DashboardCengageNOWv2| Online teachin xhttps://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogres.Chapter 22еBookShow Me HowProduction BudgetHealthy 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:BathGymScaleScaleNorthern Region unit sales40,00025,000Southern Region unit sales75,00035,000Total115,00060,000The finished goods inventory estimated for March 1, for the Bath and Gym scale models is 11,800 and 8,100 units, respectively. The desired finished goods inventory for March 31 for theBath and Gym scale models is 15,000 and 7,500 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 BudgetFor the Month Ending March 31Units Bath Scale Units Gym ScaleTotal units availableTotal units to be produced11:10 AM2 Type here to search63°F11/19/2021

Budget: budget is an estimate prepared by the company to know its future goals and actions required in the future period Production budget: Production budget is a budget prepared by the company to estimate the production needs of the companyHealthy Measure Inc. Production Budget For the month Ending March 31 Units Bath Scale Units Gym Scale Budgeted Sales 115,000 60,000 Plus: Desired Ending inventory 15,000 7,500 Total units available 130,000 67,500 Less: Beginning inventory 11,800 8,100 Total units to be produced 118,200 59,400Healthy Measure Inc. Production Budget For the month Ending March 31 Units Bath Scale Units Gym Scale Budgeted Sales 115,000 60,000 Plus: Desired Ending inventory 15,000 7,500 Total units available (Budgeted sales + Desired Ending inventory) = 115,000 + 15,000 = 130,000 = 60,000 + 7,500 = 67,500 Less: Beginning inventory 11,800 8,100 Total units to be produced (Total units available - Beginning inventory) = 130,000 – 11,800 = 118,200 = 67,500 – 8,100 = 59,400

Answered: Production Budget

Business

Accounting

Production Budget

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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