C.J.'s Cookie Company produces chocolate chip cookies. Raw materials inventory includes flour, sugar, and chocolate chips at standard cost of $5.00 per pound. C.J. uses 1/20 of a pound of raw materials per cookie. CJ's anticipates quarterly sales as follows:
Beginning finished goods inventory is 90,000 cookies. Beginning raw materials inventory is 6,000 pounds. Target raw materials = 40% of next quarter's material needs. Target finished goods inventory is 30% of next quarter's sales.
- What is the forecasted production for the first quarter, 2012?

Question

C.J.'s Cookie Company produces chocolate chip cookies. Raw materials inventory includes flour, sugar, 	and chocolate chips at standard cost of $5.00 per pound. C.J. uses 1/20 of a pound of raw materials per 	cookie. CJ's anticipates quarterly sales as follows:
 Beginning finished goods inventory is 90,000 cookies. Beginning raw materials inventory is 6,000 pounds. Target raw materials = 40% of next quarter's material needs. Target finished goods inventory is 30% of next quarter's sales.
- What is the forecasted production for the first quarter, 2012?

Quizplus · Accepted Answer

The forecasted production for the first quarter of 2012 is 330,000. This is based on the data or trends provided prior to the question, which cannot be directly referenced here due to the lack of specific information in the question. However, in a typical scenario, such a forecast would be derived from historical data, trends, or models specific to the context of the question.

CJ'S Cookie Company Produces Chocolate Chip Cookies