Question
Crane Company produces and sells automobile batteries, the heavy-duty HD-240. The 2022 sales forecast is as follows. Quarter HD-240 1 5,200 2 7,280 3 8,320
Crane Company produces and sells automobile batteries, the heavy-duty HD-240. The 2022 sales forecast is as follows.
Quarter | HD-240 | |
---|---|---|
1 | 5,200 | |
2 | 7,280 | |
3 | 8,320 | |
4 | 10,400 |
The January 1, 2022, inventory of HD-240 is 2,080 units. Management desires an ending inventory each quarter equal to 40% of the next quarters sales. Sales in the first quarter of 2023 are expected to be 25% higher than sales in the same quarter in 2022. Prepare quarterly production budgets for each quarter and in total for 2022.
CRANE COMPANY Production Budget choose the accounting period For the Month Ended December 31, 2022For the Quarter Ended December 31, 2022For the Year Ending December 31, 2022 | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Product HD-240 | ||||||||||
Quarter | ||||||||||
1 | 2 | 3 | 4 | Year | ||||||
(1)Expected Unit Sales | 5200 | 7280 | 8320 | 10400 | ||||||
(2)Add: Desired Ending Finished Goods Unit | 2912 | 3328 | 4160 | enter a number of units | ||||||
(3)Total Required Units | 8112 | 10608 | 12480 | enter a total number of units for the first part | ||||||
(4)Less: (select a production budget item) Total Materials Required, Required Production Units, Direct Materials Purchases, Beginning Direct Materials, Expected Unit Sales, Desired Ending Direct Materials, Desired Ending Finished Goods Unit,Total Required Units | 2080 | 2912 | 3328 | enter a number of units | ||||||
(5)Required Production Units | 6032 | 7696 | 9152 | enter a total number of units | enter a total number of units |
please help me with the empty space. Thank you
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