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On January 1 , 2 0 2 3 , the Pharoah Company budget committee reached agreement on the following data for the six months ending
On January the Pharoah Company budget committee reached agreement on the following data for the six months ending June :
Sales units: First quarter ; second quarter ; third quarter
Ending raw materials inventory: of the next quarter's production requirements
Ending finished goods inventory: of the next quarter's expected sales units
Thirdquarter production: units
The ending raw materials and finished goods inventories at December had the same percentages for production and sales that are budgeted for kilograms of raw materials are needed to make each unit of finished goods. Raw materials purchased are expected to cost $ per kilogram.
Prepare a production budget by quarters for the sixmonth period ended June
PHAROAH COMPANY
Production Budget
For the Six Months Ending June
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