Paige Company estimates that unit sales will be 10,000 in quarter 1, 14,000 in quarter 2, 15,000 in quarter 3, and 18,000 in quarter 4. Management desires to have an ending finished goods inventory equal to 25% of the next quarter’s expected unit sales. Prepare a production budget by quarters for the first 6 months of 2020. PAIGE COMPANY Production Budget choose the accounting period Quarter 1 2 Six Months select an opening name enter a number of units enter a number of units select between addition and deduction : select an item enter a number of units enter a number of units select a summarizing line enter a subtotal of the two previous amounts enter a subtotal of the two previous amounts select between addition and deduction : select an item enter a number of units enter a number of units select a closing name enter a total amount enter a total amount enter a total for t

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter7: The Master Budget And Flexible Budgeting

Section: Chapter Questions

Problem 1E: The sales department of Macro Manufacturing Co. has forecast sales for its single product to be...

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Paige Company estimates that unit sales will be 10,000 in quarter 1, 14,000 in quarter 2, 15,000 in quarter 3, and 18,000 in quarter 4. Management desires to have an ending finished goods inventory equal to 25% of the next quarter’s expected unit sales.

Prepare a production budget by quarters for the first 6 months of 2020.

PAIGE COMPANY Production Budget choose the accounting period
	Quarter
	1	2	Six Months
select an opening name	enter a number of units	enter a number of units
select between addition and deduction : select an item	enter a number of units	enter a number of units
select a summarizing line	enter a subtotal of the two previous amounts	enter a subtotal of the two previous amounts
select between addition and deduction : select an item	enter a number of units	enter a number of units
select a closing name	enter a total amount	enter a total amount	enter a total for the row

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