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Exercise 10.25 a-b Tyson Chandler Company's sales budget projects unit sales of part 1987 of 10,500 units in January, 12,000 units in February, and 13,000
Exercise 10.25 a-b Tyson Chandler Company's sales budget projects unit sales of part 1987 of 10,500 units in January, 12,000 units in February, and 13,000 units in March. Each unit of part 1987 requires 2 kg of materials, which cost $2 per kilogram. Tyson Chandler Company wants its ending raw materials inventory to equal 40% of the next month's production requirements, and its ending finished goods inventory to equal 25% of the next month's expected unit sales. These goals were met at December 31, 2019. Prepare a production budget for January and February 2020. TYSON CHANDLER COMPANY Production Budget-1987 For the Two Months Ending February 29, 2020 Month Jan Feb Total Expected Unit Sales 10,500 12000 Beginning Finished Goods Inventory v LINK TO TEXT Prepare a direct materials budget for January 2020. TYSON CHANDLER COMPANY Direct Materials Budget (kgs) For the Month Ending January 31, 2020 Total $ $ LINK TO TEXT
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