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Cleary Foods produces speciality soup sold in jars. The projected sales in dollars and jars for each quarter of the upcoming year are as
Cleary Foods produces speciality soup sold in jars. The projected sales in dollars and jars for each quarter of the upcoming year are as follows: Total sales revenue 1st quarter....$ 181,000 2nd quarter... S 219,000 3rd quarter... S 254,000 4th quarter S 199,000 Unt sales Plus Desired ending inventory Total needed Number of jars sold Less Beginning inventory Units to produce 150,000 184,500 212,000 161,500 CITE Prepare the production budget by first calculating the total units needed, then calculate the units to produce Cleary Foods Production Budget For the Quarters in the Upcoming Year Quarter 1 Quarter 2 Quarter 3 Quarter 4 Cleary, anticipates selling 224,000 jars with total sales revenue of $262,000 in the first t quarter of the year following the year given in the preceding table. Cleary has a policy that the ending inventory of jars must be 20% of the following quarter's sales Year Requirement Prepare a production budget for the year that shows the number of jars to be produced each quarter at r and for t or the year in total.
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