Question
Michael Jones, Concord & Jones Fabricators' production manager, has just received the company's sales budget for the first quarter. January February March April May June
Michael Jones, Concord & Jones Fabricators' production manager, has just received the company's sales budget for the first quarter.
January | February | March | April | May | June | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
21,000 | 29,000 | 32,000 | 33,000 | 22,000 | 34,000 |
Company policy requires an ending finished goods inventory each month that will meet 30% of the following month's sales volume. Michael plans to have 2,400 finished bricks at a cost of $49,280 in inventory at the beginning of the year. Prepare Concord & Jones's production budget for the first quarter.
January | February | March | Quarter | |||||||
---|---|---|---|---|---|---|---|---|---|---|
select an opening production budget item Budgeted ending inventoryTotal units requiredBeginning inventoryBudgeted unit salesBudgeted production | enter a number of units | enter a number of units | enter a number of units | enter a number of units | ||||||
select a production budget item Budgeted productionTotal units requiredBudgeted ending inventoryBudgeted unit salesBeginning inventory | enter a number of units | enter a number of units | enter a number of units | enter a number of units | ||||||
select a summarizing line for the first part Beginning inventoryBudgeted ending inventoryTotal units requiredBudgeted productionBudgeted unit sales | enter a total number of units for the first part | enter a total number of units for the first part | enter a total number of units for the first part | enter a total number of units for the first part | ||||||
select a production budget item Beginning inventoryBudgeted unit salesBudgeted ending inventoryTotal units requiredBudgeted production | enter a number of units | enter a number of units | enter a number of units | enter a number of units | ||||||
select a closing production budget item Budgeted ending inventoryBeginning inventoryTotal units requiredBudgeted productionBudgeted unit sales | enter a total number of units | enter a total number of units | enter a total number of units | enter a total number of units |
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