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Paige Company estimates that unit sales will be 11,000 in quarter 1, 12,800 in quarter 2, 15,000 in quarter 3, and 18,900 in quarter 4.

Paige Company estimates that unit sales will be 11,000 in quarter 1, 12,800 in quarter 2, 15,000 in quarter 3, and 18,900 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 period

June 30, 2020For the Six Months Ending June 30, 2020For the Quarter Ending June 30, 2020

Quarter

1

2

Six Months

select an opening production budget item

Required Production UnitsTotal Materials RequiredBeginning Direct MaterialsTotal Required UnitsBeginning Finished Goods InventoryExpected Unit SalesDesired Ending Finished Goods InventoryDesired Ending Direct MaterialsDirect Materials Per UnitDirect Materials Purchases

enter a number of units

enter a number of units

select between addition and deduction

AddLess

: select a production budget item

Total Materials RequiredTotal Required UnitsBeginning Finished Goods InventoryDirect Materials PurchasesDirect Materials Per UnitBeginning Direct MaterialsRequired Production UnitsDesired Ending Finished Goods InventoryDesired Ending Direct MaterialsExpected Unit Sales

enter a number of units

enter a number of units

select a summarizing line for the first part

Desired Ending Finished Goods InventoryExpected Unit SalesRequired Production UnitsTotal Materials RequiredBeginning Finished Goods InventoryDirect Materials Per UnitBeginning Direct MaterialsDesired Ending Direct MaterialsDirect Materials PurchasesTotal 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 deduction

AddLess

: select a production budget item

Beginning Finished Goods InventoryTotal Materials RequiredBeginning Direct MaterialsDesired Ending Direct MaterialsTotal Required UnitsDesired Ending Finished Goods InventoryDirect Materials Per UnitDirect Materials PurchasesExpected Unit SalesRequired Production Units

enter a number of units

enter a number of units

select a closing production budget item

Direct Materials Per UnitExpected Unit SalesBeginning Direct MaterialsRequired Production UnitsDirect Materials PurchasesDesired Ending Direct MaterialsTotal Materials RequiredTotal Required UnitsBeginning Finished Goods InventoryDesired Ending Finished Goods Inventory

enter a total number of units

enter a total number of units

enter a total number of units

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