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On January 1, 2022, the Sheffield Company budget committee has reached agreement on the following data for the 6 months ending June 30,2022. 9,100 .

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed On January 1, 2022, the Sheffield Company budget committee has reached agreement on the following data for the 6 months ending June 30,2022. 9,100 . The ending raw materials and finished goods inventories at December 31,2021 , follow the same percentage relationships to production and sales that occur in 2022 . Three pounds of raw materials are required to make each unit of finished goods. Raw materials purchased are expected to cost $4 per pound. (a) Prepare a production budget by quarters for the 6-month period ended June 30, 2022. Sunland Company budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels are planned for the fiscal year of July 1,2021 to June 30,2022 : Three kilos of raw materials are needed to produce each unit of finished product. If Sunland Company plans to produce 600000 units during the 2021-2022 fiscal year, how many kilos of materials will the company need to purchase for its production during the period? 1806800179800018014001800000 At January 1, 2022, Bonita Industries has beginning inventory of 3500 surfooards. Bonita estimates it will sell 15000 units during the first quarter of 2022 with a 10% increase in sales each for the following quarters. Bonita's policy is to maintain an ending finished goods inventory equal to 25% of the next quarter's sales. Each surfboard costs $110 and is sold for $155. What is the budgeted sales revenue for the third quarter of 2022 ? $18150$2813250$716875$3041875 A company budgeted unit sales of 304000 units for January, 2022 and 250000 units for February 2022 . The company's policy is to have finished goods inventory of units on hand at the end of each month that is equal to 30% of next month's budgeted unit sales. If there were 91200 units of finished goods inventory on hand on December 31, 2021, how many units should be produced in January. 2022 in order for the company to meet its goals? 304000units320200units287800units379000units On January 1, 2022, the Sheffield Company budget committee has reached agreement on the following data for the 6 months ending June 30,2022. 9,100 . The ending raw materials and finished goods inventories at December 31,2021 , follow the same percentage relationships to production and sales that occur in 2022 . Three pounds of raw materials are required to make each unit of finished goods. Raw materials purchased are expected to cost $4 per pound. (a) Prepare a production budget by quarters for the 6-month period ended June 30, 2022. Sunland Company budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels are planned for the fiscal year of July 1,2021 to June 30,2022 : Three kilos of raw materials are needed to produce each unit of finished product. If Sunland Company plans to produce 600000 units during the 2021-2022 fiscal year, how many kilos of materials will the company need to purchase for its production during the period? 1806800179800018014001800000 At January 1, 2022, Bonita Industries has beginning inventory of 3500 surfooards. Bonita estimates it will sell 15000 units during the first quarter of 2022 with a 10% increase in sales each for the following quarters. Bonita's policy is to maintain an ending finished goods inventory equal to 25% of the next quarter's sales. Each surfboard costs $110 and is sold for $155. What is the budgeted sales revenue for the third quarter of 2022 ? $18150$2813250$716875$3041875 A company budgeted unit sales of 304000 units for January, 2022 and 250000 units for February 2022 . The company's policy is to have finished goods inventory of units on hand at the end of each month that is equal to 30% of next month's budgeted unit sales. If there were 91200 units of finished goods inventory on hand on December 31, 2021, how many units should be produced in January. 2022 in order for the company to meet its goals? 304000units320200units287800units379000units

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