Prepare production budget for the quarter ending on June

Assignment Help Managerial Accounting
Reference no: EM132823616

Question - PSP auto Ltd manufactures auto components. Projected sales for coming next four months are as follows.

April: 30,000

May: 40,000

June: 50,000

July: 50,000

Finished goods inventory on 1st April is 30,000 units each costing Rs 150/-. The desired ending inventory for each month is 75% of the next month's sales. Prepare production budget for the quarter ending on 30th June.

Reference no: EM132823616

Questions Cloud

What the research discovered and the types of analysis : Findings - summation of what the research discovered and the types of analysis that were used to describe the findings (tables, figures, and statistical).
Which would be an example of a preventitive control : Which would be an example of a preventitive control and a suitable test of this control? Having a lock on a door where valuable closing stock is stored.
How the information provided impacts the auditor : Discuss whether there are any events or conditions that may cast significant doubt on the new client's ability to continue as a going concern.
Post brief description of the professional or societal issue : Post a brief description of the professional or societal issue you selected. Explain any ethical concerns that might be associated with the issue.
Prepare production budget for the quarter ending on June : The desired ending inventory for each month is 75% of the next month's sales. Prepare production budget for the quarter ending on 30th June
List is the net pension asset or net pension liability : List is the net pension asset or net pension liability at the end of 2021? List is the projected benefit obligation at the end of 2021?
Identify an appropriate healthcare delivery model : Metropolitan Memorial is a large healthcare organization in a major city. The hospital has been providing medical care to the patrons of the state for 10 years.
How much is the gross purchases : Selling expenses: P1,250,000; Sales Discount: P250,000. The cost of sales is six times the selling expenses. How much is the gross purchases for 2020
Describe role that research has in health care organizations : Review the "Health Care Research, Analysis, and Utilization Scenarios" document and select either the Transitional Care, Primary Care, or Community Care.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Prepare responsibility accounting performance reports

Billie Whitehorse, the plant manager of Travel Free's Indiana plant, is responsible for all of that plant's costs other than her own salary.

  Prepare the incremental analysis to evaluate the situation

Prepare the incremental analysis (calculate incremental revenue, cost and profit) to evaluate this situation for the coming year.

  How would error affect breakeven sales

How would your error affect breakeven sales and operating income under the proposed sales commission plan? After considering all factors

  Why is not accounting net income used in net present value

Why isn't accounting net income used in the net present value and internal rate of return methods of making capital budgeting decisions?

  Calculate the work in process as at august

Apple Ltd manufactures all types of custom-made premium head wears and hats for all types of occasions. Calculate the Work in process as at 31 august.

  Prepare the trial balance of paws at october

Prepare the trial balance of Paws at October 31, 2016. Record each transaction in the journal. Key each transaction by date. Explanations are not required.

  What the daily output that tetrangle would need to earn

The kits have a short-run average variable cost of $48 and are sold for $55 each. The daily output that Tetrangle would need to earn a daily profit of $540 is

  The two main surgical units and their related data follow

Health Coop is an outpatient surgical clinic that wants to better understand its costs. It decides to prepare an activity based cost analysis, including an estimate of the average cost of both general surgery and orthopedic surgery.

  Calculate the value of wip inventory in mixing department

Calculate the value of WIP inventory in the mixing department at the end of October. a mixing department and a bottling department.

  How much is the conversion cost per unit

How much is the conversion cost per unit if ending Work in Process was 25% complete and total conversion costs equalled $45560 if the weighted-average method

  What was the total of all costs expensed on operating income

What was the total of all costs expensed on the operating income statements across both years under absorption costing and under variable costing?

  What were johnson company common fixed costs for last year

What were Johnson Company's common fixed costs for last year?Johnson Company operates two plants: Plant A and Plant B. Johnson Company reported

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd