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This problem is a continuation of Problem 3 . Assume you ramp up production to 1 , 0 0 0 units per month in April,
This problem is a continuation of Problem Assume you ramp up production to units per month in April, May, and June. Sales are expected to be units in April and units in each of May and June. Repeat the calculations requested in Problem for the second quarter of the year April May, and Junei Calculate the dollar amount of sales revenue expected in each month ie April, May, and June and for the second quarter of the year. ii Prepare a cost of production schedule for April, May, and June. iii. Prepare a cost of goods sold schedule for each of the three months and for the second quarter of the year. Using your cost of goods sold estimates and the sales revenues expected in Part A calculate the gross earnings for April, May, and June, as well as for the second quarter of the year. iv Prepare an inventories schedule for April, May, and June.
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