Turney Company produces and sells automobile batteries, the
heavy-duty HD-240. The 2020 sales forecast is as follows.
Quarter |
HD-240 |
|
---|---|---|
1 | 5,400 | |
2 | 7,430 | |
3 | 8,450 | |
4 | 10,230 |
The January 1, 2020, inventory of HD-240 is 2,160 units. Management
desires an ending inventory each quarter equal to 40% of the next
quarter’s sales. Sales in the first quarter of 2021 are expected to
be 25% higher than sales in the same quarter in 2020.
Prepare quarterly production budgets for each quarter and in total
for 2020.
TURNEY COMPANY |
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Product HD-240 |
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Quarter | ||||||||||
1 |
2 |
3 |
4 |
|
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select an opening production budget item Total Required UnitsBeginning Finished Goods UnitRequired Production UnitsExpected Unit SalesDesired Ending Finished Goods UnitBeginning Direct MaterialsDesired Ending Direct MaterialsDirect Materials Per UnitDirect Materials PurchasesTotal Materials Required |
enter a number of units |
enter a number of units |
enter a number of units |
enter a number of units |
||||||
select between addition and deduction AddLess: select a production budget item Desired Ending Finished Goods UnitTotal Required UnitsRequired Production UnitsDirect Materials Per UnitBeginning Finished Goods UnitTotal Materials RequiredDirect Materials PurchasesBeginning Direct MaterialsDesired Ending Direct MaterialsExpected Unit Sales |
enter a number of units | enter a number of units | enter a number of units | enter a number of units | ||||||
select a summarizing line for the first part Desired Ending Finished Goods UnitDirect Materials PurchasesDirect Materials Per UnitTotal Required UnitsExpected Unit SalesRequired Production UnitsBeginning Direct MaterialsTotal Materials RequiredDesired Ending Direct MaterialsBeginning Finished Goods Unit |
enter a total number of units for the first part |
enter a total number of units for the first part |
enter a total number of units for the first part |
enter a total number of units for the first part |
||||||
select between addition and deduction AddLess: select a production budget item Beginning Direct MaterialsBeginning Finished Goods UnitDesired Ending Direct MaterialsRequired Production UnitsTotal Materials RequiredTotal Required UnitsDesired Ending Finished Goods UnitDirect Materials Per UnitDirect Materials PurchasesExpected Unit Sales |
enter a number of units | enter a number of units | enter a number of units | enter a number of units | ||||||
select a closing production budget item Required Production UnitsDesired Ending Direct MaterialsDesired Ending Finished Goods UnitBeginning Finished Goods UnitDirect Materials Per UnitTotal Required UnitsExpected Unit SalesBeginning Direct MaterialsTotal Materials RequiredDirect Materials Purchases |
enter a total number of units | enter a total number of units | enter a total number of units | enter a total number of units | enter a total number of units |
Turney Company produces and sells automobile batteries, the heavy-duty HD-240. The 2020 sales forecast is as follows....
Turney Company produces and sells automobile batteries, the heavy-duty HD-240. The 2020 sales forecast is as follows. Quarter HD-240 1 5,100 2 7,330 3 8,220 4 10,240 The January 1, 2020, inventory of HD-240 is 2,040 units. Management desires an ending inventory each quarter equal to 40% of the next quarter’s sales. Sales in the first quarter of 2021 are expected to be 25% higher than sales in the same quarter in 2020. Prepare quarterly production budgets for each quarter...
Turney Company produces and sells automobile batteries, the heavy-duty HD-240. The 2017 sales forecast is as follows. Quarter HD-240 1 5,200 2 7,240 3 8,360 4 10,310 The January 1, 2017, inventory of HD-240 is 2,080 units. Management desires an ending inventory each quarter equal to 40% of the next quarter’s sales. Sales in the first quarter of 2018 are expected to be 25% higher than sales in the same quarter in 2017. Prepare quarterly production budgets for each quarter...
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Turney Company produces and sells automobile batteries, the heavy-duty HD-240. The 2020 sales forecast is as follows. Quarter HD-240 5,100 7,490 8,330 10,350 The January 1, 2020, inventory of HD-240 is 2,040 units. Management desires an ending inventory each quarter equal to 40% of the next quarter's sales. Sales in the first quarter of 2021 are expected to be 25% higher than sales in the same quarter in 2020. Prepare quarterly production budgets for each quarter and in total for...
Turney Company produces and sells automobile batteries, the heavy-duty HD-240. The 2020 sales forecast is as follows. Quarter HD-240 5,400 7,330 3 8.180 10,300 The January 1, 2020, inventory of HD-240 is 2,160 units. Management desires an ending inventory each quarter equal to 40% of the next quarter's sales. Sales in the first quarter of 2021 are expected to be 25% higher than sales in the same quarter in 2020. Prepare quarterly production budgets for each quarter and in total...
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