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Anderson Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year shaw the estimated
Anderson Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year shaw the estimated unil sales of the planters each month to be as foliows: Click the icon to view additional information.) Inventory at the start of the year was 640 planters. The desired inventory of planters at the end of each month should be equal to 20% of the following month's budgeter sales. Each planter renuincs four pounds of polypropylene a type of plastic). The company wants to have 10% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.25 per pound Read the requiremenils. Requirement 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. February Quarter 9.900 Anderson Manufacturing Production Budget For the Months of January through March January Unit saks 3.2001 3,50011 Plus: Desired ending inventory 720 | 5201 Total nended 3,9201 4,220 Less: Beginning inventory 720 Units to produce March 3,100 1,980 5.080 900 10 BOD 620 . x Data table Number of planters to be sold 3,200 January February 3,600 March 3,100 4,500 April.... May 4,700 Print Done 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
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