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pls help me solve 7.01 with explanation i am confused thank u need to make a production budget with the info given. it is all
pls help me solve 7.01 with explanation i am confused thank u
need to make a production budget with the info given. it is all here
Keep in mind that the budget section builds on work from the previous parts, including Part l as weil as the Background information (tabs 1-4). You should continue to use the same fie with your previously submitted answers. Division N has decided to develop its budget based upon projected sales of 41,000 lamps at $51.00 per lamp. The company has requested that you prepare a master budget for the year. This budget is to be used for planning and control of operations and should be composed of: 1. Production Budget 2. Materials Budget 3. Direct Labor Budget 4. Factory Ovemead Budget 5. Seling and Administrative Budget 6. Cost of Goods Sold Budget 7. Budgeted Income Statement 8. Cash Budget Notes for Budgeting: The company wants to maintain the same number of units in the beginning and ending inventories of work-in-process, and electrical parts while increasing the figurines inventory to 600 pieces and increasing the finished goods by 22.00%. Complete the following budgets 1 Production Budge! The company wants to maintain the same number of units h the beginning and ending invontorles of workin-process, and olectrical parts while increasing the figurhes inventory to 600 pleces and increasing the finiehed goods by 22.00% Step by Step Solution
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