26. Below is budgeted production and sales information for Fleming Company for t

Question

26. Below is budgeted production and sales information for Fleming Company for the month of December: (4 pts) Product XXX 710,000 units Estimated Beginning Inventory Desired Ending Inventory Region I, anticipated sales Region II, anticipated sales 30,000 units 32,000 units 320,000 units 190,000 units 15,000 units 260,000 units 130,000 units The unit selling price for product XXX is $15 and for product ZZZz is $22. Budgetod sales for the month are: A. $16,230,000 B. $1,656,000 C. $6,692,000 D. $8,010,000

Explanation / Answer

SOL-

Budgeted Sales for the December Month is $16,230,000

Working:

Budgeted Sales = Unit Price * Anticipated Sales

Total Budgeted Sales of Product XXX = (320,000 UNITS + 190,000 UNITS) X ($15)

Total Budgeted Sales of Product XXX = $ 7,650,000

Total Budgeted Sales of Product ZZZ =  (260,000 UNITS + 130,000 UNITS) X ($22)

Total Budgeted Sales of Product ZZZ = $8,580,000

Total Budgeted Sales of Both Products = $7,650,000+ $ 8,580,000

Total Budgeted Sales of Both Products = $ 16,230,000

Related Questions

Navigate

• Browse (All)
• Browse 2
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.