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Accounting 102 Help Business Finance - Accounting

06/05/2020 azharr Business & Management High School $10-30 (Short Assignment) 24 Hours
1. Grace sells miniature digital cameras for $250 each. 1,000 units were sold in May, and it forecasts 4% growth in unit sales each month. (a) Determine the number of camera sales for the month of June. (b) Determine the dollar amount of camera sales for the month of June. 2. Electro Company manufactures an innovative automobile transmission for electric cars. Management predicts that ending finished goods inventory for the first quarter will be 138,300 units. The following unit sales of the transmissions are expected during the rest of the year: second quarter, 461,000 units; third quarter, 339,000 units; and fourth quarter, 448,500 units. Company policy calls for the ending finished goods inventory of a quarter to equal 30% of the next quarter's budgeted sales. …
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