Below is budgeted production and sales information for flushing company for the month of december: product xxx product zzz estimated beginning inventory 30,500 units 19,100 units desired ending inventory 35,500 units 14,400 units region i, anticipated sales 333,000 units 280,000 units region ii, anticipated sales 189,000 units 149,000 units the unit selling price for product xxx is $4 and for product zzz is $14. budgeted production for product xxx during the month is a. 522,000 units b. 527,000 units c. 517,000 units d. 557,500 units

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Waterway company’s record of transactions for the month of april was as follows. purchases sales april 1 (balance on hand) 672 @ $6.00 april 3 560 @ $11.00 4 1,680 @ 6.08 9 1,568 @ 11.00 8 896 @ 6.41 11 672 @ 12.00 13 1,344 @ 6.51 23 1,344 @ 12.00 21 784 @ 6.61 27 1,008 @ 13.00 29 560 @ 6.79 5,152 5,936 (a) calculate average-cost per unit. (b) assuming that periodic inventory records are kept in units only, compute the inventory at april 30 using lifo and average-cost. (c) assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) fifo and (2) lifo. (d) compute cost of goods sold assuming periodic inventory procedures and inventory priced at fifo.