11 Karle Company projects 2019 first quarter sales to be 150

11 Karle Company projects 2019 first quarter sales to be $15,000 and increase by 15% per quarter. Determine the projected sales for 2019 by quarter and in total Round answers to the nearest dollar. 12. Fancy Company manufactures and sells bicycles. A popular model is the XC. The company expects to sell 1,200 XCs in 2018 and 1,600 XCs in 2019. At the beginning of 2018, Friedman has 280 XCs in Finished Goods Inventory and desires to have 30% of the next year\'s sales available at the end of the year. How many XCs will Fancy need to produce in 2018 11 Kar e Company ro ects 2019 first quarter sales to be S 15,000 and increase by 15% per quarter. Determine the ro ected sales or 2019 by quarter and n total Determine the projected sales for each quarter, then compute the projected sales for 2019. Round answe stone ea est ollar. Multiplier for Projected sales Base sale amount x sales increasefor the quarter Quarter 1 Quarter 2 Quarter 3 Total 12. Fancy Company manufactures and sells bicycles. A popular model is the XC. The company expects to sell 1,200 XCs in 2018 and 1,600 XCs in 2019. At the beginning of 2018, Friedman has 280 XCs in Finished Goods Inventory and desires to have 30% of the next year\'s sales available at the end of the year. How many XCs will Fancy need to produce in 2018? Begin by selecting the labels, then enter the amounts to compute the budgeted XCs to be produced Plus Total XCs needed

Solution

Answer

Base Sale amount

Multiplier for sale increase

Projected Sales for quarter

Q1

15000

Q2

15000

15%

17250

Q3

17250

15%

19838

Q4

19838

15%

22814

TOTAL

74902

Expected Sale in 2018

1200

Plus: Desired Ending Inventory [30% of next year expected sales]

480

Total XC\'s needed

[1200+480] 1680

Less: Opening Finished inventory available

280

Budgeted XC\'s to be produced

[1680-280] 1400

	Base Sale amount	Multiplier for sale increase	Projected Sales for quarter
Q1			15000
Q2	15000	15%	17250
Q3	17250	15%	19838
Q4	19838	15%	22814
TOTAL	74902