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Thank you Kyler Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year show
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Kyler Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year show the estimated unit sales of the planters each month to be as follows: (Click the icon to view additional information.) Inventory at the start of the year was 900 planters. The desired inventory of planters at the end of each month should be equal to 25% of the following month's budgeted sales. Each planter requires three pounds of polypropylene (a type of plastic). The company wants to have 20% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.10 per pound. Read the requirements. Requirement 1. Prepare a production budget for each month in the first quarter of the year, including production in units for each month and for the quarter. Kyler Manufacturing Production Budget For the Months of January through March Data Table March Quarter January 3,600 February 3,400 Unit sales 3,200 10,200 Number of planters to be sold 3,600 850 800 800 Plus: Desired ending inventory January 4500 Total needed 4250 4000 11000 February 3,400 900 900 900 850 March 3,200 Less: Beginning inventory April 4,800 3600 3,350 3150 10100 Units to produce May 4,000 Print Done Help Me Solve This Video Get More Help VerStep by Step Solution
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