Benet Company has budgeted the following unit sales: 2017 2016 Quarter Units Quarter Units 1 105,000...
Benet Company has budgeted the following unit sales:
| 2017 | 2016 | ||||||
| Quarter | Units | Quarter | Units | ||||
| 1 | 105,000 | 1 | 90,000 | ||||
| 2 | 60,000 | ||||||
| 3 | 75,000 | ||||||
| 4 | 120,000 | ||||||
The finished goods inventory on hand on December 31, 2015 was
21,000 units. It is the company's policy to maintain a finished
goods inventory at the end of each quarter equal to 20% of the next
quarter's anticipated sales.
Prepare a production budget for 2016.
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Benet Company has budgeted the following unit sales:
2017
2016
Quarter
Units
Quarter
Units
1
105,000...
27. Benet Company has budgeted the following unit sales: 2016 2017 Quarter Quarter Units 90.000 Units...
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27. Benet Company has budgeted the following unit sales: 2016 2017 Quarter Quarter Units 90.000 Units 105,000 60,000 75,000 120,000 The finished goods inventory on hand on December 31, 2015 was 21,000 units. It is the company's policy to maintain a finished goods inventory at the end of each quarter equal to 20% of the next quarter's anticipated sales. Instructions Prepare a production budget for 2016.
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Garver Industries has budgeted the following unit sales: 2020 January February March April May Units 10,000 8,000 9,000 11,000 15,000 The finished goods units on hand on December 31, 2019, was 2,000 units. E n it requires 3 pounds of raw materials that ar pound. It is the company's policy to maintain a finished goods inventory at the end of each month equal to 20% of next month! maintaining a raw materials inventory at the end of each month equal...
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