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Alpha company anticipated unit sales of widgets are January, 5,000; February, 4,000

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Alpha company anticipated unit sales of widgets are January, 5,000; February, 4,000; and March 8,000. Alpha consistently maintained finished goods inventory at 80% of the following month’s sales. Use this information to determine: (Round & enter final answers to: the nearest whole dollar for total dollar answers, nearest penny for unit costs or nearest whole number for units)

1. the total number of units that Alpha Company must produce in January.

2. the total number of units that Alpha Company must produce in February.

2)Alpha Company began operations on January 1 with cash of $75,000. All of January’s $150,000 sales were on account. During January no customer collections occurred. Cost of goods sold was $40,000, and there was no ending inventories or any accounts payables. Use this information to determine the ending balance of cash on hand for January. (Round & enter final answers to: the nearest whole dollar for total dollar answers, nearest penny for unit costs or nearest whole number for units)

3)Alpha Company has budgeted activity for October to reflect net income $120,000. All sales are credit sales. Receivables are planned to increase by $35,000, payables to decrease by $25,000 and Depreciation Expense is $55,000. Use this information to determine how much cash will increase (decrease) during the month of October. (Round & enter final answers to: the nearest whole dollar for total dollar answers, nearest penny for unit costs or nearest whole number for units)

 
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