Paige Company estimates that unit sales will be 10,500 in
quarter 1, 12,700 in quarter 2, 14,400 in quarter 3, and 18,800 in
quarter 4. Management desires to have an ending finished goods
inventory equal to 24% of the next quarter’s expected uni
t sales. Prepare a production
budget by quarters for the first 6 months of 2017.
Homework Answers
| PAIGE COMPANY | |||
| Production Budget | |||
| For the six months ended June 30, 2017 | |||
| Quarter | |||
| 1 | 2 | Six months | |
| Expected unit sales | 10500 | 12700 | |
| Add : Desired ending finished goods inventory | 3048 | 3456 | |
| Total required units | 13548 | 16156 | |
| Less : Beginning finished goods inventory | 2520 | 3048 | |
| Required production units | 11028 | 13108 | 24136 |
| Note : Beginning inventory of Quarter 1 of 2017 = Ending inventory of Quarter 4 of 2016 = 24% * Expected unit sales of Quarter 1 of 2017 = 24% * 10500 | 2520 |
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Paige Company estimates that unit sales will be 10,500 in
quarter 1, 12,700 in quarter 2,...
Paige Company estimates that unit sales will be 10,500 in quarter 1, 12,700 in quarter 2, 14,400 in quarter 3, and 18,1...
Paige Company estimates that unit sales will be 10,500 in quarter 1, 12,700 in quarter 2, 14,400 in quarter 3, and 18,100 in quarter 4. Management desires to have an ending finished goods inventory equal to 25% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first 6 months of 2017. PAIGE COMPANY Production Budget Quarter Six Months
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Paige Company estimates that unit sales will be 10,200 in quarter 1, 13,000 in quarter 2, 14,900 in quarter 3, and 18,700 in quarter 4. Management desires to have an ending finished goods inventory equal to 24% of the next quarter’s expected unit sales. Prepare a production budget by quarters for the first 6 months of 2017.
Paige Company estimates that unit sales will be 10,200 in quarter 1, 13,000 in quarter 2,...
Paige Company estimates that unit sales will be 10,200 in quarter 1, 13,000 in quarter 2, 14,900 in quarter 3, and 18,400 in quarter 4. Management desires to have an ending finished goods inventory equal to 24% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first 6 months of 2017. PAIGE COMPANY Production Budget For the Six Months Ending June 30, 2017 Quarter Six Months | Add :
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Brief Exercise 9-3 Your answer is partially correct. Try again. Paige Company estimates that unit sales...
Brief Exercise 9-3 Your answer is partially correct. Try again. Paige Company estimates that unit sales will be 10,900 in quarter 1, 13,100 in quarter 2, 14,600 in quarter 3, and 18,300 in quarter 4. Management desires to have an ending finished goods inventory equal to 24% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first 6 months of 2020. PAIGE COMPANY Production Budget For the Six Months Ending June 30, 2020 A...
Brief Exercise 9-3 Your answer is partially correct. Try again. Paige Company estimates that unit sales...
Brief Exercise 9-3 Your answer is partially correct. Try again. Paige Company estimates that unit sales will be 10,900 in quarter 1, 13,000 in quarter 2, 14,900 in quarter 3, and 18,500 in quarter 4. Management desires to have an ending finished goods inventory equal to 21% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first 6 months of 2020. PAIGE COMPANY Production Budget For the Six Months Ending June 30, 2020 Quarter...
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Brief Exercise 9-3 Paige Company estimates that unit sales will be 10,800 in quarter 1, 12,100 in quarter 2, 14,100 in quarter 3, and 18,600 in quarter 4 Management desires to have an ending finished goods inventory equal to 21% of the next quarter's expected unit sales. Prepaire a production budget by quarters for the first 6 months of 2020. PAIGE COMPANY Production Budget Quarter Six Months Click if you would like to Show Work for this question: Open Show...
Brief Exercise 9-3 Your answer is partially correct. Try again. Paige Company estimates that unit sales will be 10,900 in quarter 1, 13,100 in quarter 2, 14,600 in quarter 3, and 18,300 in quarter 4. Management desires to have an ending finished goods inventory equal to 24% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first 6 months of 2020. PAIGE COMPANY Production Budget For the Six Months Ending June 30, 2020 A...
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