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Question 1 Bramble Furniture builds high-end hand-made dining tables. Attacus Simmons, the company's owner, has developed the following sales forecast for 2018 1st Quarter 2,595
Question 1 Bramble Furniture builds high-end hand-made dining tables. Attacus Simmons, the company's owner, has developed the following sales forecast for 2018 1st Quarter 2,595 2nd Quarter 2,779 3rd Quarter 2,998 4th Quarter 2,200 Forecasted sales (tables) Because of the time needed to create each table, Bramble maintains an ending Finished Goods Inventory of 20% of the following quarter's budgeted sales. Bramble has been following this inventory policy for several years. The company ended 2017 with 519 tables on hand The standard cost card for a table is as follows: Standard Quantity 25 board feet 3 squares 12 DLH 12 DLH 12 DLH Standard Price Total Standard Cost American cherry wood American cherry turning square (legs) Direct labor Variable overhead Fixed overhead $5/board foot $9/square $18/DLH $53/DLH $8/DLH $125 27 216 636 96 $1,100 Prepare Bramble's production budget for 2018. Assume that the desired ending inventory for 2018 is 543 tables. (Round answers to O decimal places, e.g. 5,275. Production Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Annual
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