Preparing sales budget and production budget} The sales department of W. Smith Manufacturing Company has forecast sales

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Preparing sales budget and production budget}

The sales department of W. Smith Manufacturing Company has forecast sales for its single product to be 20,000 units for the month of June with three-fourths of the sales expected in the East region and one-fourth in the West region. The budgeted selling price is \(\$ 25\) per unit. The desired ending inventory on June 30 is 3,000 units, and the expected beginning inventory on June 1 is 2,000 units.

Prepare the following:

a. A sales budget for June.

b. A production budget for June.

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Principles Of Cost Accounting

ISBN: 9780324374179

14th Edition

Authors: Edward J. Vanderbeck

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