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Paige Company estimates that unit sales will be 10,900 in quarter 1, 12,200 in quarter 2, 14,200 in quarter 3, and 18,200 in quarter 4.

Paige Company estimates that unit sales will be 10,900 in quarter 1, 12,200 in quarter 2, 14,200 in quarter 3, and 18,200 in quarter 4. Management desires to have an ending finished goods inventory equal to 25% of the next quarters expected unit sales. Prepare a production budget by quarters for the first 6 months of 2020.

PAIGE COMPANY Production Budget choose the accounting periodFor the Quarter Ending June 30, 2020For the Six Months Ending June 30, 2020June 30, 2020 For the Six Months Ending June 30, 2020June 30, 2020For the Quarter Ending June 30, 2020

Quarter

1

2

Six Months

select an opening production budget itemExpected Unit SalesDirect Materials Per UnitTotal Required UnitsTotal Materials RequiredDirect Materials PurchasesDesired Ending Direct MaterialsBeginning Direct MaterialsDesired Ending Finished Goods InventoryRequired Production UnitsBeginning Finished Goods Inventory Beginning Finished Goods InventoryBeginning Direct MaterialsDesired Ending Direct MaterialsDesired Ending Finished Goods InventoryDirect Materials Per UnitDirect Materials PurchasesExpected Unit SalesRequired Production UnitsTotal Materials RequiredTotal Required Units

enter a number of units

enter a number of units

select between addition and deductionAddLess AddLess: select a production budget item Beginning Finished Goods InventoryTotal Materials RequiredRequired Production UnitsDirect Materials Per UnitExpected Unit SalesDesired Ending Direct MaterialsBeginning Direct MaterialsDesired Ending Finished Goods InventoryDirect Materials PurchasesTotal Required Units Beginning Finished Goods InventoryBeginning Direct MaterialsDesired Ending Direct MaterialsDesired Ending Finished Goods InventoryDirect Materials Per UnitDirect Materials PurchasesExpected Unit SalesRequired Production UnitsTotal Materials RequiredTotal Required Units

enter a number of units enter a number of units

select a summarizing line for the first partBeginning Finished Goods InventoryDirect Materials Per UnitDirect Materials PurchasesTotal Required UnitsRequired Production UnitsDesired Ending Finished Goods InventoryTotal Materials RequiredDesired Ending Direct MaterialsExpected Unit SalesBeginning Direct Materials Beginning Finished Goods InventoryBeginning Direct MaterialsDesired Ending Direct MaterialsDesired Ending Finished Goods InventoryDirect Materials Per UnitDirect Materials PurchasesExpected Unit SalesRequired Production UnitsTotal Materials RequiredTotal Required Units

enter a total number of units for the first part

enter a total number of units for the first part

select between addition and deductionAddLess AddLess: select a production budget item Direct Materials Per UnitTotal Materials RequiredRequired Production UnitsTotal Required UnitsDesired Ending Finished Goods InventoryBeginning Direct MaterialsDirect Materials PurchasesBeginning Finished Goods InventoryExpected Unit SalesDesired Ending Direct Materials Beginning Finished Goods InventoryBeginning Direct MaterialsDesired Ending Direct MaterialsDesired Ending Finished Goods InventoryDirect Materials Per UnitDirect Materials PurchasesExpected Unit SalesRequired Production UnitsTotal Materials RequiredTotal Required Units

enter a number of units enter a number of units

select a closing production budget itemDirect Materials PurchasesDirect Materials Per UnitDesired Ending Direct MaterialsExpected Unit SalesTotal Materials RequiredTotal Required UnitsRequired Production UnitsDesired Ending Finished Goods InventoryBeginning Finished Goods InventoryBeginning Direct Materials Beginning Finished Goods InventoryBeginning Direct MaterialsDesired Ending Direct MaterialsDesired Ending Finished Goods InventoryDirect Materials Per UnitDirect Materials PurchasesExpected Unit SalesRequired Production UnitsTotal Materials RequiredTotal Required Units

enter a total number of units enter a total number of units enter a total number of units

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