The Sales Department of Maximo Inc. has forecast sales for May 2013 to be 40,000 units. Additional

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The Sales Department of Maximo Inc. has forecast sales for May 2013 to be 40,000 units. Additional information follows:

Finished goods inventory, May 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,000 units

Finished goods inventory, May 31 . . . . . . . . . . . . . . . . . . . . . . . . . . 6,000 units

Materials used in production:


The Sales Department of Maximo Inc. has forecast sales for


Direct labor hours required in production:

The Sales Department of Maximo Inc. has forecast sales for


Prepare the following:
a. A production budget for May.
b. A direct materials budget for May.
c. A direct labor budget forMay.

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Principles of Cost Accounting

ISBN: 978-1133187868

16th edition

Authors: Edward J. Vanderbeck

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