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Please solve correctly, thanks! The company would also like to maintain an ending stack pf finished birdfeeders egual to 20% of the next month's sales.
Please solve correctly, thanks!
The company would also like to maintain an ending stack pf finished birdfeeders egual to 20% of the next month's sales. Sales data for the company is as folows: (Click the icon to view the sales dala.) Feeders Plus makes backyard birdfoeders. The company sells the birdfeeders to home improvement stores for $20 per birdfeeder. Each birdfeeder requires 2.0 board feet of wood, which the company obtains at a cost of S3 per board foot. The company would like to maintain an ending stock of wood equal to 15% of the next month's production requiremants. (Click the icon to view additional data.) Rnad the mauirements Requirement 1. Prepare the sales budget for the first three months of the year, as well as a summary budget for the quarter, including a separate section that details the type of sales made (cash versus credit.) Feeders Plus Sales Budget For the Quarter Ended March 31 O Data Table Month Quarter January February March Units Unit sales October actual sales (prior year) a6,000 Multiply by: Sales price per unit November actual sales (prior ynar) a6,000 Total sales revenue Deoember actual sales (prior year) 81,000 January projected sales 83,000 Cash sales February projected saies 85,000 Credit sales March projected sales 92,000 Total sales revenue April projected aales 100,000 Requirement 2. Prepare the production budget for the first three months of the year, as well as a summary budget for the quarter. Print Done Feeders Plus Production Budget Enter any number in the edit fields and then continue to the next question. The company would also like to maintain an ending stack pf finished birdfeeders egual to 20% of the next month's sales. Sales data for the company is as folows: (Click the icon to view the sales dala.) Feeders Plus makes backyard birdfoeders. The company sells the birdfeeders to home improvement stores for $20 per birdfeeder. Each birdfeeder requires 2.0 board feet of wood, which the company obtains at a cost of S3 per board foot. The company would like to maintain an ending stock of wood equal to 15% of the next month's production requiremants. (Click the icon to view additional data.) Rnad the mauirements Requirement 1. Prepare the sales budget for the first three months of the year, as well as a summary budget for the quarter, including a separate section that details the type of sales made (cash versus credit.) Feeders Plus Sales Budget For the Quarter Ended March 31 O Data Table Month Quarter January February March Units Unit sales October actual sales (prior year) a6,000 Multiply by: Sales price per unit November actual sales (prior ynar) a6,000 Total sales revenue Deoember actual sales (prior year) 81,000 January projected sales 83,000 Cash sales February projected saies 85,000 Credit sales March projected sales 92,000 Total sales revenue April projected aales 100,000 Requirement 2. Prepare the production budget for the first three months of the year, as well as a summary budget for the quarter. Print Done Feeders Plus Production Budget Enter any number in the edit fields and then continue to the nextStep by Step Solution
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