Product T Product X Estimated inventory, March 1 28,000 units 20,000 units Desired inventory, March 31 32,000 units 15,000 units Expected sales volume: Territory I 320,000 units 260,000 units Territory II 190,000 units 130,000 units Unit sales price $6 $14 i need help creating a production budget Frixion Co. Production Budget For the Month Ending March 31
Product T Product X Estimated inventory, March 1 28,000 units 20,000 units Desired inventory, March 31 32,000 units 15,000 units Expected sales volume: Territory I 320,000 units 260,000 units Territory II 190,000 units 130,000 units Unit sales price $6 $14 i need help creating a production budget Frixion Co. Production Budget For the Month Ending March 31
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Based on the following production and sales data of Frixion Co. for March of the current year, prepare the following:
Product T | Product X | ||||
Estimated inventory, March 1 | 28,000 | units | 20,000 | units | |
Desired inventory, March 31 | 32,000 | units | 15,000 | units | |
Expected sales volume: | |||||
Territory I | 320,000 | units | 260,000 | units | |
Territory II | 190,000 | units | 130,000 | units | |
Unit sales price | $6 | $14 |
i need help creating a production budget
Frixion Co. | ||
Production Budget | ||
For the Month Ending March 31 | ||
Product T | Product X | |
Sales (units) | ||
Total (units) available | ||
Total units to be produced |
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

Follow-up Questions
Read through expert solutions to related follow-up questions below.
Follow-up Question
Hello, for this same problem, what is the sales budget?

Transcribed Image Text:Estimated inventory, March 1
Desired inventory, March 31
Expected sales volume:
Area I
Area II
Unit sales price
a. Prepare a sales budget.
Product and Area
Product T:
Area I
Area II
Total
Product X:
Area I
Area II
Total
Product T
Total revenue from sales
28,000 units
32,000 units
320,000 units
190,000 units
$6
Product X
20,000 units
15,000 units
260,000 units
130,000 units
$14
Frixion Co.
Sales Budget
For Month Ending March 31
Unit Sales Volume Unit Selling Price Total Sales
8
1101000
Solution
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