Prepare the production schedule in units for safen bright

Assignment Help Accounting Basics

Reference no: EM13481939

Safe' n' Bright, inc., produces outside doors for installation on homes. The following information was gathered to prepare budgets for the upcoming year beginning January 1:

Sales forecast inunits...............................................................5,500doors

Finished goods inventory, Jan.1...................................................620doors

Target finished goods inventory, Dec.31.......................................480doors

Raw materials inventory-steel, Jan1..........................................40,000pounds

Target inventory-steel, Dec.31................................................80,000pounds

Raw materials inventory-glass, Jan.1.......................................6,000square feet

Target inventory-glass, Dec.31.............................................4,000square feet

Budgeted purchaseprice-steel................................................$4per pound

Budgeted purchaseprice-glass.............................................$2per square foot

The manufacture of each door requires 20 pounds of steel and 6square feet of glass.

Prepare the production schedule in units for safe'n' Bright.
Using the production schedule, develop the direct materials purchase budgets for steel and glass.
Why might safe 'n' Blight's target level of steel inventory be higher than last year's ending balance and its target level of glass inventory be lower than last year's ending balance?

Reference no: EM13481939

Questions Cloud

Barnett company uses the weighted-average method in : barnett company uses the weighted-average method in itsprocess costing system. the company adds materials t

Prepare regal flair enterprisess responsibility income : regal flair enterprise has two product lines jewelry and womensapparel. cost and revenue data for each product line for

Classify the following costs as either product : classify the following costs as either product inventoriable costs or period non inventoriable costs in a manufacturing

What type of company would use a process costing system : what type of company would use a process costing system? what about a job-order costing system? provide two examples

Prepare the production schedule in units for safen bright : safe n bright inc. produces outside doors for installation on homes. the following information was gathered to prepare

For each proposal compute the payback peroid return on : a firm is considering two alternative proposals for modernizingits production facilities. to provide a basis for

Does the cost per cup of coffee served increase decrease or : espresso express operates a number of espresso coffee standsin busy suburban malls. the fixed weekly expense of a

Compute the amount of underapplied or overapplied overhead : manufacturing overhead costs incurred during the yearpropery

Determine the correct balances at may 31 for merchandise : the following informationregarding inventory transactions is available for the month of may.date nbspnbspnbspnbsp

User Account

All Pages