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.

b. Prepare a monthly summary of cash payments for January through June. Volt produced 700 units in December.

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.

b. Prepare a monthly summary of cash payments for January through June. Volt produced 700 units in December.