Question
Joshua Hill, Sunland & Hill Fabricators' production manager, has just received the company's sales budget for the first quarter. January February March April May June
Joshua Hill, Sunland & Hill Fabricators' production manager, has just received the company's sales budget for the first quarter.
January | February | March | April | May | June | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
13,000 | 25,350 | 22,750 | 18,850 | 23,000 | 20,000 |
Company policy requires an ending finished goods inventory each month that will meet 13% of the following month's sales volume. Joshua plans to have 3,640 finished bricks at a cost of $31,850 in inventory at the beginning of the year. Prepare Sunland & Hill's production budget for the first quarter. (Round answers to 0 decimal places, e.g. 5,275.)
January | February | March | Quarter | |||||||
---|---|---|---|---|---|---|---|---|---|---|
Select an opening production budget itemSelect an opening production budget item Budgeted ending inventoryTotal units requiredBudgeted unit salesBeginning inventoryBudgeted production | Enter a number of unitsEnter a number of units | Enter a number of unitsEnter a number of units | Enter a number of unitsEnter a number of units | Enter a number of unitsEnter a number of units | ||||||
Select a production budget itemSelect a production budget item Beginning inventoryTotal units requiredBudgeted unit salesBudgeted ending inventoryBudgeted production | Enter a number of unitsEnter a number of units | Enter a number of unitsEnter a number of units | Enter a number of unitsEnter a number of units | Enter a number of unitsEnter a number of units | ||||||
Select a summarizing line for the first partSelect a summarizing line for the first part Beginning inventoryBudgeted unit salesBudgeted productionBudgeted ending inventoryTotal units required | Enter a total number of units for the first partEnter a total number of units for the first part | Enter a total number of units for the first partEnter a total number of units for the first part | Enter a total number of units for the first partEnter a total number of units for the first part | Enter a total number of units for the first partEnter a total number of units for the first part | ||||||
Select a production budget itemSelect a production budget item Budgeted unit salesBudgeted productionBeginning inventoryTotal units requiredBudgeted ending inventory | Enter a number of unitsEnter a number of units | Enter a number of unitsEnter a number of units | Enter a number of unitsEnter a number of units | Enter a number of unitsEnter a number of units | ||||||
Select a closing production budget itemSelect a closing production budget item Budgeted productionBudgeted ending inventoryBudgeted unit salesTotal units requiredBeginning inventory | Enter a total amout of units for the production budgetEnter a total amout of units for the production budget | Enter a total amout of units for the production budgetEnter a total amout of units for the production budget | Enter a total amout of units for the production budgetEnter a total amout of units for the production budget | Enter a total amout of units for the production budgetEnter a total amout of units for the production budget |
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