Fuqua Company S Sales Budget Projects Unit Sales Of Part 1982 Of 10 000 Units In January 12 400 Units In February And 1 (24.21 KiB) Viewed 11 times
Fuqua Company S Sales Budget Projects Unit Sales Of Part 1982 Of 10 000 Units In January 12 400 Units In February And 2 (37.87 KiB) Viewed 11 times
Fuqua Company's sales budget projects unit sales of part 1982 of 10,000 units in January, 12,400 units in February, and 13,300 units in March. Each unit of part 1982 requires 3 pounds of materials, which cost $5 per pound. Fuqua Company desires its ending raw materials inventory to equal 40% of the next month's production requirements, and its ending finished goods inventory to equal 20% of the next month's expected unit sales. These goals were met at December 31, 2019. (a) Your answer is partially correct. Prepare a production budget for January and February 2020. Question 1 of 5 < Prepare a production budget for January and February 2020. Expected Unit Sales Add Desired Ending Finished Goods Inventory : Total Required Units FUQUA COMPANY Production Budget For the Two Months Ending February 28, 2020 January Less # Beginning Finished Goods Inventory Required Production Units. 10,000 2.400 12,400 2,540 9860 1.39/5 February 12.400 2800 15200 2.640 12560
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!