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Gable Foods produces specialty soup sold in jars. The projected sales in dollars and jars for each quarter of the upcoming year are as follows:
Gable Foods produces specialty soup sold in jars. The projected sales in dollars and jars for each quarter of the upcoming year are as follows: Gable anticipates selling 227,000 jars with total sales revenue of $264,000 in the first quarter of the year following the year given in the table to the left. Gable has a policy that the ending inventory of jars must be 25% of the following quarter's sales. Prepare a production budget for the year that shows the number of jars to be produced each quarter and for the year in total 1st quarter ..... 2nd quarter ... 3rd quarter 4th quarter Total sales revenue Number of jars sold $187,000 152,500 $216,000 183,500 $ 259,000 212.500 $ 199,000 161.000 Prepare the production budget by first calculating the total units needed, then calculate the units to produce. Production Budget For the Upcoming Year Quarter 1 Quarter 2 Quarter 3 Quarter 4 Year Unit sales Desired ending inventory Total needed Less: Beginning inventory Units to produce Fotora umbor in the edit field and then continue to the not action
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