topic : budget

1. A sales budget is given below for one of the products manufactured by the Kekunci Incorporated. January 21,000 units February 36,000 units March 61,000 units April.... .41,000 units May 31,000 units June 25,000 units The inventory of finished goods at the end of each month should equal 20% of the next month's sales. However, on December 31 the finished goods inventory totaled only 4,000 units. Required Prepare a Production budget for January, February, and March and in total for the quarter (10 Marks) Budgeted sales +desired ending inventory January February March 21000 36000 61000 7200 12200 8200 Total 118000 27600 Total needed 28200 - Beginning inventory -4000 Required production 24200 Material needed per unit X3 Material t be purchased 72600 +desired ending inventory 36900 (30%) Total needed 109500 -Beginning inventory -21780 Switches to be purchase 87720 48200 -7200 41000 X3 123000 51300 69200 -12200 57000 X3 171000 35100 145600 -23400 122200 X3 366600 123300 174300 -36900 137400 206100 -51300 154800 489900 -109980 379920