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Please i need these asap will give thumbs uppp! :) Messier Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the
Please i need these asap will give thumbs uppp! :)
Messier Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first months of the upcoming year show the estimated unit sales of the planters each month to be as follows: E: (Click the icon to view additional information.) Inventory at the start of the year was 330 planters and 3,936 kg of polypropeylene (a type of plastic). 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 4 kg of polypropylene. The company wants to have 30% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.30 per kilogram. 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. (Use parentheses or a minus sign for negative beginning inventory balances. Round all answers up to the nearest number.) Messier Manufacturing Production Budget For the Months of January through March January February March Quarter Unit sales Plus: Desired ending inventory Total needed Less: Beginning inventory Units to produce x Data table Number of planters to be sold January ..... 3,300 February .... 3,100 March... 3,500 April ...... 4,800 May 4,600 Print Done Requirements 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. 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, including the kilograms of polypropylene required and the total cost of the polypropylene to be purchasedStep by Step Solution
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