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Posted by: Homeworkhelp
Price Quoted by Student: $3
Posted On: 2012-05-21 01:01:21
 
Question

E9-1 Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows

 

Exercise 9-1 Production Budget

 

E9-1 Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows:

 

 

Sales in Units

April

50,000

May

75,000

June

90,000

July

80,000

 

The company is now in the process of preparing a production budget for the second quarter.  Past experience has shown that end-of-month inventory levels must equal 10% of the following month’s sales.  The inventory at the end of March was 5,000 units.

 

Required:

 

Prepare a production budget for the second quarter; in your budget, show the number of units to be produced each month and for the quarter in total.


Solutions
Production Budget for the second quarter
Price $3
Attachment 1: E9-1 Down Under Products Ltd.doc
Solution Posted By: Homeworkhelp    Posted on: 21-05-2012