3) Production Units = Sales+Desired ending inventory-Beginning inventory
6000 = 4000+X-(4000*40%)
Desired ending inventory = 3600
Budgeted sale for July = 3600*100/40 = 9000
So answer is c) 9000 Units
4) Unit to be produce = 136500/39 = 3500 Units
Desired ending inventory = 3500+1200-3000 = 1700 Units
Sale Unit for July = 1700*100/40 = 4250
So answer is b) 4250 Units
3. Budgeted sales for the first six months for Meixner Corp. are listed below: APRIL 7,000...
100. Schmidt Corporation manufactures card tables. The company has a policy of maintaining a finished goods inventory equal to 40 percent of the next month's planned sales. Each card table requires 3 hours of labor. The budgeted labor rate for the coming year is $13 per hour. Planned sales for the months of April, May, and June are respectively 4,000; 5,000; and 3,000 units. The budgeted direct labor cost for June for Schmidt Corporation is $136,500. What are budgeted sales...
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Ruiz Co. provides the following sales forecast for the next four
months.
April
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...
Hospitable Co. provides the following sales forecast for the
next four months:
April
May
June
July
Sales (units)
500
580
540
620
The company wants to end each month with ending finished goods
inventory equal to 25% of next month’s sales. Finished goods
inventory on April 1 is 190 units. Assume July’s budgeted
production is 540 units.
Prepare a production budget for the months of April, May, and
June.
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