Production budget
July | August | september | October | |
Budgeted unit sales | 41000 | 46000 | 56000 | 36000 |
Add: Desired ending inventory | 14500 | 17000 | 12000 | 9500 |
Total needs | 55500 | 63000 | 68000 | 45500 |
Less; Beginning inventory | -13250 | -14500 | -17000 | -12000 |
Required production in units | 42250 | 48500 | 51000 | 33500 |
Direct material budget
July | August | September | Quarter | |
Required production in units | 42250 | 48500 | 51000 | 141750 |
Raw material per unit | 3 | 3 | 3 | 3 |
Units of raw material needed to production | 126750 | 145500 | 153000 | 425250 |
Add: Desired ending inventory | 72750 | 76500 | 50250 | 50250 |
Total Units of raw material needed | 199500 | 222000 | 203250 | 475500 |
Less; Beginning inventory | -60000 | -72750 | -76500 | -60000 |
Units of raw materials to be purchased | 139500 | 149250 | 126750 | 415500 |
3. Prepare a direct materials budget showing the quantity of solvent H300 to be purchased for...
Exercise 8-10 Production and Direct Materials Budgets [LO8-3, LO8-4] Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout Southeast Asia. Three cubic centimeters (CC) of solvent H300 are required to manufacture each unit of Supermix, one of the company's products. The company now is planning raw materials needs for the third quarter, the quarter in which peak sales of Supermix occur. To keep production and sales moving smoothly, the company has the following inventory requirements: a. The finished...
Exercise 8-10 Production and Direct Materials Budgets [LO8-3,
LO8-4]
Pearl Products Limited of Shenzhen, China, manufactures and
distributes toys throughout Southeast Asia. Three cubic centimeters
(cc) of solvent H300 are required to manufacture each unit of
Supermix, one of the company’s products. The company now is
planning raw materials needs for the third quarter, the quarter in
which peak sales of Supermix occur. To keep production and sales
moving smoothly, the company has the following inventory
requirements:
The finished goods...
Exercise 8-10 (Algo) Production and Direct Materials Budgets [LO8-3, LO8-4] Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia. Three cubic centimeters (cc) of solvent H300 are required to manufacture each unit of Supermix, one of the company's products. The company is planning its raw materials needs for the third quarter, the quarter in which peak sales of Supermix occur. To keep production and sales moving smoothly, the company has the following inventory requirements: a....
Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout Southeast Asia. Three cubic centimeters (cc) of solvent H300 are required to manufacture each unit of Supermix, one of the company's products. The company now is planning raw materials needs for the third quarter, the quarter in which peak sales of Supermix occur. To keep production and sales moving smoothly, the company has the following inventory requirements: a. The finished goods inventory on hand at the end of each...
Required: 1. Prepare a production budget for Supermix for the months July, August, September, and October. 3. Prepare a direct materials budget showing the quantity of solvent H300 to be purchased for July, August, and September, and for the quarter in total. Complete this question by entering your answers in the tabs below. Required 1 Required 3 Prepare a direct materials budget showing the quantity of solvent H300 to be purchased for July, August, and September, and for the quarter...
Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia. Three cubic centimeters (cc) of solvent H300 are required to manufacture each unit of Supermix, one of the company's products. The company now is planning raw materials needs for the third quarter, the quarter in which peak sales of Supermix occur. To keep production and sales moving smoothly, the company has the following inventory requirements: a. The finished goods inventory on hand at the end of...
pearl products
Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout Southeast Asia. Three cubic centimeters (CC) of solvent H300 are required to manufacture each unit of Supermix, one of the company's products. The company now is planning raw materials needs for the third quarter, the quarter in which peak sales of Supermix occur. To keep production and sales moving smoothly, the company has the following Inventory requirements: a. The finished goods inventory on hand at the end...
Pearl Products Limited of Shenzhen, China, manufactures and
distributes toys throughout Southeast Asia. Three cubic centimeters
(cc) of solvent H300 are required to manufacture each unit of
Supermix, one of the company’s products. The company now is
planning raw materials needs for the third quarter, the quarter in
which peak sales of Supermix occur. To keep production and sales
moving smoothly, the company has the following inventory
requirements:
A. The finished goods inventory on hand at the end of each...
Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia. Three cubic centimeters (cc) of solvent H300 are required to manufacture each unit of Supermix, one of the company's products. The company now is planning raw materials needs for the third quarter, the quarter in which peak sales of Supermix occur. To keep production and sales moving smoothly, the company has the following inventory requirements: a. The finished goods inventory on hand at the end of...
Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia. Three cubic centimeters (cc) of solvent H300 are required to manufacture each unit of Supermix, one of the company's products. The company now is planning raw materials needs for the third quarter, the quarter in which peak sales of Supermix occur. To keep production and sales moving smoothly, the company has the following Inventory requirements: a. The finished goods Inventory on hand at the end of...