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Firefox File Edit View History Bookmarks Tools Window Help 4296 H. Mon 2:51 PM a E WileyPLUS xh Watch Quantico Online - Dr... x C Search Q&A; | Chegg.comParent Finances 3- FAFSA. G how to find beginning finis edugen.wileyplus.com/edugen/lti/main.uni Search Return to Blackboard Weygandt, Managerial Accounting, 6e Help I System Announcements (1 Unread) SION BACK CALCULATOR PRINTER VERSION ASSIGNMENT RESOURCES Brief Exercise 9-3 Final Exam Boot Cam Bricf Excrcise 1-4 Brief Exercise 1-5 Brief Exercise 1-6 Your answer is partially correct. Try again. Palermo Company estimates that unit sales will be 10,300 in quarter 1; 13,000 in quarter 2; 14,100 in quarter 3; and 18,700 in quarter 4. Management desires to have an ending finished goods inventory equal to 24% of the next quarter's expected unit sales. Exercise 1-3 3 Exercise 1-4 Prepare a production budget by quarters for the first 6 months of 2014 PALERMO COMPANY Production Budget For the Six Months Ending June 30, 2014 Brief Exercise 2-6 Exercise 2-5 Exercise 2-12 V Do Iti Review 5-1 Quarter 2 Six Months 10,300 3120 13420 Expected Unit Sales 13,000 Add Desired Ending Finished Goods Inventory 3384 Exercise 5-9 Exercise 5-10 Exercise 5-15 Total Required Units 16384 a Exercise 5-1Z Less Beginning Finished Goods Inventory 10300 3120 Bricf Excrcise 6-6 Required Production Units 3120 13264 16384 Brief Exercise 6-8 Click if you would like to Show Work for this question: Open Show Work MAY 2 Lr

Explanation / Answer

beginning finished goods inventory for quarter 1=quarter 1*24%=10,300*24%=2,472

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