Calculate number of medallions to be produced in february, Accounting Basics

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Calculate number of medallions to be produced in february

Olympia Productions, Inc., makes award medallions that are attached to ribbons. Each medallion requires 18 inches of ribbon. The sales forecast for February is 2,000 medallions. Estimated beginning inventories and desired ending inventories for February are:

Estimated Beginning Inventory....... Desired Ending Inventory
Medallions.........1,400.....................................850
Ribbon (yards)......90.......................................27

Required:
(a) Calculate the number of medallions to be produced in February.
(b) Calculate the number of yards of ribbon to be purchased in February.

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Accounting Basics: Calculate number of medallions to be produced in february

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Q : Calculate number of medallions to be produced in february

Olympia Productions, Inc., makes award medallions that are attached to ribbons. Each medallion requires 18 inches of ribbon. The sales forecast for February is 2,000 medallions.

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Accounting Basics: Calculate number of medallions to be produced in february

Reference No:- TGS0708864

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Ask an Expert for Answer!!

Accounting Basics: Calculate number of medallions to be produced in february

Reference No:- TGS0708864

Recent Questions Asked Accounting Basics

Q : How many units of each product should be produced

Q : What are the tax consequences of classifying the loan

Q : What recommentations for change can you suggest

Q : Advantages of issuing preferred stock versus bonds.

Q : Calculate number of medallions to be produced in february

Q : Illustrate the effects on the accounts and financial

Q : Relative sales value at split off as the allocation method

Q : What is mclaughlins mva

Q : How to perform independant reviews of thier work

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