Assignment (2) - Budget Production & Material & Cash collections & Labor & Overhead Case (1) Sam Company prepares the production budget for the year 2019, and given the following: 1- Quarter sales in units 10.000, 20,000, 30000. 40.000 2- Ending inventory for each quarter in units is equal 20% of the sales of the 3- Beginning inventory for first quarter in units 5,000 Required Prepare the Production Budget Case (2): The S. Company is preparing its master budget for 2019, relevant are as follows: 1- Sales: Sales for the year are expected to total 1,000,000 units. Quarterly sales are 20% 20% 30% and 30% 2- The sales price is expected to be $10 per unit 3- Ending finished goods equals 30% of the next quarter sales volume and the sales volume related to the first quarter of 2020 is expected to be higher 20% of the fourth quarter of 2019 Required: 1- Prepare the Sales Budget for the year 2009 2. Prepare the Production Budget for the year 2009 if the End. Inventory of finished goods for 2008 was 2500 units Case (3): DD. Company produces and sales two products and M, and given the following data: 1- The sales budget 2009 as follows (in units) Quarter Products Product H 1 25,000 30,000 10000 20,000 3 40.000 50,000 2- The January 1, inventory of product S 1,000 and product H 2,000 units 3- Management desires an ending inventory each quarter equals 40% of the next quarter sales Required: Prepare the Production Budget for each product Case (4) The F.R.Company budget committee has reached agreement on the following data for the six months ending June 2019 1- Sales in units: First quarter 10000 - Second quarter 150000 2-End. Raw materials equal 50% of the next quarter requirement 3-End. Finished goods inv. equals 30% of the next quarter sales in units 4- The End. Raw materials and finished goods inventories at May 3000 and 2000 respectively 5. Three pounds of raw materials are required to make each unit of finished goods 6- Expected cost per pound $ 4 7. Sales of 8000 units and requirement of 7000 units are expected in the third quarter during 2009 Required: 1- Prepare the Production Budget