Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

After completing their sales forecast, Wildhorse Treats LLC has decided that it would like to create a production budget. The company's goal is to ensure

After completing their sales forecast, Wildhorse Treats LLC has decided that it would like to create a production budget. The company's goal is to ensure that it will be able to produce enough dog treats to cover the sales that have been projected for the entire first quarter. Wildhorse has projected the following sales: January, 1,130 units; February, 1,340 units; and March, 1,430 units; April, 1405 units. The company has a policy of keeping 10% of the next month's projected sales on hand in their Finished Goods (FG) Inventory. Calculate the number of budgeted units that need to be produced for each month and for the entire quarter. (Round answers to 2 decimal places, e.g. 5,125.25.) Production Budget Budgeted unit to be produced January February March First Quarter Total
image text in transcribed
After completing their sales forecast, Wildhorse Treats LLC has decided that it would tike to create a production budget. The compary's goal is to ensure that it will be able to produce enough dog treats to cover the sales that have been projected for the entire first quarter. Wildhorse has projected the following sales: January, 1,130 units; February. 1,340 units; and March, 1,430 units; April, 1405 units. The company has a policy of keepins 10 of the next month's projected sales on hand in their Finished Gonds (FG) Inventory. Calculate the number of budgeted units that need to be produced for each month and for the entire quarter. (Round crowers to 2 decinal places, e\$ 5, 125.25J

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started