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Mont Vert Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first months of the upcoming year show the estimated
Mont Vert Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first months of the upcoming year show the estimated unit sales of the planters each month to be as follows: (Click the icon to view additional information.) Inventory at the start of the year was 900 planters and 705 kg of polypropeylene (a type of plastic). The desired inventory of planters at the end of each month should be equal to 25% of the following month's budgeted sales. Each planter requires 2 kg of polypropylene. The company wants to have 10% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.20 per kilogram. Requirements Requirement 1. Prepare a production budget for each month in the first quarter of the year, including production in units for each month and for the quarter. (Use parentheses or a minus sign for negative beginning inventory balances. Round all answers up to the nearest number.) X Mont Vert Manufacturing Production Budget For the Months of January through March January Febr 1 Data Table March Quarter Unit sales Plus: Desired ending inventory Number of planters to be sold 3,600 3,300 3,100 January February March Total needed Less: Beginning inventory Units to produce April 4,700 May 4,900 Print Done
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