Comprehensive Budgeting and Forecasting Assignment

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Comprehensive Budgeting and Forecasting AssignmentSwamp Fox has the following sales forecasts for its hip waders next year:First Quarter..10,000 pairsSecond Quarter.5% increase over first quarterThird Quarter3% decrease fromsecond quarterFourth Quarter..8% increase over first quarter34.What is Swamp Fox's estimated sales in units for next year?A.41,485 pairs.B.38,300 pairs.C.40,000 pairs.D.40,685 pairs.E.Some other amount.35.What is Swamp Fox's estimated sales revenue for next year ifeach pair sells for an average of $30?A.$1,149,000.B.$1,200,000.C.$1,220,550.D.$1,244,550.E.Some other amount36.Bird plans to sell 5,000 units each quarter next year. During the first two quarterseach unit will sell for $12; during the last two quarters the sales price will increase $1.50per unit. What is Bird's estimated sales revenue for next year?A.$240,000.B.$255,000.C.$270,000.D.$244,000.E.Some other amount.

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37.Bison Sporting Goods sells bicycles throughout the northeastern United States. Thefollowing data were taken from the most recent quarterly sales forecast:On the basis of the information presented, how many bicycles should the companypurchase in August?A.1,860.B.1,950.C.2,040.D.2,250.E.Some other amount.38.Swansong plans to sell 10,000 units of a particular product during July, and expectssales to increase at the rate of 10% per month during the remainder of the year. The June30 and September 30 endinginventories are anticipated to be 1,100 units and 950 units,respectively. On the basis of this information, how many units should Swansong purchasefor the quarter ended September 30?A.31,850.B.32,150.C.32,950.D.33,250.E.Some other amount.39.Yorkley Corporation plans to sell 41,000 units of its single product in March. Thecompany has 2,800 units in its March 1 finished-goods inventory and anticipates having2,400 completed units in inventory on March 31. On the basis of this information, howmany units does Yorkley plan to produce during March?A.40,600.B.41,400.C.43,800.D.46,200.E.Some other amount.

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40.Coleman, Inc. anticipates sales of 50,000 units, 48,000 units, and 51,000 units in July,August, and September, respectively. Company policy is to maintain an ending finished-goods inventory equal to 40% of the following month's sales. On the basis of thisinformation, how many units would the company plan to produce in July?A.46,800.B.49,200.C.49,800.D.52,200.E.Some other amount.41.Coleman, Inc. anticipates sales of 50,000 units, 48,000 units, and 51,000 units in July,August, and September, respectively. Company policy is to maintain an ending finished-goods inventory equal to 40% of the following month's sales. On the basis of thisinformation, how many units would the company plan to produce in August?A.48,000.B.49,200.C.49,800.D.50,600.E.Some other amount.42.Coleman, Inc. anticipates sales of 50,000 units, 48,000 units, 51,000 units and 50,000units in July, August, September and October, respectively. Company policy is tomaintain an ending finished-goods inventory equal to 40% of the following month's sales.On the basis of this information, how many units would the company plan to produce inSeptember?A.46,800.B.49,200.C.49,800.D.50,600.E.Some other amount.43.Telfair & Company had 3,000 units in finished-goods inventory on December 31. Thefollowing data are available for the upcoming year:The number of units thecompany expects to sell in January is:A.6,900.B.8,900.C.9,400.D.9,900.E.11,900.

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