The following is budgeted production and sales information for Octofic Cans, Inc. for the month of December:     Aluminum Tin Estimated beginning inventory      12,000 units  6,000 units Desired ending inventory 15,000 units  4,000 units Region I, anticipated sales   380,000 units    85,000 units Region II, anticipated sales   125,000 units    25,000 units ​ The unit selling price for aluminum cans is $0.15 and for tin cans is $0.20. Budgeted sales for the month are _____. a. $81,550 b. $123,000 c. $97,750 d. $82,750

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter8: Budgeting
Section: Chapter Questions
Problem 2BE: Pasadena Candle Inc. projected sales of 800,000 candles for January. The estimated January 1...
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The following is budgeted production and sales information for Octofic Cans, Inc. for the month of December:

 

 

Aluminum

Tin

Estimated beginning inventory

     12,000 units

 6,000 units

Desired ending inventory

15,000 units

 4,000 units

Region I, anticipated sales

  380,000 units

   85,000 units

Region II, anticipated sales

  125,000 units

   25,000 units

The unit selling price for aluminum cans is $0.15 and for tin cans is $0.20.

Budgeted sales for the month are _____.

a.
$81,550
b.
$123,000
c.
$97,750
d.
$82,750
 
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