 24,600 Units Calculation of Budgeted Production (In Units): Expected Sales Area M 6,100 Area L 9,700 Area O 8,000 Total Expected Sales 23,800 Add: Desired Ending Inventory 19,000 Total Needs 42,800 Less: Beginning Inventory (18,200) Budgeted Production (In Units) 24,600