There are a lot of different charts, please keep it organized so i understand what is going on.
1 | ZIGBY MANUFACTURING | ||||
Sales Budget | |||||
April, May, and June 2015 | |||||
Budgeted unit sales | Budgeted unit price | Budgeted total dollars | |||
April 2015 | 23000 | 23.60 | 542800 | ||
May 2015 | 15300 | 23.60 | 361080 | ||
June 2015 | 20400 | 23.60 | 481440 | ||
Totals for the quarter | 58700 | 1385320 | |||
2 | ZIGBY MANUFACTURING | ||||
Production Budget | |||||
April, May, and June 2015 | |||||
April | May | June | |||
Next month's budgeted sales (units) | 15300 | 20400 | 23000 | ||
Ratio of inventory to future sales | 80% | 80% | 80% | ||
Budgeted ending inventory (units) | 12240 | 16320 | 18400 | 18400 | |
Budgeted unit sales for month | 23000 | 15300 | 20400 | 58700 | |
Required units of available production | 35240 | 31620 | 38800 | 77100 | |
Beginning inventory (units) | 18400 | 12240 | 16320 | 18400 | |
Units to be produced | 16840 | 19380 | 22480 | 58700 | |
3 | ZIGBY MANUFACTURING | ||||
Raw Materials Budget | |||||
April, May, and June 2015 | |||||
April | May | June | |||
Production budget (units) | 16840 | 19380 | 22480 | 58700 | |
Material required per unit of production | 0.50 | 0.50 | 0.50 | 0.50 | |
Materials needed for production | 8420 | 9690 | 11240 | 29350 | |
Ending inventory @ 50% next months material requirements | 4845 | 5620 | 4100 | 4100 | |
Total material requirements (units) | 13265 | 15310 | 15340 | 33450 | |
Beginning inventory (units) | 4210 | 4845 | 5620 | 4210 | |
Materials to be purchased | 9055 | 10465 | 9720 | 29240 | |
Material price per unit $ | 20 | 20 | 20 | 20 | |
Total cost of direct material purchases | 181100 | 209300 | 194400 | 584800 | |
4 | ZIGBY MANUFACTURING | ||||
Direct Labor Budget | |||||
April, May, and June 2015 | |||||
April | May | June | Total | ||
Budgeted production (units) | 16840 | 19380 | 22480 | 58700 | |
Direct labor hours required per unit | 0.50 | 0.50 | 0.50 | 0.50 | |
Total labor hours needed | 8420 | 9690 | 11240 | 29350 | |
Direct labor rate per hour $ | 15 | 15 | 15 | 15 | |
Labor dollars | 126300 | 145350 | 168600 | 440250 |
Per HOMEWORKLIB RULES, the first 4 parts have been answered. Please post the remaining separately. Thank you.
There are a lot of different charts, please keep it organized so i understand what is...
please organize exactly as seen, thank you The management of Zigby Manufacturing prepared the following estimated balance sheet for March, 2015: ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2015 Assets Cash $ 50.000 Accounts receivable 434,240 Raw materials Inventory 84,210 Finished goods inventory 368,000 Total current assets 936,450 Equipment, gross 602.000 Accumulated depreciation (151,000) Equipment, net 451,000 Total assets $ 1387.450 Liabilities and Equity Accounts payable Short-term notes payable 196,610 12,000 Total current liabilities S 208.610 505,000 Long-term note payable...
please organize exactly as seen, thank you The management of Zigby Manufacturing prepared the following estimated balance sheet for March, 2015: ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2015 Assets Cash $ 50.000 Accounts receivable 434,240 Raw materials Inventory 84,210 Finished goods inventory 368,000 Total current assets 936,450 Equipment, gross 602.000 Accumulated depreciation (151,000) Equipment, net 451,000 Total assets $ 1387.450 Liabilities and Equity Accounts payable Short-term notes payable 196,610 12,000 Total current liabilities S 208.610 505,000 Long-term note payable...
The management of Zigby Manufacturing prepared the following estimated balance sheet for March 2017: ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2017 Assets Cash 58,000 484,640 91,290 Accounts receivable Raw materials inventory Finished goods inventory 393,304 Total current assets 1,027,234 Equipment, gross Accumulated depreciation Equipment, net 636,000 168,000) 468,000 $1,495,234 Total assets Liabilities and Equity Accounts payable Short-term notes payable 206,390 30,000 Total current liabilities 236,390 Long-term note payable Total liabilities 525,000 761,390 Common stock 353,000 Retained earnings 380,844 Total...
Problem 20-4A Manufacturing: Preparation of a complete master budget LO P1, P2, P3 The management of Zigby Manufacturing prepared the following estimated balance sheet for March 2017: ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2017 Assets Cash Accounts receivable Raw materials inventory Finished goods inventory Total current assets Equipment, gross Accumulated depreciation Equipment, net Total assets Liabilities and Equity Accounts payable Short-term notes payable Total current liabilities Long-term note payable Total liabilities Common stock Retained earnings Total stockholders' equity Total...
The management of Zigby Manufacturing prepared the following estimated balance sheet for March 2017: ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2017 Assets Cash $ 53,000 Accounts receivable 392,400 Raw materials inventory 96,600 Finished goods inventory 313,920 Total current assets 855,920 Equipment, gross 626,000 Accumulated depreciation (163,000 ) Equipment, net 463,000 Total assets $ 1,318,920 Liabilities and Equity Accounts payable $ 204,800 Short-term notes payable 25,000 Total current liabilities 229,800 Long-term note payable 520,000 Total liabilities 749,800 Common stock 348,000...
Required information [The following information applies to the questions displayed below.] The management of Zigby Manufacturing prepared the following estimated balance sheet for March, 2013: ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2013 Assets Cash $ 48,000 Accounts receivable 438,750 Raw materials inventory 87,900 Finished goods inventory 383,760 Total current assets 958,410 Equipment, gross 616,000 Accumulated depreciation (158,000) Equipment, net 458,000 Total assets $ 1,416,410 Liabilities and Equity Accounts payable 187,200 Short-term notes...
Problem 22-4A Manufacturing: Preparation of a complete master budget LO P1, P2, P3 The management of Zigby Manufacturing prepared the following estimated balance sheet for March 2017: ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2017 Assets $ Cash 46,000 Accounts receivable 386,925 96,290 327,831 Raw materials inventory Finished goods inventory Total current assets 857,046 Equipment, gross Accumulated depreciation Equipment, net 612,000 (156,000) 456,000 $1,313,046 Total assets Liabilities and Equity 196,190 18,000 214,190 Accounts payable Short-term notes payable $ Total current...
The management of Zigby Manufacturing prepared the following estimated balance sheet for March 2017 ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2017 Assets Cash $ 30,000 464, 100 98,505 450,840 1,043,445 620,000 (160, 000) 460,000 $1,503,445 Accounts receivable Raw materials inventory Finished goods inventory Total current assets Equipment, gross Accumulated depreciation Equipment, net Total assets Liabilities and Equity Accounts payable Short-term notes payable Total current liabilities Long-term note payable Total liabilities Common stock 206, 405 22,000 228,405 510,000 738,405 345,000...
The management of Zigby Manufacturing prepared the following estimated balance sheet for March, 2015: ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2015 Assets Cash $ 30,000 Accounts receivable 464,100 Raw materials inventory 98,505 Finished goods inventory 450,840 Total current assets 1,043,445 Equipment, gross 620,000 Accumulated depreciation (160,000) Equipment, net 460,000 Total assets $ 1,503,445 Liabilities and Equity ...