Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. jj johnson has decided to supplement his income by

JJ Johnson has decided to supplement his income by selling beehives. He expects to sell...

90.2K

Verified Solution

Question

Accounting

JJ Johnson has decided to supplement his income by selling beehives. He expects to sell 25,000 hives in 2014. He ended 2013 with 2,500 completed hives in inventory and would like to complete operations in 2014 with at least 2,800 completed hives in inventory. There is no ending work in process inventory. One beehive holds about 250 bees. The bees are purchased for $4 per 1,000 bees. The hives sell for $15 each. What would be the total of the 2014 sales budget of Johnson?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

a) Let ?(?) = cos(2??) and ?(?) = cos(20??). Write the mathematical expression for the Fourier...

Electrical Engineering
Q

23 Any use of a cell phone while operating a motor vehicle is considered a...

Biology
Q

14 ints eBook Hint Print References Information for two companies follows Skittles Company 6 151...

Geometry
Q

Divide the following rational expression and state the restrictions on the variable:I-254x=x+581O 2x(x - 5),...

Basic Math
Q

Find the length of the following two dimensional curve T r t 3 cos t...

Calculus
Q

Solve by the elimination method. Also, determine whether the system is consistentor inconsistent, and whether...

Calculus
Q

ing Enabled: Exam #1(i) TB MC Qu.3-66(Static) Sanchez Company engaged in...

Accounting
Q

P7-3 Evaluating Four Alternative Inventory Methods Based on Income and Cash Flow LO7-2, 7-3 ...

Accounting
Q

Twenty metrics of liquidity, Solvency, and Profitability The comparative financial statements of Automotive Solutions Inc....

Accounting
Q

how many ways can iras auditor select 5

Accounting
Q

Entries for Notes Payable A business issued a 90-day, 5% note payment of the note...

Accounting
Q

Projected sales for Vehicle Z are 365,000. Current inventory is 75,000 and the inventory target...

Accounting