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The Ace Battery Company has forecast its sales in units as follows : January FebruaryMarchApril 2 , 4 0 0 May 2 , 2 5

The Ace Battery Company has forecast its sales in units as follows : January FebruaryMarchApril 2,400 May 2,250 June 2,200 July 2,7002,9503,1002,800 Ace always keeps an ending inventory equal to 140 percent of the next month's expected sales . The ending inventory for December ( January's beginning inventory ) is 3,360 units , which is consistent with this policy Materials cost $ 13 per unit and are paid for in the month after production . Labour cost is $ 6 per unit and is paid in the month the cost is incurred . Overhead costs are $ 14,000 per month Interest of $ 9,600 is scheduled to be paid in March , and employee bonuses of $ 14,800 will be paid in June . Prepare a monthly production schedule for January through June .( Enter all values as positive value .) Ace Battery Company Production Schedule February March May April June July January Forecasted unit sales Desired ending inventory Beginning inventory Units to be produced b . Prepare a monthly summary of cash payments for January through June . Ace produced 2,200 units in December Ace Battery Company Summary of Cash payments February March June April May December January Units produced Material cost Labour cost Overhead cost Interest Nex

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