Question
or Unit sales Plus: Desired ending inventory Total needed Production Budget For the Months of January through March January February 3,500 340 3,400 360 3,840
or Unit sales Plus: Desired ending inventory Total needed Production Budget For the Months of January through March January February 3,500 340 3,400 360 3,840 350 3,490 Units to be produced Multiply by: Quantity of direct materials needed per unit Quantity needed for production Plus: Total quantity needed Ask my instructor Desired ending inventory of direct materials 3,760 340 3,420 March 3,600 400 4,000 360 3,640
Less: Beginning inventory Units to produce Requirement 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter Start by preparing the direct materials budget through the total quantity needed, then complete the budget. Austen Manufacturing Direct Materials Budget For the Months of January through March Quarter 10,500 400 10,900 350 10,550 January February March the year, including the pounds of polypropylene required and the total cost of the polypropylene to be purchased. Quarter Clear all 4 Check
Additional information Inventory at the start of the year was 350 planters. The desired inventory of planters at the end of each month should be equal to 10% of the following month's budgeted sales. Each planter requires two 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 $0.25 per pound. Clewadditionalintormation Readihe 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: Austen Manufacturing Start by preparing the direct materials budget through the total quantity needed, then complete the budgel. Start by preparing the direct materials budget through the total quantity needed, then complete the budget. Additional information Inventory at the start of the year was 350 planters. The desired inventory of planters at the end of each month should be equal to 10% of the following month's budgeted sales. Each planter requires two 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 $0.25 per pound
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