Hello, I need some help figuring out the following problems….this is the best photo I can post, so please right click and select “open in new window” if you can’t read it. Also show your steps so I can understand. Thank you!
uand Inc manufactures ban bo*p cu et ames lhe sell or 20 e ch och ro e equ res 4 ine feet o ber too whi costs 1.5 pe oot. ach orne takes appro nate y 30 m inutes to build and he abo ore averages 12 per hour. ana hes the olo hes the folowing inve ng vernor policies Ending finished goods irvertory should be 40 percent of rnext moths sales. Ending raw meterials invertory should be 30 percent of next month’s procuction Expecrad unr sales frames) for the upcoming months follow Merch May August / 2 0 S50 v noble marut cr ring ove 50.50 per unit sold. ead is ncurred at one ot 0 20 per procuced Annual toe mo acturing overhead is estim oned to be per month or e pected roduc ion of 4 DDO units for the e r 5eling onc ocmi i r ve expenses e est ated t 65 per mo mn o us lguana, Inc., hed S10,800 cash on hand n April 1.Of its sales, 80 percent s in cash. Of the credit seles, 50 percent is collected during the month of the sale, and 50 percent is collected durng the morth fallowing the sele Of a ma e els purchese, 80 percent s paid or during the month purchesed and 2 20 cent paid in he follo ing mort·Raw mencrials puchases or March to a ec $ 400. All otne operating costs a e pad during tha man h ncurred. Monthly xed manu acturing overhead includes $320 in cepreciaon During Aprl Iguana plans t pny $410Dor a pleca of equlpmant
