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Based on the following production and sales data of Frixion Co. for March of the current year. Product T Product X Estimated inventory, March 1
Based on the following production and sales data of Frixion Co. for March of the current year.
Product T | Product X | ||||
Estimated inventory, March 1 | 28,000 | units | 20,000 | units | |
Desired inventory, March 31 | 32,000 | units | 15,000 | units | |
Expected sales volume: | |||||
Area I | 320,000 | units | 260,000 | units | |
Area II | 190,000 | units | 130,000 | units | |
Unit sales price | $6 | $14 |
a. Prepare a sales budget.
Frixion Co. | |||
Sales Budget | |||
For Month Ending March 31 | |||
Product and Area | Unit Sales Volume | Unit Selling Price | Total Sales |
Product T: | |||
Area I | $ | $ | |
Area II | |||
Total | $ | ||
Product X: | |||
Area I | $ | $ | |
Area II | |||
Total | $ | ||
Total revenue from sales | $ |
b. Prepare a production budget.
Frixion Co. | ||
Production Budget | ||
For Month Ending March 31 | ||
Product T | Product X | |
Sales | ||
Total | ||
Total production | ||
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