The Volt Battery Company has forecast its sales in units as follows:

January	900		May	1,450
February	750		June	1,600
March	700		July	1,300
April	1,200

Volt Battery always keeps an ending inventory equal to 110% of the next months expected sales. The ending inventory for December (Januarys beginning inventory) is 990 units, which is consistent with this policy.

Materials cost $10 per unit and are paid for in the month after purchase. Labor cost is $3 per unit and is paid in the month the cost is incurred. Overhead costs are $6,500 per month. Interest of $8,100 is scheduled to be paid in March, and employee bonuses of $13,300 will be paid in June.

a.	Prepare a monthly production schedule for January through June. (Subtracted amounts should be indicated by a minus sign.) Need help with Begginning Inventory and Units to be prduced.

Volt Battery Company Production Schedule

January

February

March

April

May

June

July

Projected unit sales

Desired ending inventory

Total units required

Beginning inventory

Units to be produced

b.	Prepare a monthly summary of cash payments for January through June. Volt produced 700 units in December. Need help with: Material cost, Interest, Employee bonuses and Total cash payments

Summary Of Cash Payments
	December	January	February	March	April	May	June
Units produced
Payments:
Material cost		$	$	$	$	$	$
Labor cost
Overhead cost
Interest
Employee bonuses
Total cash payments		$	$	$	$	$	$