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Tool Time manufactures sledge hammers. Each hammer requires 3 pounds of metal for the head and 4 linear feet of lumber for the handle.
Tool Time manufactures sledge hammers. Each hammer requires 3 pounds of metal for the head and 4 linear feet of lumber for the handle. There is currently 145 pounds of metal, 490 linear feet of lumber and 105 finished sledge hammers in inventory. Metal sells for $6.00 per pound and lumber sell for $1.50 per linear foot. For the upcoming month of April, 2021, Tool Time plans to sell 528 sledge hammers. At the end of the month, Tool Time would like to have 97 pounds of metal, 294 linear feet of lumber and 53 sledge hammers in inventory. Create the production and purchases budget for the month of April. Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. Use the negative sign for any values that must be subtracted. Tool Time Production Budget For the Month of April, 2021 Hammer Budgeted Sales Volume Budgeted Production Units Budgeted Ending Inventory Metal per Hammer Metal Lumber Budgeted Production Units I Lumber per Hammer Budgeted Beginning Inventory Budgeted Metal to be Used (lb) Budgeted Lumber to be Used (ft) Budgeted Production Units Budgeted Metal to be Used (lb) Budgeted Lumber to be Used (ft)
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