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elow is budgeted production and sales information for Fleming Company for the mo

ID: 2586467 • Letter: E

Question

elow is budgeted production and sales information for Fleming Company for the month of December: Product X Product Y Estimated beginning inventory 30,830 units 17,652 units Desired ending inventory 34,742 units 158,967 units Region I, anticipated sales 306,323 units 274,323 units Region II, anticipated sales 190,087 units 144,840 units The unit selling price for product X is $4 and for product Y is $13. What are the budgeted sales for the month? Select the correct answer. $7,434,759 $11,902,449 $3,662,292 $8,129,982

Explanation / Answer

The answer is - 7,434,759.

Product X Product Y Anticipated sales region I 306,323 274,323 Anticipated sales region II 190,087 144,840 Total sales in units 496,410 419,163 Selling price per unit 4 13 Sales 1,985,640 5,449,119 7,434,759