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Bonita Company estimates that unit sales will be 9,000 in quarter 1, 12,600 in quarter 2, 13,500 in quarter 3, and 16,200 in quarter 4.

Bonita Company estimates that unit sales will be 9,000 in quarter 1, 12,600 in quarter 2, 13,500 in quarter 3, and 16,200 in quarter 4. Using a unit selling price of $68 per unit. Prepare the sales budget by quarters for the year ending December 31, 2022.

BONITA COMPANY Sales Budget choose the accounting period For the Year Ending December 31, 2022December 31, 2022For the Quarter Ending December 31, 2022

Quarter

1

2

3

4

Year

select a sales budget item Direct LaborDirect MaterialsExpected Unit SalesProduction UnitsTotal SalesUnit Selling Price

enter a number of units

enter a number of units

enter a number of units

enter a number of units

enter a number of units

select a sales budget item Direct LaborDirect MaterialsExpected Unit SalesProduction UnitsTotal SalesUnit Selling Price

$enter a dollar amount

$enter a dollar amount

$enter a dollar amount

$enter a dollar amount

$enter a dollar amount

select a closing sales budget item Direct LaborDirect MaterialsExpected Unit SalesProduction UnitsTotal SalesUnit Selling Price

$enter a total dollar amount

$enter a total dollar amount

$enter a total dollar amount

$enter a total dollar amount

$enter a total dollar amount

Bonita Company estimates that unit sales will be 9,000 in quarter 1, 12,600 in quarter 2, 13,500 in quarter 3, and 16,200 in quarter 4. The unit selling price is $70. Management desires to have an ending finished goods inventory equal to 25% of the next quarters expected unit sales. Prepare a production budget by quarters for the first 6 months of 2022.

BONITA COMPANY Production Budget choose the accounting period For the Quarter Ending June 30, 2022June 30, 2022For the Six Months Ending June 30, 2022

Quarter

1

2

Six Months

select an opening production budget item Desired Ending Direct MaterialsBeginning Direct MaterialsTotal Materials RequiredExpected Unit SalesTotal Required UnitsDirect Materials PurchasesDesired Ending Finished Goods InventoryBeginning Finished Goods InventoryRequired Production UnitsDirect Materials Per Unit

enter a number of units

enter a number of units

select between addition and deduction AddLess: select a production budget item Beginning Direct MaterialsTotal Required UnitsDirect Materials Per UnitRequired Production UnitsDirect Materials PurchasesDesired Ending Finished Goods InventoryTotal Materials RequiredDesired Ending Direct MaterialsExpected Unit SalesBeginning Finished Goods Inventory

enter a number of units enter a number of units

select a summarizing line for the first part Expected Unit SalesTotal Materials RequiredBeginning Direct MaterialsTotal Required UnitsRequired Production UnitsBeginning Finished Goods InventoryDirect Materials Per UnitDesired Ending Finished Goods InventoryDesired Ending Direct MaterialsDirect Materials Purchases

enter a total number of units for the first part

enter a total number of units for the first part

select between addition and deduction AddLess: select a production budget item Required Production UnitsBeginning Finished Goods InventoryDesired Ending Direct MaterialsDesired Ending Finished Goods InventoryDirect Materials Per UnitTotal Materials RequiredBeginning Direct MaterialsExpected Unit SalesTotal Required UnitsDirect Materials Purchases

enter a number of units enter a number of units

select a closing production budget item Beginning Direct MaterialsTotal Materials RequiredRequired Production UnitsDesired Ending Direct MaterialsDirect Materials PurchasesBeginning Finished Goods InventoryTotal Required UnitsExpected Unit SalesDirect Materials Per UnitDesired Ending Finished Goods Inventory

enter a total number of units enter a total number of units enter a total number of units

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