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Symphony Electronics produces wireless speakers for outdoor use on patios, decks, etc. Thelr most popular model is the All WeatherBudgetIng Project: Chapter 9 ( i

Symphony Electronics produces wireless speakers for outdoor use on patios, decks, etc. Thelr most popular model is the All WeatherBudgetIng Project: Chapter 9(i)
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NextPrepare a direct materlals purchases budget showing the quantity of XL 12 components to be purchased for April, May and June
and for the quarter in total.
and requires four separate XL12 components per unit. The company is now planning raw materlal needs for the second quarter. Sales
of the All Weather are the highest in the second quarter of each year as customers prepare for the summer season. The company has
the following inventory requirements:
a. The finished goods Inventory on hand at the end of each month must be equal to 16,500 units plus 10% of the next month's sales.
The finished goods Inventory on March 31 is budgeted to be 25,000 units.
b. The raw materlals inventory on hand at the end of each month must be equal to 20% of the following month's production needs for
raw materlals. The raw materlals inventory on March 31 for XL 12 is budgeted to be 98,500 components.
c. The company maintains no work in process inventories.
A sales budget for the All Weather speaker is as follows:
Required:
Prepare a production budget for the All Weather for Aprll, May, June and July.
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