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Question 2: Production Budget (5 marks) 2 Fair Score Company manufactures scoreboards for athletic events. The following information has been provided for the upcoming budget
Question 2: Production Budget (5 marks) 2 Fair Score Company manufactures scoreboards for athletic events. The following information has been provided for the upcoming budget period, the year 2023. Units 3,000 Expected sales 6 Finished goods inventory, beginning 500 Finished goods, target ending inventory 1,000 8 9 Per scoreboard: 10 Selling price 1,500 11 Direct materials 200 12 Direct labor 100 13 Manufacturing overhead 70 14 15 Cost of beginning inventory: 16 Direct materials 17 150,000 Finished goods 18 2,000,000 19 Required: Create a production budget for the year. Show all amounts as positive numbers. (5 marks) 20 21 22 23 24 END OF
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