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all info is provided. I already got part of requirement 1 wrong, so please help with requirement 2 and part 3 if possible Requirements 1.
all info is provided. I already got part of requirement 1 wrong, so please help with requirement 2 and part 3 if possible
Requirements 1. Prepare a production budget for each month in the first quarter of the year, including production in units for each month and for the quarter. 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, including the pounds of polypropylene required and the total cost of the polypropylene to be purchased. Print Done - - Data table ...... Number of planters to be sold January 3,400 February 3,800 March 3,300 April ......... 4,900 May 4,600 naar all Part 2013 Points: 0.61 of 2 Kyler Manufacturing produces self-watering planters for use in upacale retail establishments. Sales projections for the first five months of the upcoming year show the estimated unt sales of the planters each month to be as follows: Click the loon to view additional information) Inventory at the start of the your was 60 planters. The desired Inventory of planters at the end of each month should be equal to 25% of the following month's budgeted sales. Each planter requires three pounds of polypropylene a type of plastic. The company wants to have 20% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.20 per pound Read the remonts Requirement 1. Prepare a production budget for each month in first quarter of the year, including production is units for each month and for the curret, Kyler Manufacturing Production Budget For the Months of January through March January February March Quarter Unit sales 3.400 3.800 3,300 10.500 Plus Desired ending inventory 950 125 1.225 1,225 Totalreded 4,350 4.625 4,595 11.725 Lu Beginning inventory 950 625 Units to produce 3.500 3.675 33700 10,875 Requirement 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, including the pounds of polypropylene required and the total cost of the polypropylene to be purchased Start by preparing the direct materials budget through the total quantity needed, then complete the budget Kyler Manufacturing Direct Material Budget For the Months of January through March January February March Units to be produced Multiply by Quantity of direct material needed per unit Oartiyeded for production Quarter March Quarter Kyler Manufacturing Direct Materials Budget For the Months of January through March January February Units to be produced Multiply by: Quantity of direct materials needed per unit Quantity needed for production Plus: Desired ending inventory of direct materials Total quantity needed Step by Step Solution
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