Production Budget Assume that Stillwater Designs produces two automotive subwoofers: S12L7 and S12L5. The S12L7 sells for $475, and the S12L5 sells for $300. Projected
Production Budget
Assume that Stillwater Designs produces two automotive subwoofers: S12L7 and S12L5. The S12L7 sells for $475, and the S12L5 sells for $300. Projected sales (number of speakers) for the coming five quarters are as follows:
S12L7S12L5First quarter, 20Y19601,560Second quarter, 20Y12,6401,680Third quarter, 20Y16,7206,360Fourth quarter, 20Y15,5204,680First quarter, 20Y21,0801,440
The vice president of sales believes that the projected sales are realistic and can be achieved by the company.
Stillwater Designs needs a production budget for each product (representing the amount that must be outsourced to manufacturers located in Asia). Beginning inventory of S12L7 for the first quarter of 20Y1 was 340 boxes. The company's policy is to have 20% of the next quarter's sales of S12L7 in ending inventory. Beginning inventory of S12L5 was 170 boxes. The company's policy is to have 30% of the next quarter's sales of S12L5 in ending inventory.
Required:
make a production budget for each quarter for 20Y1 and for the year in total.
Safari File Edit View History Bookmarks Window Help 75% . Sun 7:06 PM QO > . . . G DJ > v2.cengagenow.com le of Cash Colle Ch 9 HW eBook Calculator TANCY * C AL.docx 1. BE.09.39B Production Budget 2. BE.09.41B Assume that Stillwater Designs produces two automotive subwoofers: S12L7 and S12L5. The S12L7 sells for $475, and the S12L5 sells for $300. jes 3. BE.09.42B Projected sales (number of speakers) for the coming five quarters are as follows: S12L7 S12L5 4. BE.09.43B First quarter, 20Y1 960 1,560 5. EX.09.50.ALGO Second quarter, 20Y1 2,640 1,680 ies 6. EX.09.51.ALGO Third quarter, 20Y1 6,720 6,360 Fourth quarter, 20Y1 5,520 4,680 7. EX.09.52.ALGO X First quarter, 20Y2 1,080 1,440 8. EX.09.55.ALGO The vice president of sales believes that the projected sales are realistic and can be achieved by the company. ole- TPI6.xIsx Ci 9. EX.09.58.ALGO Stillwater Designs needs a production budget for each product (representing the amount that must be outsourced to manufacturers located in Asia). Beginning inventory of S12L7 for the first quarter of 20Y1 was 340 boxes. The company's policy is to have 20% of the next quarter's sales of S12L7 10. EX.09.61.ALGO in ending inventory. Beginning inventory of S12L5 was 170 boxes. The company's policy is to have 30% of the next quarter's sales of S12L5 in B I ending inventory. FIOuu Assum Required: speak S12L1 Prepare a production budget for each quarter for 20Y1 and for the year in total. The vi Stillwater Designs Stillwa Production Budget for S12L7 S12L7 Far the Vaar Endad naramhar 21 20v4 Progress: 6/10 items Check My Work Search Assignment Score: 82.04% All work saved. Email Instructor Save and Exit Submit Assignment for Grading 585 MAR 24 EO W 3 XSafari File Edit View History Bookmarks Window Help 75% . Sun 7:06 PM QO DJ > > . . . G v2.cengagenow.com le of Cash Colle Ch 9 HW TANCY * C eBook Calculator AL.docx 1. BE.09.39B Required: 2. BE.09.41B Prepare a production budget for each quarter for 20Y1 and for the year in total. 3. BE.09.42B Stillwater Designs jes Production Budget for S12L7 4. BE.09.43B For the Year Ended December 31, 20Y1 Ist Qtr 2nd Qtr. Brd Qtr. 4th Qtr Yea 5. EX.09.50.ALGO Sales 960 2,640 6,720 OZS'S 15,840 1,080 ies X Desired ending inventory 6. EX.09.51.ALGO Total needs 7. EX.09.52.ALGO X Less: Beginning inventory 340 340 8. EX.09.55.ALGO Units produced 1,080 ole- Accounting numeric field TPI6.xIsx Ci 9. EX.09.58.ALGO Feedback 10. EX.09.61.ALGO Check My Work Partially correct B I Shot FIOuu 6.03 PM Assum Prepare a production budget for each quarter for 20Y1 and for the year in total. If required, round your answers to nearest whole value. speak S12L1 Stillwater Designs The vi Production Budget for S12L5 Stillwa For the Year Ended December 31, 20Y1 S12L7 Ist Qtr. 2nd Q 3rd Qtr. 4th Qtr. Year Progress: 6/10 items Check My Work Search Assignment Score: 82.04% All work saved. Email Instructor Save and Exit Submit Assignment for Grading 585 MAR 24 EO W 3 XSafari File Edit View History Bookmarks Window Help 75% . Sun 7:06 PM QO G > > . . . v2.cengagenow.com DJ le of Cash Colle * C Ch 9 HW eBook Calculator TANCY AL.docx Partially correct 1. BE.09.39B 2. BE.09.41B Prepare a production budget for each quarter for 20Y1 and for the year in total. If required, round your answers to nearest whole value. jes 3. BE.09.42B Stillwater Designs Production Budget for S12L5 4. BE.09.43B For the Year Ended December 31, 20Y1 1st Qtr. 2nd Qtr. 3rd Qtr. 1th Qtr Year 5. EX.09.50.ALGO Sales 1,560 .680 6.360 4,680 Desired ending inventory ies 6. EX.09.51.ALGO Total needs 7. EX.09.52.ALGO X Less: Beginning inventory 170 170 8. EX.09.55.ALGO Units produced Accounting numeric field ole- TPI6.xIsx Ci 9. EX.09.58.ALGO Feedback 10. EX.09.61.ALGO Check My Work Partially correct B I Ishots FIOuu Assum Feedback speak S12L1 Check My Work The vi Partially correct Stillwa S12L7 Progress: 6/10 items Check My Work Search Assignment Score: 82.04% All work saved. Email Instructor Save and Exit Submit Assignment for Grading 585 MAR 24 EO W 3 X
