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136 4 A = III. 20 Point 5 5 - 3 9 0 1 2 3 4 5 6 7 8 9 0 1 2
136 4 A = III. 20 Point 5 5 - 3 9 0 1 2 3 4 5 6 7 8 9 0 1 2 IV. B Ready X fx 28 Point C D E Accessibility: Investigate H PRODUCTION BUDGET FOR THE MONTHS OF JUNE AND JULY 2023 PRODUCT Expected units to be sold Desired inventory (ending of the month) Total units available Estimated Inventory (beginning of the month) Total units to be produce F G Oven CVP & Income Statement Budget & Absorption JUNE ABSORPTION INCOME STATEMENT IMAGE MAKER INCORPORATION FOR THE MONTH ENDED JULY 31, 2023 MONTHS Fridge K Oven L JULY M Fridge (Deduct 2 point for each incorrect answer) P Q Sales in unit R S Oven 48,500 T JUNE III. Ebony Electric Company produces Oven and Fridge. The anticipated unit sales for the oven and Fridge are as follows: U MONTH Fridge 75,000 V W Oven JULY LL 55,000 X Fridge 95,000 The finished goods inventory estimated for June 1, 2023 for Oven and Fridge is 11,450 and 10,500 units, respectively. The desired finished goods inventory for June 30, 2023 for Oven and Fridge is 16,350 and 18,300 respectively. The desired finished goods inventory for July 31, 2023 is 13,500 and 17,500 respectively Require Prepare a production budget for Oven and Fridge for the month ended June 30, 2023 and July 31, 2023. IV. Income statements under Variable costing and Absorption costing Image Maker Inc., manufactures and sells Saloon Mirror. The company began operations 11 G Y Z 8:24 PM AA 100%
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