Question

mybusinesscourse.com 0 G E Student News Springfield College beverly police department - Google S... finished hr current event - Kastrinakis... FantasyCast - YABO - ESPN Fantasy F... Modula 22 Homework Favorites Business Course A Return to course My Subscriptions jimmy kastrinakis Production and Purchases Budgets Drainage Solutions Culverts produces small culverts for water drainage under two-lane dirt roads, Budgeted unit sales for the next several months are: Month Sales September 2.200 October 1,700 November 1,000 December 700 Support At the beginning of September, 550 units of finished goods were in inventory. During the final third of the year, as road construction declines, plans are to have an inventory of finished goods equal to 25 percent of the following month's sales. Each unit of finished goods requires 600 pounds of raw materials at a cost of $5 per pound. Management wishes to maintain month-end inventories of raw materials equal to 50 percent of the following month's needs. Five hundred thousand pounds of raw materials were on hand at the start of September, Required a. Prepare a production budget for September, October, and November. Do not use a negative sign with your answers, Drainage Solutions Culverts Production Budget For the Months of September, October, and November Sept. Oct. Nov. Dec. Budgeted sales 2200 1700 1000 700 Plus desired ending inventory 550 x OX Total inventory requirements OX Less beginning inventory 550 0x 0 x 0 X Budgeted production b. Prepare a purchases budget in units and dollars for September and October Do not use a negative sign with your answers. Drainage Solutions Culverts Purchases Budget For the Months of September and October Sept. Oct. Nov. Units (in pounds: Production requirements Ox 0X Plus desired ending inventory Total inventory needs 0 x 0 %

Answer 1

Sep. Oct. Nov. Dec

Sales. 2200. 1700. 1000. 700

Add:closing inventory 425. 250. 175

Less:opening inventory 550. 425. 250

Production. 2075. 1525. 925

Pate Purchases Budye oct 4spt 2075 Production Addi Clesng iavete Total inverdony 525 462.5 762.5 987.5 2B37, 5 k8375+ j967.5x6 7otar Lonsumptien 11 2895000 G00000) Leue Opening inuetoy Omater as TOteul Puachases cost a Total Z395 000 units 5/pand E1975000