One Device makes universal remote controls and expects to sell 550 units in January, 750 in February, 450 in March, 600 in April, and 550 in May. The required ending inventory is 30% of the next month's sales. Prepare a production budget for the first four months of the year. One Device Production Budget For the Four Months Ending April 30, 20XX January February March April Expected Sales Total Required Units Required Production Total

One Device makes universal remote controls and expects to sell 550 units in January, 750 in February, 450 in March, 600 in April, and 550 in May. The required ending inventory is 30% of the next month's sales. Prepare a production budget for the first four months of the year. One Device Production Budget For the Four Months Ending April 30, 20XX January February March April Expected Sales Total Required Units Required Production Total

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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One Device makes universal remote controls and expects to sell 450 units in January, 750 in February, 450 in March, 600 in April, and 650 in May. The required ending inventory is 20% of the next month’s sales. Prepare a production budget for the first four months of the year. One Device Production Budget For the Four Months Ending April 30, 20XX January February March April Expected Sales fill in the blank 1 fill in the blank 2 fill in the blank 3 fill in the blank 4 fill in the blank 6 fill in the blank 7 fill in the blank 8 fill in the blank 9 Total Required Units fill in the blank 10 fill in the blank 11 fill in the blank 12 fill in the blank 13 fill in the blank 15 fill in the blank 16 fill in the blank 17 fill in the blank 18 Required Production fill in the blank 19 fill in the blank 20 fill in the blank 21 fill in the blank 22 Total fill in the blank 23
Zira Company reports the following production budget for the next four months. Each finished unit requires five pounds of direct materials, and the company wants to end each month with direct materials inventory equal to 20% of next month's production needs, Beginning direct materials inventory for April was 634 pounds. Direct materials cost $6 per pound. Prepare a direct materials budget for April, May, and June. (Round your answers to the nearest whole number.) April May 675 June July Units to produce 634 667 647 ZIRA COMPANY Direct Materials Budget April May June Units to produce Materials needed for production (pounds) Total materials required (pounds) Materials to purchase (pounds) Cost of direct materials purchases
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