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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: Total sales Number of jars revenue sold Gable anticipates selling 226,000 jars with total sales revenue of $264,000 in the first quarter of the year following the year given in the preceding table. Gable has a policy that the ending inventory of jars must be 20% of the following quarter's sales. Requirement Prepare a production budget for the year that shows the number of jars to be produced each quarter and for the year in total. 185.000 152,000 1st quarter ... $ 2nd quarter $ 3rd quarter ... $ 181,000 219,000 254,000 211,000 4th quarter. $ 199,000 160,500 Prepare the production budget by first calculating the total units needed, then calculate the units to produce. Gable Foods Production Budget For the Quarters in the upcoming Year Quarter 1 Quarter 2 Quarter 3 Quarter 4 Year Unit sales Plus: Desired ending inventory Total needed Enter any number in the edit fields and then click Check
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