Budget Healthy Measures Inc. produces a Bath and Gym version of its popular electronic scale. The anticipated unit sales for the scales by sales region are as follows: Bath Gym Scale Scale Northern Region unit sales Southern Region unit sales Total 21,800 41,400 23,500 24,700 45,300 66,100 The finished goods inventory estimated for March 1, for the Bath and Gym scale models is 1,800 and 2,400 units, respectively. The desired finished goods inventory for March 31 for the Bath and Gym scale models is 1,300 and 2,600 units, respectively. Prepare a production budget for the Bath and Gym scales for the month ended March 31. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Healthy Measures Inc. Production Budget For the Month Ending March 31 Expected units to be sold Desired inventory, March 31 Total units available Estimated inventory, March 1 Total units to be produced Units Bath Scale Units Gym Scale
Budget Healthy Measures Inc. produces a Bath and Gym version of its popular electronic scale. The anticipated unit sales for the scales by sales region are as follows: Bath Gym Scale Scale Northern Region unit sales Southern Region unit sales Total 21,800 41,400 23,500 24,700 45,300 66,100 The finished goods inventory estimated for March 1, for the Bath and Gym scale models is 1,800 and 2,400 units, respectively. The desired finished goods inventory for March 31 for the Bath and Gym scale models is 1,300 and 2,600 units, respectively. Prepare a production budget for the Bath and Gym scales for the month ended March 31. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Healthy Measures Inc. Production Budget For the Month Ending March 31 Expected units to be sold Desired inventory, March 31 Total units available Estimated inventory, March 1 Total units to be produced Units Bath Scale Units Gym Scale
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Concept explainers
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
Question
2
Transcribed Image Text:Production Budget
Healthy Measures Inc. produces a Bath and Gym version of its popular electronic scale. The anticipated unit sales for the scales by sales region are as follows:
Bath Gym
Scale Scale
Northern Region unit sales
Southern Region unit sales
Total
The finished goods inventory estimated for March 1, for the Bath and Gym scale models is 1,800 and 2,400 units, respectively. The desired finished goods inventory for
March 31 for the Bath and Gym scale models is 1,300 and 2,600 units, respectively.
21,800 41,400
23,500 24,700
45,300 66,100
Prepare a production budget for the Bath and Gym scales for the month ended March 31. For those boxes in which you must enter subtracted or negative numbers use a
minus sign.
Healthy Measures Inc.
Production Budget
For the Month Ending March 31
Expected units to be sold
Desired inventory, March 31
Total units available
Estimated inventory, March 1
Total units to be produced
Units Bath Scale Units Gym Scale
00000
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education