Below is budgeted production and sales information for Cooper Cans, Inc. for the month of March: $\begin{array}{lll}
\text { Tin }& \text { Aluminum }\
4,000 \text { units } & 10,000 \text { units } & \text { Estimated beginning inventory } \
3,000 \text { units } & 14,000 \text { units } & \text { Desired ending inventory } \
80,000 \text { units } & 360,000 \text { units } & \text { Region I, anticipated sales } \
20,000 \text { units } & 120,000 \text { units } & \text { Region II, anticipated sales }
\end{array}$
The unit selling price for aluminum cans is $0.10 and for tin cans is $0.15.
Refer to the information provided for Cooper Cans Inc. Budgeted sales for the month are:
A) $63,000.
B) $62,750.
C) $63,250.
D) $66,450.

Question

Below is budgeted production and sales information for Cooper Cans, Inc. for the month of March: $\begin{array}{lll}
\text { Tin }& \text { Aluminum }\
4,000 \text { units } & 10,000 \text { units } & \text { Estimated beginning inventory } \
3,000 \text { units } & 14,000 \text { units } & \text { Desired ending inventory } \
80,000 \text { units } & 360,000 \text { units } & \text { Region I, anticipated sales } \
20,000 \text { units } & 120,000 \text { units } & \text { Region II, anticipated sales }
\end{array}$
 The unit selling price for aluminum cans is $0.10 and for tin cans is $0.15.
Refer to the information provided for Cooper Cans Inc. Budgeted sales for the month are:
A) $63,000.
B) $62,750.
C) $63,250.
D) $66,450.

Quizplus · Accepted Answer

Budgeted sales are calculated by multiplying the anticipated sales by the unit selling price:  Tin: (80,000 + 20,000) units * $0.15 = $15,000  Aluminum: (360,000 + 120,000) units * $0.10 = $48,000  Total budgeted sales = $15,000 + $48,000 = $63,000.

Below Is Budgeted Production and Sales Information for Cooper Cans