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Complete production schedule for march

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Reference no: EM132554623

The Boswell Corporation forecasts its sales in units for the next four months as follows:

March 9,000

April 11,000

May 8,500

June 7,000

  • Boswell maintains an ending inventory for each month in the amount of two times the expected sales in the following month. The ending inventory for February (March's beginning inventory) reflects this policy. Materials cost $6 per unit and are paid for in the month after production. Labour cost is $10 per unit and is paid for in the month incurred. Fixed overhead is $13,500 per month. Dividends of $20,300 are to be paid in May. Eight thousand units were produced in February.

Question a. Complete production schedule for March, April, and May. (Enter all values as positive value.)

Boswell Corporation

Production Schedule March April May June

Forecasted unit sales Desired ending inventory Beginning inventory Units to be produced

Question b. Complete summary of cash payments for March, April, and May.

Boswell Corporation

Cash Payments February March April May

Units produced Materials Labour Fixed overhead Dividends Total cash payments

Reference no: EM132554623

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