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5 The budget components for McLeod Company for the quarter ended June 30 appear below. McLeod sells garbage cans for $12 each Budgeted sales
5 The budget components for McLeod Company for the quarter ended June 30 appear below. McLeod sells garbage cans for $12 each Budgeted sales of garbage cans for the next four months are: April May June July 20,000 units 50.000 units 30.000 units 25.000 units McLeod desires to have garbage cans on hand at the end of each month equal to 20 percent of the following month's budgeted sales in units. On March 31. McLeod had 4.000 completed units on hand. The number of garbage cans to be produced in April and May are 26.000 and 46,000, respectively. Seven kilograms of plastic are required for each garbage can. At the end of each month, McLeod desires to have 10 percent of the following month's production material needs on hand. At March 31, McLeod had 18,200 kilograms of plastic on hand. The material used in production costs $0.60 per kilogram. Each garbage can produced requires 0.10 hours of direct labour. How many garbage cans should McLeod produce during the month of June? Beginning Inventory +Production - Ending Inventory = Sales Units Qu M
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