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    Soccerforlife7's Avatar
    Soccerforlife7 Posts: 1, Reputation: 1
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    #1

    Mar 25, 2009, 08:51 PM
    Managerial Accounting
    1 PROBLEM 8-7
    Abrams Bottling Company sells fruit-flavored colas. Estimated sales in cartons for May, June,
    And July are 1,000, 3,000 and 5,000 respectively. The price is forecast at $5 per carton. Abrams
    Requires that finished goods ending inventory be 20% of the next month's sales. Inventory was
    500 units on May 1. Each carton requires 12 oz of fruit syrup and 130 oz of carbonated water.
    Materials ending inventory is 10% of the next month's production needs. May 1 inventory met
    That requirement.
    a. Budgeted revenue for May is $ ________ .
    b. Budgeted revenue for July is $ ________ .
    c. Production in May is ________ cartons.
    d. Production in June is ________ cartons.
    e. Purchases of syrup in May is ________ ounces.
    f. Purchases of carbonated water in May is ________ ounces.
    ROLCAM's Avatar
    ROLCAM Posts: 1,420, Reputation: 23
    Ultra Member
    		  
    #2

    Mar 25, 2009, 09:18 PM

    Have a go at doing the work.
    May I suggest that you answer all questions
    For all the months.
    It will be easier to work out.

    We shall have a look at your effort in good time.
    You must be aware that we are not allowed to answer homework questions.
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