Aqua-pro Inc. produces submersible water pumps for ponds and cisterns. The unit sales for selected months...
Aqua-pro Inc. produces submersible water pumps for ponds and cisterns. The unit sales for selected months of the year are as follows:
| Unit Sales | |
| April | 180,000 |
| May | 220,000 |
| June | 200,000 |
| July | 240,000 |
Company policy requires that ending inventories for each month be 25% of next month's sales. However, at the beginning of April, due to greater sales in March than anticipated, the beginning inventory of water pumps is only 21,000.
Required:
Prepare a production budget for the second quarter of the year. Show the number of units that should be produced each month as well as for the quarter in total.
| Aqua-pro Inc. | ||||
| Production Budget | ||||
| For the Second Quarter | ||||
| April | May | June | Total | |
| Sales | ||||
| Desired ending inventory | ||||
| Total needs | ||||
| Less: Beginning inventory | ||||
| Units produced | ||||
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Aqua-pro Inc. produces submersible water pumps for ponds and
cisterns. The unit sales for selected months...
Aqua-pro Inc. produces submersible water pumps for ponds and cisterns. The unit sales for selected months...
Aqua-pro Inc. produces submersible water pumps for ponds and cisterns. The unit sales for selected months of the year are as follows: Unit Sales April 180,000 May 220,000 June 200,000 July 240,000 Company policy requires that ending inventories for each month be 25% of next month's sales. However, at the beginning of April, due to greater sales in March than anticipated, the beginning inventory of water pump is only 21,000. Required: Prepare a production budget for the second quarter of...
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Aqua-pro Inc. produces submersible water pumps for ponds and cisterns. The unit sales for selected months of the year are as follows: Unit Sales April 180,000 May 220,000 June 200,000 July 240,000 Company policy requires that ending inventories for each month be 25% of next month's sales. However, at the beginning of April, due to greater sales in March than anticipated, the beginning inventory of water pump is only 21,000. Required: Prepare a production budget for the second quarter of...
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