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Bockell Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year show the
Bockell Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year show the estimated unit sales of the planters each month to be as follows: (Click the icon to view additional information.) Inventory at the start of the year was 280 planters. The desired inventory of planters at the end of each month should be equal to 10% 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 and of cach month. The polypropylene costs $0.25 per pound. Read the requi 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 Beckett Manufacturing Production Budget For the Months of January through March Unit sales Plus Desending inontary Total Less: Beginning inventory Units to produce January February Murch 3900 3700 2100 Quarter
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