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The second task: 1- analyze the data available to prepare the production budget report for the third quarter of 2020. 2- analyze the data available
The second task: 1- analyze the data available to prepare the production budget report for the third quarter of 2020. 2- analyze the data available to prepare the direct materials budget report for the third quarter of 2020. You have data on the number of units expected to be sold during a number of months for the same year: the month July August September October The number of units expected to be sold 16,000 units 18,000 units 15,000 units 20,000 units The following additional information has been provided to you: a- The company plans to keep a full production stock at the end of each month, equaling 20% of sales for the following month. b- The number of units of complete production stocks at the beginning of July of 2020 is 600 units, and the company does not wish to have units Under operation at the beginning or end of every month. C- One unit of production requires 4 meters of Article N, and the purchase price of one meter of that material is estimated at 5 dinars / meter d- The company plans to keep the last-term stock of substance N at the end of each month equaling 30% of the total needs of that material In the following month, the first stock for the month of July is 880 meters from Article N
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