Dreymon Corp. expects to sell 1,810 units of finished product in January and 2,200 units in February. The company has 240 units on hand on January 1 and desires to have an ending inventory equal to 60% of the next months sales. March sales are expected to be 2,150 units. Prepare Dreymon Corp. production budget for January and February
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Dreymon Corp. expects to sell 1,810 units of finished product in January and 2,200 units in February. The company has 240 units on hand on January 1 and desires to have an ending inventory equal to 60% of the next months sales. March sales are expected to be 2,150 units.
Prepare Dreymon Corp. production budget for January and February.
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- Barnes Manufacturing Co. forecast October sales to be 45,000 units. Additional information follows: Finished goods inventory, October 1 5,000 units Finished goods inventory desired, October 31 4,000 units Direct labor hours required in production: Department Hours per Unit Cutting 0.25 Assembly 0.50 Direct laborers earn: Cutting, $14 per hour; Assembly, $12 per hour. Prepare the following: a. A production budget for October. b. A direct labor budget for October.Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, prepare (a) a sales budget and (b) a production budget: Estimated inventory (units), June 1 Desired inventory (units), June 30 Expected sales volume (units): Midwest Region South Region Unit sales price a. Prepare a sales budget. Product and Area Model: Rumble Midwest Region South Region Total Model: Thunder Midwest Region South Region Total Total revenue from sales Rumble 1000 100 297 341 4,350 5,400 $125 Thunder 86 75 3,850 6,100 $195 Sonic Inc. Sales Budget For the Month Ending June 30 Unit Sales Volume Unit Selling Price Total Sales 00 000 0000ome * CengageNOWv2 | Online teachin x keAssignment/takeAssignmentMain.do?invoker-&takeAssignmentSessionLocator=&inprogress=false Production Budget Pasadena Candle Inc. projected sales of 51,000 candles for January. The estimated January 1 inventory is 2,000 units, and the desired January 31 inventory is 6,000 units. Prepare a production budget report in units for Pasadena Candle Inc. For those boxes in which you must enter subtracted ar negative numbers use a minus sign. Pasadena Candle Inc. Production Budget For the Month Ending January 31 Expected units to be sold 51,000 Desired ending inventory, January 31 Total units available Estimated beginning inventory, January 1 2,000 Total units to be produced in January
- Clark Company's master budget reflects budgeted sales information for the month of June, 2022 as follows: Product A Product B Budgeted Quantity 40,000 48,000 Budgeted Unit Sales Price $7 $9 During June, the company actually sold 39,000 units of Product A at an average unit selling price of $7.1 and 49,600 units of Product B at an average unit price of $8.9. Prepare a Sales Budget Report for the month of June for Clark Company which shows whether the company achieved its planned objectives.dgeting Activity-03/25/ x + ses/115610/quizzes/1740321/take ABC Company has a policy of maintaining an inventory of finished goods equal to 25% of the following month's sales units. For the forthcoming month of June, the budgeted beginning inventory is at 20,000 units and the ending inventory at 22,000 units. The following are the budgeted sales for the months of August to October August 90,000 September 92,000 October 94,500 The sales price the finished goods per unit is P150 based on gross profit rate (on cost) of 15%. October ending inventory is estimated to be at 20% less than September's. Operating expenses were estimated as follow: Seling expense is at 2.75% of sales Salary expense is at P5,000 + 3% of sales General and Administrative Expense is at P40,000 per month Number of units available for sale for the month of July Format XXX,XXX i.e. 123,850 Question 4Requirement 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. Gable Manufacturing Production Budget For the Months of January through March January February March Quarter Unit sales 3,900 3,700 3,100 10,700 Plus: Desired ending inventory 370 310 450 450 Total needed 4,270 4,010 3,550 11,150 Less: Beginning inventory 390 370 310 390 Units to produce 3,880 3,640 3,240 10,760 Part 2 Requirement 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, including the pounds of polypropylene required and the total cost of the polypropylene to be purchased. Start by preparing the direct materials budget through the total quantity needed, then complete the budget. Gable Manufacturing Direct Materials Budget For the Months of January through March January February March Quarter Units to be produced Multiply by: Quantity of direct materials needed…
