I have already tried putting
the beginning inventory as 640, it said it was wrong.
Solution
Johnson Manufacturing | ||||
Material Budget | ||||
Month | ||||
January | February | March | Quarter | |
Budgeted production (units) | 3280 | 3500 | 3380 | 10160 |
Materials requirements per unit | 4 | 4 | 4 | 4 |
Quantity needed for production | 13120 | 14000 | 13520 | 40640 |
Plus: Desired end inventory for Dm | 1400 | 1352 | 1920 | 1920 |
Total quantity needed | 14520 | 15352 | 15440 | 42560 |
Less: Beginning inventory of DM | 1312 | 1400 | 1352 | 1312 |
Quantity to be purchased | 13208 | 13952 | 14088 | 41248 |
Multiplied by : Cost per yard | $ 0.25 | $ 0.25 | $ 0.25 | $ 0.25 |
Total cost of DM purchases | $ 3,302 | $ 3,488 | $ 3,522 | $ 10,312 |
Working
Johnson Manufacturing | ||||
Production budget | ||||
For the Month of January through March | ||||
January | February | March | April | |
Unit sales | 3200 | 3600 | 3100 | 4500 |
Plus: Desired ending inventory | 720 | 620 | 900 | 940 |
Total Needed | 3920 | 4220 | 4000 | 5440 |
Less: Beginning inventory | 640 | 720 | 620 | 640 |
Units to produce | 3280 | 3500 | 3380 | 4800 |
I have already tried putting the beginning inventory as 640, it said it was wrong. Johnson...
Johnson Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year show the estimated unit sales of the planters each month to be as follows: (Click the icon to view additional information.) Inventory at the start of the year was 640 planters. The desired Inventory of planters at the end of each month should be equal to 20% of the following month's budgeted sales. Each planter requires four pounds...
Johnson Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year show the estimated unit sales of the planters each month to be as follows: (Click the icon to view additional information.) Inventory at the start of the year was 640 planters. The desired inventory of planters at the end of each month should be equal to 20% of the following month's budgeted sales. Each planter requires four pounds...
Johnson Manufacturing produces self-watering planters for use in upscale real establishments. Sales projections for the first five months of the upcoming year show the estimated unit sales of the planters each month to be as follows: (Click the icon to view additional information.) Inventory at the start of the year was 390 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 three pounds...
February Cleary Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year show the estimated unit sales of the planters each month to be as follows: E (Click the icon to view additional information.) Inventory at the start of the year was 640 planters. The desired inventory of planters at the end of each month should be equal to 20% of the following month's budgeted sales. Each planter requires...
Preston Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year show the estimated unit sales of the planters each month to be as follows: EE (Click the icon to view additional information.) at the start of the year was 640 planters. The desired inventory of planters at the end of each month should be equal to 20% of the following month's budgeted sales. Each planter pylene required or...
Stenback Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year show the estimated unit sales of the planters each month to be as follows: (Click the icon to view additional information.) Inventory at the start of the year was 800 planters. The desired inventory of planters at the end of each month should be equal to 25% of the following month's budgeted sales. Each planter requires two pounds...
EXTRA INFO:
Number of planters to be sold
January. . . . . .3,900
February. . . . .3,700
March. . . . . . . .3,100
April. . . . . . . . .4,500
May. . . . . . . . .4,900
positive rating upon completion rewarded~
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Cleary Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year show the estimated unit sales of the planters each month to be as follows: E: (Click the icon to view additional information.) Inventory at the start of the year was 640 planters. The desired inventory of planters at the end of each month should be equal to 20% of the following month's budgeted sales. Each planter requires four...
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