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Please solve 1 and 2 or answer will get a thumbs down. Thanks E9-22A (similar to) Question Help Austen Manufacturing produces self-watering planters for use
Please solve 1 and 2 or answer will get a thumbs down. Thanks
E9-22A (similar to) Question Help Austen Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five 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 390 planters. 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 three pounds of polypropylene (a type of plastic). The company wants to have 20% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.25 per pound. Read the 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. Austen Manufacturing Production Budget For the Months of January through March January February Data Table March Quarter Unit sales Plus: Desired ending inventory Number of planters to be sold 3,900 January Total needed February ... 3,700 Less: Beginning inventory 3,100 March April Units to produce 4,500 May 4,900 Requirements Print Done 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 pounds of polypropylene required and the total cost of the polypropylene to be purchased. Clear All CheckStep by Step Solution
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