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I need help figuring out how to complete this question for my BA accounting class Cleary Manufacturing produces self-watering planters for use in upscale retail
I need help figuring out how to complete this question for my BA accounting class
Cleary Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year show the estimated unit sales of the planters each month to be as follows (Click the icon to view additional information.) Inventory at the start of the year was 775 planters. The desired inventory of planters at the end of each month should be equal to 25% of the following month's budgeted sales. Each planter requires three pounds of polypropylene a type of plastic . The company wants to have 20% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.20 per pound Read the requirements. Requirement 1. Prepare a production budget for each month in the first quarter of the year, including production in units for each month and for the quarter Cleary Manufacturing Production Budget For the Months of January through March January February March Quarter 9,300 Data Table 3,100 3,200 3,000 Unit sales Plus: Desired ending inventory Total needed Less: Beginning inventory Units to produce Number of planters to be sold 3,100 3,200 3,000 4,200 4,400 February.. ril May Print Done Enter any number in the edit fields and then click CheckStep by Step Solution
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