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Brian Lee, Coronado & Lee Fabricators' production manager, has just received the company's sales budget for the first quarter. January February March Quarter Budgeted units
Brian Lee, Coronado & Lee Fabricators' production manager, has just received the company's sales budget for the first quarter. January February March Quarter Budgeted units sold 20,000 30,000 32,000 82,000 Budgeted sales price Budgeted revenue $20 $20 $20 $20 $400,000 $600,000 $640,000 $1,640,000 Budgeted sales of April is 33,000. Company policy requires an ending finished goods inventory each month that will meet 30% of the following month's sales volume. Brian plans to have 2,200 finished bricks at a cost of $49.280 in inventory at the beginning of the year. Prepare Coronado & Lee's production budget for the first quarter. January February March I Brian Lee, Coronado & Lee Fabricators' production manager, has just received the company's sales budget for the first quarter. January February March Quarter Budgeted units sold Budgeted sales price Budgeted revenue $20 20,000 30,000 32,000 $20 82,000 $20 $20 $400,000 $600,000 $640,000 $1,640,000 Budgeted sales of April is 33,000. Company policy requires an ending finished goods inventory each month that will meet 30% of the following month's sales volume. Brian plans to have 2,200 finished bricks at a cost of $49,280 in inventory at the beginning of the year. Prepare Coronado & Lee's production budget for the first quarter. January February March Quarter
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