Question
Chapter 8 Budgeting EarthX produces EarthBike, the expected sales for the first three months of 2017 are as follows: January: 500; February: 400; March 300,
Chapter 8 Budgeting
EarthX produces EarthBike, the expected sales for the first three months of 2017 are as follows:
January: 500; February: 400; March 300, April 800
The company has a policy of having 10% of the next months sales in the ending inventory.
Required: generate the production budget for January and February.
It takes 2 kgs of gold to produce one unit. The company has a policy of having 20% of the next months production need in the ending inventory.
Required: generate the raw material budget for February.
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Construction accounting and financial management
Authors: Steven j. Peterson
2nd Edition
135017114, 978-0135017111
