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Anderson Foods produces specialty soup sold in jars. The projected sales in dollars and jars for each quarter of the upcoming year are as
Anderson Foods produces specialty soup sold in jars. The projected sales in dollars and jars for each quarter of the upcoming year are as follows: Total sales revenue Number of jars sold 1st quarter.... S 182,000 150,000 2nd quarter... S 210,000 182,500 3rd quarter $ 257,000 213,000 4th quarter $ 197,000 162,000 D Anderson anticipates selling 223,000 jars with tofal sales revenue of $267,000 in the first quarter of the year following the year given in the preceding table. Anderson has a policy that the ending inventory of jars must be 25% of the following quarter's sales. Requirement Prepare a production budget for the year that shows the number of jars to be produced each quarter and for the year in total Prepare the production budget by first calculating the total units needed, then calculate the units to produce. Anderson Foods Unit sales im Plus: Desired ending inventory Total needed n Less: Beginning inventory BHA Units to produce Production Budget For the Quarters in the Upcoming Year Quarter 1 Quarter 2 Quarter 3 Quarter 4 Year
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