What is the forecasted sales in dollars for next year, Accounting Basics

+44 141 628 6080
[email protected]

What is the forecasted sales in dollars for next year

Next year's sales forecast shows that 22,592 units of Product A and 11,742 units of Product B are going to be sold for prices of $5 and $34, respectively. The desired ending inventory of Product A is 20% higher than its beginning inventory of 3,011 units. The beginning inventory of Product B is 2,576 units. The desired ending inventory of B is 2,938 units. What is the forecasted sales in dollars for next year?

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the forecasted sales in dollars for next year

Reference No:- TGS0696748

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : Calculate the number and cost of goods available for sale

Which inventory costing method may be preferred by Orion Iron Corp. for income tax purposes? FIFO LIFO Weighted Average ebook & resources.

Q : Figure out why their profits are shrinking

Performance Drinks, LLC is owned by Dave N. Port. Performance Drinks produces a variety of sports centered drinks. They began operations in 1993 shortly after Mr. Port graduated with his M.B.A. from Davenport University.

Q : Calculate the prime and feline surprise

Marsden manufactures a cat food product called Special Export. Marsden currently has 19,000 bags of Special Export on hand. The variable production costs per bag are $1.8 and total fixed costs are $19,000.

Q : How to uses the machinery

Wenner Furnace Corp. purchased machinery for $412,920 on May 1, 2012. It is estimated that it will have a useful life of 10 years, salvage value of $22,200, production of 355,200 units.

Q : What is the forecasted sales in dollars for next year

Next year's sales forecast shows that 22,592 units of Product A and 11,742 units of Product B are going to be sold for prices of $5 and $34, respectively.

Q : Record these costs in journal entry

Margaret Avery Company from time to time embarks on a research program when a special project seems to offer possibilities. In 2011, the company expends $322,470 on a research project.

Q : How to ignoring income taxes

Ignoring income taxes, If VC = 80,000 , FC = 60000 and Break Even Sales Revenue = 80,000 how do you calculate Sales Revenue, Total Contribution Margin and Net Income?

Q : What is the estimated cost of goods sold

What is the estimated cost of goods sold and gross margin for July, if the company always uses an estimated predetermined plantwide overhead rate of $10 per direct labor-hour?

Q : What amount of cost of goods sold will be reported

On January 1, 2008, Parent Company acquired 90 percent ownership of Subsidiary Corporation, at underlying book value. The fair value of the noncontrolling interest at the date of acquisition was equal to 105.

1924546

Questions
Asked

3,689

Active Tutors

1446685

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the forecasted sales in dollars for next year

Reference No:- TGS0696748

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Calculate the number and cost of goods available for sale

Q : Figure out why their profits are shrinking

Q : Calculate the prime and feline surprise

Q : How to uses the machinery

Q : What is the forecasted sales in dollars for next year

Q : Record these costs in journal entry

Q : How to ignoring income taxes

Q : What is the estimated cost of goods sold

Q : What amount of cost of goods sold will be reported

Discussion about curb political participation in workplaces

Problem on growing population and the natural resource

What was the economic and political impact

Texas constitution sets up the texas legislature

Summarize how the era can be ratified

What is called the states rights amendment

Mechanisms of state-led development

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the forecasted sales in dollars for next year

Reference No:- TGS0696748

Recent Questions Asked Accounting Basics

Q : Calculate the number and cost of goods available for sale

Q : Figure out why their profits are shrinking

Q : Calculate the prime and feline surprise

Q : How to uses the machinery

Q : What is the forecasted sales in dollars for next year

Q : Record these costs in journal entry

Q : How to ignoring income taxes

Q : What is the estimated cost of goods sold

Q : What amount of cost of goods sold will be reported

Asked Questions