prepare production budget for quarter 1:

prepare budget with correct numbers:

Tamarisk Company is well known for its high-quality men's shoes. It manufactures all of its products in regional facilities throughout North America, trying to source DM locally when possible. Managers in the production area of one of its plants are beginning to work on next year's first-quarter budgets to ensure they'll have the necessary resources available. Sales are expected to be steady, with 3,700 pairs of shoes (one pair is one unit) budgeted in January. February and March have anticipated sales volume of 3,800 units each, while April will be down slightly to 3,600 units. In order to prevent stock-outs, Tamarisk's policy requires 15% of the following month's sales be held in ending inventory for all of its shoes. This policy is expected to be met on December 31 of this year. Additional DL and MOH information is as follows. Prepare Tamarisk's production budget for quarter 1 for this tadility. Kinybird Yowei Compary completely stocked out of its cotton yarn for making towelsin April (laut monthy So manapement is tarting over, trying to bulld ug an inventory of yarn while ensuring there is nnough yarn on hand for the production group to catch up with orders. Phylis is responsible for putting all operating budgets together to estinate operating income for Moy Here his the informat ian she has Budgeted Fixed MOH costs $6,300 total (including $500 of depreciation) Budgeted variable SG\&A costs $0.40 per unit sold Budgeted fixed SG\&A costs $6,300 total (including $750 of depreciation) (a1) Your answer is correct. Prepare the sales budget for Kingbird Towel for the month of May. (a2) Your answer is correct. Prepare the production budget for Kingbird Towel for the month of May. Budgeted Units to be Produced Quantity of DM per Unit (Yards) Total Production Needs (Yards) Add v: Target Ending DM inventory (Yards) Total DM Inventory Needs (Yards) Less v: Beginning DM inventory (Yards) Budgeted DM Quantity to be Purchased (Yards) 154740 DM Cost per Yard Total Budgeted Cost of DM Purchases