- 7. Based on the following production and sales estimates for May, prepare the sales and production budgets: Estimated beginning inventory (units), May 1 18,000 Desired ending inventory (units), May 31 21,600 Expected sales volume (units): Area W 6,000 Area X 7,000 Area Y 8,000 Unit sales price $201.2 REQUIRED Use the information provided below to prepare the Direct Materials Purchases Budget for April 2019. INFORMATION The estimated sales volumes of Product Jip of Polo Manufacturers for April and May 2019 are as follows: Units April 18 000 May 15 000 The policy of Polo Manufacturers is to maintain a finished goods closing inventory each month at a level equal to 40% of the next month's budgeted sales. Each unit of Product Jip requires 2 kg of Material A and 1 kg of Material B. The costs per kg of Material A and Material B are R10 and R20 respectively. Inventories of materials are expected to be as follows: Material A Material B Opening inventory 5 000 kg 6 000 kg Closing inventory 1 000 kg 2 000 kgSymphony Electronics produces wireless speakers for outdoor use on patios, decks, etc. Their most popular model is the All Weather and requires four separate XL12 components per unit. The company is now planning raw material needs for the second quarter. Sales of the All Weather are the highest in the second quarter of each year as customers prepare for the summer season. The company has the following inventory requirements: a. The finished goods inventory on hand at the end of each month must be equal to 15,700 units plus 10% of the next month's sales. The finished goods inventory on March 31 is budgeted to be 28,600 units. b. The raw materials inventory on hand at the end of each month must be equal to 20% of the following month's production needs for raw materials. The raw materials inventory on March 31 for XL 12 is budgeted to be 97,600 components. c. The company maintains no work in process inventories. A sales budget for the All Weather speaker is as follows: April May June July…
- Sales and Production Budgets Bass Audio Company manufactures two models of speakers, U500 and S1000. Based on the following production and sales data for J U500 s1000 Estimated inventory (units), June 1 227 56 Desired inventory (units), June 30 261 49 Expected sales volume (units): Northeast Region 2,200 1,950 Southwest Region 5,250 4,550 Unit sales price $125 $185 a. Prepare a sales budget. Enter all amounts as positive numbers. BASS AUDIO COMPANY Sales Budget For the Month Ending June 30 Unit Sales Unit Sales Product and Area Total Sales Volume Price Model U500: Northeast Region 2,200 V 125 275,000 V Southwest Region 5,250 V 656,250 V 125 Total 7,450 V 931,250 V Model S1000: Northeast Region 1,950 V 185 360,750 V Southwest Region 4,550 V 185 V 841,750 V Total 6,500 V 1,202,500 Total revenue from sales 2,133,750me * CengageNOWv2 | Online teachin X eAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator%=&inprogress%-false еВook Show Me How E Print Item Production Budget Pasadena Candle Inc. projected sales of 800,000 candles for January. The estimated January 1 inventory is 35,000 units, and the desired January 31 inventory is 20,000 units. Prepare a production budget report in units for Pasadena Candle Inc. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Pasadena Candle Inc. Production Budget For the Month Ending January 31 Expected units to be sold Desired ending inventory, January 31 Total units available Estimated beginning inventory, January 1 Total units to be produced in January Feedback Check My VWork Remember to take into account expected units to be sold, desired units in ending inventory and estimated units in beginning inventory when calculating total units to be produced. Previous NextLens Junction sells lenses for $43 each and is estimating sales of 15,000 units in January and 19,000 in February. Each lens consists of 2 pounds of silicon costing $2.50 per pound, 3 oz of solution costing $3 per ounce, and 30 minutes of direct labor at a labor rate of $14 per hour. Desired inventory levels are: Jan. 31 Feb. 28 Mar. 31 Beginning inventory Finished goods 4,300 4,900 4,900 Direct materials: silicon 8,400 9,100 9,300 Direct materials: solution 11,000 11,800 12,900