61 loyal pet company expects to sell 5 000 beefy dog treats in january and 9 000 in 4308011

61 loyal pet company expects to sell 5 000 beefy dog treats in january and 9 000 in 4308011

61) Loyal Pet Company expects to sell 5,000 beefy dog treats in January and 9,000 in February for $3 each. What will be the total sales revenue reflected in the sales budget for those months?

A) January $15,000; February $27,000

B) January $1,667; February $3,000

C) January $3,000; February $1,667

D) January $27,000; February $15,000

62) Mockingbird Company expects to sell 5,200 bird perches in January and 9,500 in February for $3 each. What will be the total sales revenue reflected in the sales budget for those months?

A) January $1,733; February $3,167

B) January $15,600; February $28,500

C) January $3,167; February $1,733

D) January $28,500; February $15,600

63) Hewitt Company expects cash sales for July of $15,000, and a 22% monthly increase during August and September. Credit sales of $10,000 in July should be followed by 30% increases during August and September. What are budgeted cash sales and budgeted credit sales for September respectively?

A) $19,500 and $12,200

B) $25,350 and $14,884

C) $22,326 and $16,900

D) $18,300 and $13,000

64) Piatt Company expects cash sales for July of $15,000, and a 26% monthly increase during August and September. Credit sales of $12,000 in July should be followed by 30% increases during August and September. What are budgeted cash sales and budgeted credit sales for September respectively?

A) $19,500 and $15,120

B) $25,350 and $19,051

C) $18,900 and $15,600

D) $23,814 and $20,280

65) CatNap Company has two products: Kittyz and Katz. A March sales forecast projects 20,000 units of Kittyz and 15,000 units of Katz are going to be sold at prices of $15 and $12, respectively. The desired ending inventory of Kittyz is 20% higher than the beginning inventory, which was 2,000 units. How much are total March sales for Kittyz anticipated to be?

A) $100,000

B) $180,000

C) $300,000

D) $240,000

66) DogDayz Company has two products: Doggyz and Pupz. A March sales forecast projects 22,000 units of Doggyz and 15,000 units of Pupz are going to be sold at prices of $17.50 and $12.00, respectively. The desired ending inventory of Doggyz is 20% higher than the beginning inventory, which was 2,000 units. How much are total March sales for Doggyz anticipated to be?

A) $180,000

B) $385,000

C) $264,000

D) $110,000

67) Russell Company expects cash sales for July of $15,000, and a 22% monthly increase during August and September. Credit sales of $6,000 in July should be followed by 15% decreases during August and September. What are budgeted cash sales and budgeted credit sales for September?

A) $18,300 and $5,100

B) $22,326 and $4,335

C) $12,750 and $7,320

D) $10,838 and $8,930

68) Kotrick Company has beginning inventory of 15,000 units and expected sales of 23,000 units. If the desired ending inventory is 18,000 units, how many units should be produced?

A) 20,000

B) 56,500

C) 10,000

D) 26,000

69) McCoy Company wants to have an ending inventory of 7,000 units. McCoy Company has beginning inventory of 9,000 units and expects to sell 33,000 units. How many units should McCoy Company produce?

A) 31,000

B) 35,000

C) 49,000

D) 40,000

70) Rubino Corporation desires a December 31 ending inventory of 900 units. Budgeted sales for December are 2,650 units. The November 30 inventory was 850 units. What are budgeted purchases in units?

A) 3,550

B) 2,600

C) 2,700

D) 4,400

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