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froto made the following budget for the first several months Froto made the following budget for the first several months sales units selling price $25
froto made the following budget for the first several months
Froto made the following budget for the first several months sales units selling price $25 per unit 10000 40% collected month of sale 60% collected next month January Feburary March April Material 2 yards of material needed for each product produced $1 per yard Labor 1/2 hour per unit at $8 per hour variablecost $2 per unit fixed costs $10,000 per month Froto wants ending inventory of finished goods 10% of next month expected sales Froto wants ending inventory of materials 15% of next months needs Material is paid 1/4 in month acquired 3/4 next month labor paid 1/2 month incurred rest next month variable and fixed overhead paid in month incurred REQUIRED: A) PREPAREA PRODUCTION BUDGET IN UNITS FOR JANUARY AND FEBRUARY 8) PREPARE A MATERIAL BUDGET IN UNITS C) PREPARE A LABOR BUDGET IN DOLLARS AND HOURS D) PREPARE A CASH BUDGET FOR FOR JANUARY AND FEBRUARY FOR JANUARY AND FEBRUARY FOR JANUARY AND FEBRUARY
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