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Texas Rex sells t-shirts. Expected sales for each quarter is 1000, 1200, 1500, and 2000 t-shirts at $10.00 each. They anticipate no price change. Texas Rex, Inc. Sales Budget For the year ending December 31, 2018 Q1 Q2 Q3 Q4 Total Units Unit Selling Price Budgeted Sales A production budget tells management how many units must be produced to satisfy anticipated sales and ending inventory needs. Assume the company requires 20% of the next quarter's sales in ending inventory and that beginning inventory of t-shirts for the first quarter of the year was 180. The Master Budget Template - Saved to my Mac View Tell me References Mailings Review Texas Rex, Inc. Production Budget For the year ending December 31, 2018 Q1 Q2 Q3 Q4 Total Sales in Units Desired Ending Inv. Total Needs Less Beginning Inv. Units to be produced I nces Mailings Review View Tell me The Direct Materials Budget tells management how much must be bought to support production and the cost of those purchases. Plain t-shirts cost $3.00 each, and ink (for the screen printing) cost $0.20 per ounce. The factory needs one plain t-shirt and five ounces of ink for each logoed t-shirt that it produces. Texas Rex's policy is to have 10% of the following quarter's needs in ending inventory. The factory has 58 plain t-shirts and 390 ounces of ink on hand on January 1. At the end of the year, the desired ending inventory is 106 plaint- shirts and 530 ounces of ink. Texas Rex, Inc. Direct Materials Budget For the year ending December 31, 2018 Plain t-shirts: Q1 Q2 Q3 Q4 Total Units to be produced Direct Materials per unit Production Needs Desired Ending Inv. Total Needs Less Beginning Inv. Direct Materials To be purchased Cost per t-shirt Total T-shirt Purchase Cost Ink: Q1 02 Q3 04 Total . Units to be produced Direct Materials per unit Production Needs Desired Ending Inv. Total Needs Focus 000 000 FO