Down Under Products Ltd, | ||||
Production Budget | ||||
April | May | June | Quarter | |
Budget units sales | 88,000 | 90,000 | 128,000 | 306,000 |
Ending inventory | 90,000 x 15% = 13,500 | 128,000 x 15% = 19,200 | 99,000 x 15% = 14,850 | 47,550 |
Total needs | 101,500 | 109,200 | 142,850 | 353,550 |
Beginning inventory | -13,200 | -13,500 | -19,200 | -45,900 |
Required production in units | 88,300 | 95,700 | 123,650 | 307,650 |
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exercise 8-2 Exercise 8-2 Production Budget [LO8-3) Down Under Products, Ltd.. of Australia has budgeted sales...
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Exercise 8-2 Production Budget [LO8-3] Down Under Products, Ltd., of Australia has budgeted sales of Its popular boomerang for the next four months as follows April May June July Unit Sales 88,000 90,000 128,000 99,000 The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of month inventory levels must equal 15% of the following month's unit sales. The inventory at the end of March...
Exercise 8-2 Production Budget [LO8-3] Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows: 16.66 points April May June July Unit Sales 68,000 80,000 108,000 89,000 eBook Hint The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of- month inventory levels must equal 10% of the following month's unit sales. The inventory at the end of March...
exercise 8-2
Exercise 8-2 Production Budget (L08-3] Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows: April May June Unit Sales 88,000 90.000 120,000 99.000 July The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of- month inventory levels must equal 15% of the following month's unit sales. The inventory at the end of March was 13.200...
Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows: Unit Sales April 88,000 May 90,000 June 128,000 July 99,000 The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of-month inventory levels must equal 15% of the following month’s unit sales. The inventory at the end of March was 13,200 units. Required: Prepare a production budget by month...
Exercise 8-2 Production Budget (L08-3) Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows: April May Unit Sales 50.000 75,000 98,000 84.000 June July The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of. month Inventory levels must equal 15% of the following month's unit sales. The inventory at the end of March was 8,700 units. Required:...
Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows: April May Unit Sales 88,000 90,000 128,000 99,000 June July The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of- month Inventory levels must equal 15% of the following month's unit sales. The inventory at the end of March was 13.200 units. Required: Prepare a production budget by...
Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows: Next Unit Sales April 66,000 May 80.000 June 106,000 July 88,000 The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of- month inventory levels must equal 20% of the following month's unit sales. The inventory at the end of March was 13,200 units. Required: Prepare a production budget...
Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows: April May June Unit Sales 66,000 80,000 106,000 88,000 July The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of-month inventory levels must equal 20% of the following month's unit sales. The inventory at the end of March was 13,200 units. Required: Prepare a production budget by month...
Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows: April May June July Unit Sales 50,000 75,000 90,000 80,000 The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of- month inventory levels must equal 10% of the following month's unit sales. The inventory at the end of March was 5,000 units. Required: Prepare a production budget by...
Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows: April May June July Unit Sales 68,000 80,000 108,000 89,000 The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of- month inventory levels must equal 10% of the following month's unit sales. The inventory at the end of March was 6,800 units. Required: Prepare a production budget by...