Homework Answers
Solution
| Blue Wave Co. | |||
| Production budget | |||
| September, October and November | |||
| September | October | November | |
| Next month Budgeted Sales | 4500 | 6900 | 8400 |
| Ratio of Inventory to future sales | 70% | 70% | 70% |
| Budgeted Ending Inventory (Units) | 3150 | 4830 | 5880 |
| Add: Budgeted sales (Units) | 3200 | 4500 | 6900 |
| Required units of available production | 6350 | 9330 | 12780 |
| Less: Beginning Inventory | 2600 | 3150 | 4830 |
| Units to be produced | 3750 | 6180 | 7950 |
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Check my wor Exercise 20-10 Manufacturing: Production budget LO P1 10 points Blue Wave Co. predicts the following unit...
Check my work Exercise 20-10 Manufacturing: Production budget LO P1 Blue Wave Co. predicts the following...
Check my work Exercise 20-10 Manufacturing: Production budget LO P1 Blue Wave Co. predicts the following unit sales for the coming four months: September, 3,200 units; October, 4,500 units; November, 6,900 units; and December, 8,400 units. The company's policy is to maintain finished goods inventory equal to 70% of the next month's sales. At the end of August, the company had 2,600 finished units on hand. points Skipped Prepare a production budget for each of the months of September, October,...
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