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The Boswell Corporation forecasts its sales in units for the next four months as follows: March April May June 26,000 28,000 25,500 24,000 Boswell maintains
The Boswell Corporation forecasts its sales in units for the next four months as follows: March April May June 26,000 28,000 25,500 24,000 Boswell maintains an ending inventory for each month in the amount of three times the expected sales in the following month. The ending Inventory for February (March's beginning inventory) reflects this policy. Materials cost $8 per unit and are paid for in the month after production. Labour cost is $12 per unit and is paid for in the month incurred. Fixed overhead is $22,000 per month. Dividends of $22,000 are to be paid in May. Twenty five thousand units were produced in Februaty. o. Complete a production schedule for March April, and May. (Enter all values as positive value.) Boswell Corporation Droduction schedule March April May June Torecasted unit sales Desired ending inventory Beginning inventory Units to be produced b. Complete a summary of cash payments for March April, and May Doll Corporation Cash Payne Februar March Mav
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