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Pets Plus, Inc. produces otic fluid for dogs. The otic fluid is sold in 1 2 - ounce plastic bottles. The sales budget for the
Pets Plus, Inc. produces otic fluid for dogs. The otic fluid is sold in ounce plastic bottles. The sales budget for the first four months of the year is as follows:
tableUnit SalesJanuaryFebruaryMarchApril
Company policy requires that ending inventories for each month be of next month's sales. At the beginning of January, the inventory of otic fluid is bottles.
Each bottle of otic fluid needs two raw materials: eight ounces of a mix of salicylic acid and water and one plastic bottle. Company policy requires that ending inventories of raw materials for each month be of the next month's production needs. That policy was met on January
Prepare a production budget for the first quarter of the year. Show the number of bottles that should be produced each month as well as for the quarter in total.
Pets Plus, Inc.
Production Budget
For the First Quarter of the Year
tableLine Item Description,January,February,March,TotalSalesDesired ending inventory,,,,Total needs,,,,Less: Beginning inventory,Units produced,,,,
Prepare a direct materials purchases budget for bottles for the months of January and February. Round all calculations to the nearest whole number.
Pet Plus, Inc.
Direct Materials Purchases Budget for Bottles
For January and February
tableLine Item Description January February TotalProductionBottlesBottles for productionDesired ending inventoryTotal needsLess: Beginning inventoryBottles purchased
Prepare a direct materials purchases budget for salicylic acid and water mixture for the months of January and February. Round all calculations to the nearest whole number.
Pet Plus, Inc.
Direct Materials Purchases Budget for Fluid mixture
For January and February
tableLine Item Description,January,February,TotalProductionOunces
Next
Prepare a direct materials purchases budget for salicylic acid and water mixture for the months of January and February. Round all calculations to the nearest whole number.
Pet Plus, Inc.
Direct Materials Purchases Budget for Fluid mixture
For January and February
tableLine Item Description,January February,Total,ProductionOuncesOunces for production,,,Desired ending inventory,,,Total needs,,,Less: Beginning inventory,,,Ounces purchased,,,
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