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Use the Information Below to Answer the Following Question(s)

question 84

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Use the information below to answer the following question(s) .Country Heather manufactures flowerpots.It expects to sell 40,000 flowerpots in 2019.The company had enough beginning inventory of direct materials to produce 48,000 units.Beginning inventory of finished units totalled 4,000 with a target ending inventory of 5,000 units.The flowerpots sell for $6.00 and the company keeps no work-in-process inventory.Direct materials costs for each flowerpot total $2.00 while direct labour is $1.00.Factory overhead is $0.40 per flowerpot.
-What will be Country Heather's budgeted revenue?


Definitions:

Annual Payments

Periodic payments made once a year, often related to loans, annuities, or other financial agreements.

Interest Rate

The cost of borrowing money or the return on invested funds, usually expressed as a percentage of the loan or investment.

Interest Rates

The cost of borrowing money or the return for investing money, typically expressed as an annual percentage of the principal.

Present Values

The present value of an anticipated amount of money or series of cash flows, using a designated rate of return.

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