Lakeside Components wishes to purchase parts in one month for sale in the next. On June 1, the company has 11,000 parts in stock, although sales for June are estimated to total 13,700 parts. Total sales of parts are expected to be 8,700 in July and 14,700 in August. Parts are purchased at a wholesale price of $15. The supplier has a financing arrangement by which Lakeside Components pays 70 percent of the purchase price in the month when the parts are delivered and 30 percent in the following month. Lakeside purchased 13,000 parts in May. Required:
a. Estimate purchases (in units) for June and July.
June July
Merchandise to be purchased in units: ? units ? units
b. Estimate the cash required to make purchases in June and July.
Month of payment
June:
July:

In june, one of the processinthe assembly department started the month with 25,000 units in its beginning work in process inventory. an additional 310,000 units were transferred in from the prior department during the month to begin processing in the assembly department. there were 30,000 units completed and transferred to the next processing department during the month. how many units the assembly department started the month with 25,000 units in its beginning work in process inventory. an additional 310,000 units were transferred in from the prior department during the month to begin processing in the assembly department. there were 30,000 units completed and transferred to the next processing department during the month. how many units were in its ending work in process inventory