company wants to have 20% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.25 per pound Read the requirements Requirement 1. Prepare a production budget for each month in the first quarter of the year, including production in units for each month and for the quarter Austen Manufacturing Production Budget For the Months of January through March January February March Quarter Unit sales Plus Desired ending inventory
e in upscale re ed inventory of a 20% of the p in the first qu ing t ough March February Data table January February March April May .... **** ******. Number of planters to be sold 3,500 3,400 3,600 4,000 4,200 Print Done -X year show the estimated unit sales of the pla onth's budgeted sales. Each planter requires t month. The polypropylene costs $0.25 per po ter.
- Requirements 1. Prepare a production budget for each month in the first quarter of the year, including production in units for each month and for the quarter. 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, including the pounds of polypropylene required and the total cost of the polypropylene to be purchased. Print Done X ed sales. E olypropyler
Requirement 1. Prepare a production budget for each month in the first quarter of the year, including production in units for each month and for the quarter. Austen Manufacturing Production Budget For the Months of January through March January February March Quarter Unit sales Plus: Desired ending inventory Total needed Less: Beginning inventory Units to produce
Requirement 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, including the pounds of polypropylene required and the total cost of the polypropylene to be purchased Start by preparing the direct materials budget through the total quantity needed, then complete the budget Austen Manufacturing Direct Materials Budget For the Months of January through March January March Quarter Units to be produced Multiply by: Quantity of direct materials needed per unit Quantity needed for production Plus Desired ending inventory of direct materials Total quantity needed February
Direct Materials Budget For the Months of January through March January Units to be produced Multiply by: Quantity of direct materials needed per unit Quantity needed for production Plus: Desired ending inventory of direct materials Total quantity needed Less: Beginning inventory of direct materials Quantity to purchase Multiply by: Cost per pound Total cost of direct material purchases February March Quarter
Austen Manufacturing produces sed-watering planters for use in upscale retail establishments Gales projections for the first five months of the upcoming year show the estimated unit sales of the planters each month to bow as follows (Click the loon to view additional information) Inventory at the start of the year was 350 planters. The desired inventory of planters at the end of each month should be equal to 10% of the following month's budgeted sales. Each planter requires two pounds of polypropylene in type of plastic). The Austen Manufacturing produces sed-watering planters for use in upscale retail establishments Gales projections for the f
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