Ruiz Co. provides the following unit sales forecast for the next 3 months: Sales Units :...
Ruiz Co. provides the following unit sales forecast for the next 3 months:
Sales Units :
January - 3,000
February - 4,200
March - 5,000
The company wants to end each month with ending finished goods inventory equal to 10% of the next month's sales. Finished goods inventory on December 31 is 300 units. The budgeted production units for February are:
4,700 units
4,200 units
4,280 units
5,000 units
4,120 units
Homework Answers
Answer: 4,280 units
Calculations:
| Production Budget | |
| February | |
| Unit sales | 4,200 |
| Add: Ending finished goods [5,000 March sales units x 10%] | 500 |
| Less: Beginning finished goods units [4,200 Feb. Sales units x 10%] | -420 |
| Budgeted production units | 4,280 |
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Ruiz Co. provides the following unit sales forecast for the next
3 months:
Sales Units :...
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Ruiz Co. provides the following unit sales forecast for the next three months: Sales units January February March 3,000 4,200 5,000 8 01:10:10 The company wants to end each month with ending finished goods inventory equal to 10% of the next month's sales. Finished goods inventory on December 31 is 300 units. The budgeted production units for January are: eBook Multiple Choice 3,000 units. • 3,420 units. 0 3,720 units. 0 3,120 units. 0 2,880 units.
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May
June
July
Sales (units)
550
630
580
670
The company wants to end each month with ending finished goods
inventory equal to 20% of next month's forecasted sales. Finished
goods inventory on April 1 is 110 units.
Prepare a production budget for the months of April, May, and
June.
UINUATIV Wants to end each month with ending finished goods inventory equal to 209 goods inventory on...
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production is 660 units. In addition, each finished unit requires
four pounds (lbs.) of raw materials and the company wants to end
each month with...
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