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A company manufactures kiddie pools. On March 31, the company had 750 pools in inventory. Each pool seels for $25.00. The company's policy is to
A company manufactures kiddie pools. On March 31, the company had 750 pools in inventory. Each pool seels for $25.00. The company's policy is to maintain a pool inventory equal to 15% of next month's sales. The comany expects the following sales activity dor the second quarter of the year:April 5,000 units May 9,000 untis June 16,000 units In addition, July's sales are expected to be 20,000 untis. A. prepare a sales buget for the second quarter of the year. B. prepare a production budget for the second quarter of the year.
Optiona paste the tables below into the answer box and fill out wi A. Sales Budget Quarter ending June 30 April May June Estimated sales (units) Sales price per unit Total budgeted sales B. Production Budget Quarter ending June 30 April May june Estimated sales (units) Add: Desired ending inventory Total budgeted production needs Less: Beginning inventory Required production
A company manufactures kiddie pools. On March 31, the company had 750 pools in inventory. Each pool seels for $25.00. The company's policy is to maintain a pool inventory equal to 15% of next month's sales. The comany expects the following sales activity dor the second quarter of the year:
April 5,000 units
May 9,000 untis
June 16,000 units
In addition, July's sales are expected to be 20,000 untis.
A. prepare a sales buget for the second quarter of the year.
B. prepare a production budget for the second quarter of the year.
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