Prepare a productio budget for the upcoming year for the months of January, February, March and April. Production Budget January February March April Budgeted sales Add: Ending inventory Total needs Deduct: Beginning inventory Required production 45,000 55,000 75,000 40,000 3. Prepare a direct materials budget showing the quantity of material to be purchased for January, February, March and for the quarter in total. Direct Materials Budget January February March First Quarter Production needs (lbs) Add: Ending inventory Total Material needs Deduct: Beginning inventory Material purchases
Prepare a productio budget for the upcoming year for the months of January, February, March and April. Production Budget January February March April Budgeted sales Add: Ending inventory Total needs Deduct: Beginning inventory Required production 45,000 55,000 75,000 40,000 3. Prepare a direct materials budget showing the quantity of material to be purchased for January, February, March and for the quarter in total. Direct Materials Budget January February March First Quarter Production needs (lbs) Add: Ending inventory Total Material needs Deduct: Beginning inventory Material purchases
Chapter7: Budgeting
Section: Chapter Questions
Problem 14PA: Total Pops data show the following information: New machinery will be added in April. This machine...
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