15. Hiking General Store prepared the following sales budget: Month Budgeted Sales March $4,000 April $14,000 May $12,000 June $16,000 The expected gross profit rate is 30% and the inventory at the end of February was $14,000. Desired inventory levels at the end of the month are 10% of the next month's cost of goods sold. What are the total purchases budgeted for April? ⦁ $10,780 ⦁ $9,800 ⦁ $9,660 ⦁ $9,940
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15. Hiking General Store prepared the following sales budget:
Month Budgeted Sales
March $4,000
April $14,000
May $12,000
June $16,000
The expected gross profit rate is 30% and the inventory at the end of February was $14,000. Desired inventory levels at the end of the month are 10% of the next month's cost of goods sold.
What are the total purchases budgeted for April?
⦁ $10,780
⦁ $9,800
⦁ $9,660
⦁ $9,940
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- 14.1. Care Alliance (CA), a manufacturer of emergency care kits for disaster relief, has received the annual disaster readiness plans from its major constituents and now must develop an operations plan to set production, labor, and inventory levels of its basic emergency products for the next four quarters. Demand for the kits, given below, varies with seasonal weather, political climate, and economic conditions. The average worker at CA can produce 10,000 kits a quarter at a cost of $9 per kit. The cost of holding inventory is $2 per kit per quarter. Due to the medical nature of many of its products and concern for quality, hiring and firing costs are $700 per worker. CA currently employs 20 workers. Given the demand forecast below, develop a quarterly operations production plan for CA using (a) chase demand and (b) level production: Quarter Demand 1 150,000 2 250,000 3 350,000 4 250,00Subject: Procurement & sourcing Q): What are the total expenses in purchasing materials of K&N's need 03 years comparision?a. Construct:i. ABC analysis by annual dollar usageii. ABC analysis by current inventory value(Performing the tables and charts in excel)b. Based on these analyses, do you think the firm is stocking the correct inventories?