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Wright Lighting Fixtures forecasts its sales in units for the next four months as follows: table [ [ March , 1 3 , 0

Wright Lighting Fixtures forecasts its sales in units for the next four months as follows:
\table[[March,13,000],[April,15,000],[May,12,500],[June,11,000]]
Wright maintains an ending inventory for each month in the amount of one and one-half times the expected sales in the following month. The ending inventory for February (March's beginning inventory) reflects this policy. Materials cost $5 per unit and are paid for in the month after production. Labor cost is $9 per unit and is paid for in the month incurred. Fixed overhead is $15,500 per month. Dividends of $20,700 are to be paid in May. The firm produced 12,000 units in February.
Complete a production schedule and a summary of cash payments for March, April, and May. Remember that production in any one month is equal to sales plus desired ending inventory minus beginning inventory.
Note: Input all amounts as positlve values except Beginning Inventory values under Productlon Schedule which should be entered with a minus sign. Leave no cells blank be certaln to enter o wherever required.
\table[[Wright Lighting Fixtures,],[Production Schedule,,],[,March,April,May,June],[Projected unit sales,,,,],[Desired ending inventory,,,,],[Total units required,,,,],[Beginning inventory,,,,],[Units to be produced,,,,]]
\table[[Cash Payments,,,,],[,February,March,April,May],[Units produced,,,,],[Material cost,,,,],[Labor cost,,,,],[Fixed overhead,,,,],[Dividends,,,,],[Total cash payments,,,,]]
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