Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 3 Days Ago
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 09 Aug 2017 My Price 4.00

Isaac Company

The following forecasted sales pertain to Isaac Company: Month Sales September $180,000 October 200,000 November 160,000 December 140,000 Collection pattern: 55 percent in month of sale 45 percent in month following sale Accounts Receivable (August 31) $48,000 Finished Goods Inventory (August 31) 19,000 Isaac Company has a selling price of $10 per unit and expects to maintain ending inventories equal to 25 percent of the next month's sales. Calculate the budgeted beginning balance in units for finished goods inventory on November 1?

Answers

Maurice Tutor
(5)
Status NEW Posted 09 Aug 2017 05:08 PM My Price 4.00

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