Answered: Weightless Inc. produces a small and…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Weightless Inc. produces a small and large version of its popular electronic scale. The anticipated unit sales for the scales by sales region are as follows:

	Bath Scale	Gym Scale
East Region unit sales	23,500		36,800
West Region unit sales	25,400		26,700
Total	48,900		63,500

The finished goods inventory estimated for October 1 for the Bath and Gym scale models is 1,200 and 2,400 units, respectively. The desired finished goods inventory for October 31 for the Bath and Gym scale models is 900 and 2,600 units, respectively.

Prepare a production budget for the Bath and Gym scales for the month ended October 31.

WEIGHTLESS INC.
Production Budget
For the Month Ending October 31
	Units Bath Scale	Units Gym Scale
Expected units to be sold	fill in the blank 1	fill in the blank 2
	fill in the blank 4	fill in the blank 5
Total units required	fill in the blank 6	fill in the blank 7
	fill in the blank 9	fill in the blank 10
Total units to be produced	fill in the blank 11	fill in the blank 12

Expert Solution

Step 1

Total units to be produced = Expected units to be sold + Desired ending inventory - Beginning Inventory

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