What is production budget for january through june

Assignment Help Accounting Basics
Reference no: EM131732115

Question - Sales forecast for 8 months for window company for 2010:

Jan. Units: 10,000

Feb. Units 17,000

March units 13,000

April units 18,500

May units 22,100

June units 24,300

July units 26,200

Aug. Units 27,000

Inventory on Dec. 31 2009 was budgeted at 1,500 units.

Desired quantity of finished goods inventory at the end of each month in 2010 is to be equal to 15% of the next month's budgeted unit sales.

Each completed unit of finished product requires 1.5 gallons of resin. It is determined that it needs 20% of me t month's raw material needs on hand at the end of each month.

Note: projected production in January: 11,050 Windows

A. What is production budget for January through June of 2010.

B. What is the material purchases budget for same period, assuming that each gallon of resin cost $10.

Reference no: EM131732115

Questions Cloud

What items make up cost of goods sold : How does the calculation of cost of goods sold differ if you use a periodic inventory system versus a perpetual inventory system
What is the common law traditional viewpoint : What is the common law's traditional viewpoint concerning a bystander's duty to come to the aid of a person in need?
Record the purchase of the building on january : On January 1, 2018, Stoops Entertainment purchases a building for $550,000, Record the purchase of the building on January 1, 2018
Disruptive market research : According to concepts discussed in regard to "Disruptive Market Research,"
What is production budget for january through june : Sales forecast for 8 months for window company for 2010: What is production budget for January through June of 2010
Dollar wise in building strong international partners : Is President Trump approach/words regarding the U.S. Dollar wise in building strong international partners over the long term?
What are the implications of a weakening dollar : What are the implications of a weakening dollar U.S. trading partners? Does it benefit American workers? Why?
Calculate the cost of spare capacity : At the end of the week the total hours charged by the six bookkeepers to client jobs is 150. The cost of spare capacity is closest to
Success of innovation as a competitive advantage : Please answer the following question with a detailed explanation and provide a resource for your answer.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd