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Dobbs Manufacturing produces two products, A & B. Based on the following production and sales data for the month, prepare (a) sales budget and (b)
Dobbs Manufacturing produces two products, A & B. Based on the following production and sales data for the month, prepare (a) sales budget and (b) production budget for each product. Estimated inventory (units), June 1 Desired inventory (units), June 30 Expected sales volume (units) Unit sales price 4,950 4,000 8,250 %80 2,475 2,500 5,550 $125 Dobbs Manufacturing uses flexible budgets. Prepare a flexible operating expenses budget for July of the current year for sales volumes of $225,000 and $250,000, and $275,000, based upon the following data 10% of sales $11,000 for $200,000 of sales $12,320 for $250,000 of sales $13,500 for $275,000 of sales $1,000+ 1% of sales $10,000 Sales Commissions Advertising expense Miscellaneous selling expense Office salaries Office supplies expense Miscellaneous general expense of 1% of sales $825 of 1% of sales
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