FitHealth Inc. produces a small and large version of its popular electronic scale. The anticipated unit sales for the scales by sales region are as follows:   Bath Scale Gym Scale East Region unit sales 70,000   25,000   West Region unit sales 120,000   50,000   Total 190,000   75,000   The finished goods inventory estimated for October 1 for the Bath and Gym scale models is 21,000 and 4,500 units, respectively. The desired finished goods inventory for October 31 for the Bath and Gym scale models is 16,000 and 9,000 units, respectively. Prepare a production budget for the Bath and Gym scales for the month ended October 31. FitHealth Inc. Production Budget For the Month Ending October 31   Units Bath Scale Units Gym Scale Expected units to be sold           Total units required           Total units to be produced     FitHealth Inc.Production BudgetFor the Month Ending October 31

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

FitHealth Inc. produces a small and large version of its popular electronic scale. The anticipated unit sales for the scales by sales region are as follows:

  Bath Scale Gym Scale
East Region unit sales 70,000   25,000  
West Region unit sales 120,000   50,000  
Total 190,000   75,000  

The finished goods inventory estimated for October 1 for the Bath and Gym scale models is 21,000 and 4,500 units, respectively. The desired finished goods inventory for October 31 for the Bath and Gym scale models is 16,000 and 9,000 units, respectively.

Prepare a production budget for the Bath and Gym scales for the month ended October 31.

FitHealth Inc.
Production Budget
For the Month Ending October 31

  Units
Bath
Scale
Units
Gym
Scale
Expected units to be sold    
 
   
Total units required    
 
   
Total units to be produced    

FitHealth Inc.Production BudgetFor the Month Ending October 31

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Inventory Management
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.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education