Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I have no idea what to put in the red boxes I got wrong. Can someone please help? I will like if correct. Thank you

I have no idea what to put in the red boxes I got wrong. Can someone please help? I will like if correct. Thank you

image text in transcribed

Exercise 10-6 Your answer is partially correct. Try again. Oak produces a vitamin-enhanced dog food that is sold in Kansas. The company expects sales to be 13,900 bags in January, 14,400 bags in February, 11,700 bags in March, and 14,000 bags in April. There are 1,290 bags on hand at the start of January. Oak desires to maintain monthly ending inventory equal to 15 percent of next month's expected sales. Prepare the production budget for Oak for the months of January, February, and March. Oak Production Budget For the months of January, February, and March January February March Quarter T Unit sales - 13900 T 14400 T 11700 40000 Desired ending inventory of finished units IT 2160 1755 1 2100 6015 Total needed 2 1 6060 1 6155 13800 46015 | Beginning inventory of finished units IT 1290 5205 Units to be produced I 1 4770 1 3995 1 2045 I 40810 Click if you would like to Show Work for this question: Open Show Work

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Fundamentals In A South African Context

Authors: Gerrit Penning, Rika Butler, Pieter Von Wielligh, Frans Prinsloo

2nd Edition

0190749040, 978-0190749040

More Books

Students also viewed these Accounting questions

Question

4. Does cultural aptitude impact ones emotional intelligence?

Answered: 1 week ago