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

Quarter

1

2

Six Months

select an opening production budget item Desired Ending Direct MaterialsTotal Required UnitsDirect Materials Per UnitExpected Unit SalesDesired Ending Finished Goods InventoryRequired Production UnitsDirect Materials PurchasesTotal Materials RequiredBeginning Finished Goods InventoryBeginning Direct Materials

enter a number of units

enter a number of units

select between addition and deduction AddLess: select a production budget item Direct Materials PurchasesDesired Ending Finished Goods InventoryExpected Unit SalesBeginning Direct MaterialsRequired Production UnitsDesired Ending Direct MaterialsDirect Materials Per UnitTotal Materials RequiredBeginning Finished Goods InventoryTotal Required Units

enter a number of units enter a number of units

select a summarizing line for the first part Desired Ending Finished Goods InventoryBeginning Direct MaterialsTotal Required UnitsBeginning Finished Goods InventoryExpected Unit SalesDirect Materials PurchasesTotal Materials RequiredDesired Ending Direct MaterialsRequired Production UnitsDirect Materials Per Unit

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 Required Production UnitsTotal Required UnitsBeginning Finished Goods InventoryTotal Materials RequiredDirect Materials PurchasesDesired Ending Finished Goods InventoryBeginning Direct MaterialsDirect Materials Per UnitDesired Ending Direct MaterialsExpected Unit Sales

enter a number of units enter a number of units

select a closing production budget item Required Production UnitsDirect Materials PurchasesBeginning Finished Goods InventoryTotal Required UnitsTotal Materials RequiredDirect Materials Per UnitDesired Ending Finished Goods InventoryExpected Unit SalesDesired Ending Direct MaterialsBeginning Direct Materials

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

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