Purpose a production budget for the second quarter

Assignment Help Financial Accounting

Reference no: EM1311512

Preparing a production budget with the given data.

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.

Reference no: EM1311512

Questions Cloud

Make the company cash budget for the upcoming fiscal year : make the company cash budget for the upcoming fiscal year and Garden Depot is a retailer that is preparing its budget for the upcoming fiscal year. Management has prepared the following summary of its budgeted cash

Fiscal stimulus package : President Obama pushed his massive fiscal stimulus package of $787 through the Congress and later passed by the House and Senate, whose centerpiece was spending most of this stimulus funds

What is the magnitude of the magnetic force the proton : A steel beam that is 7.00m long weighs 330N. It rests on two supports, 3.00m apart, with equal amounts of beam extending from each end. Suki, who weighs 505 N, stands on the beam in the center and then walks toward one end. How close to the end can s..

Computation of beta of the firm and market portfolio : Computation of beta of the firm and market portfolio and how does this compare with the stock's actual expected return

Purpose a production budget for the second quarter : Purpose 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.

Simple linear regression : The results of the simple linear regression are provided below.

Purpose a schedule of expected cash collections : Purpose a schedule of expected cash collections from sales, by month and in total, for the second quarter

Change in real gdp per capita : The information below explains the real GDP per capita for the country of Utopia for the period of 1975 to 1991.

What is the skier''s launch speed : While on vacation you rent a moped and go cruising around a tropical island. If you take a 10.0° banked curve with a radius of 15.0 meters at 12.0 m/s, what is the minimum coefficient of static friction between your tires and road to keep the tires f..

User Account

All Pages