Ruiz Co. provides the following sales forecast for the next four months. April May June July Sales (units) 500 580 540 620 The company wants to end each month with ending finished goods inventory equal to 25% of next month’s forecasted sales. Finished goods inventory on April 1 is 190 units. Prepare a production budget for the months of April, May, and June.

Q: The following sales are predicted for a company’s next four months. Each month’s ending inventory of…

A: Budgeted production of units = Sales + Ending inventory - Beginning inventory

Q: Banana Company provides the following unit sales forecast for the next three months:    July August…

A: Solution: Ending inventory for August = September sales*25% = 5560*25% = 1390 units Beginning…

Q: Lexi Company budgets unit sales of 1,980,000 in April, 1,240,000 in May, 600,000 in June, and…

A: The merchandise purchase budget is prepared to estimate the production requirements for fututre.

Q: Shadee Corporation expects to sell 520 sun shades in May and 430 in June. Each shade sells for $165.…

A: A budget is an estimation of income and expenditures on the basis of past performance or industry…

Q: Ruiz Company provides the following budgeted sales for the next four months. The company wants to…

A: Given inventory required = 30% of budgeted next month sales units. Units required = Current sales +…

Q: Palmgren Company produces consumer products. The sales budget for four months of the year is…

A: Opening inventory  for July  = July  sales × 25% =31000×25% = 7750

Q: Beaver Company expects to sell 1,600 units of a finished goods product in January and 1,860 units in…

A: Lets understand the basics. Budget is an estimation of future profit in advance. Management prepares…

Q: Forrest Company manufactures phone chargers and has a policy that ending inventory should equal 20%…

A: Desired ending inventory = December sales x 20% = 370000 x 20% = 74000 units

Q: Harden, Inc., has budgeted sales in units for the next frve months as follows: June 8,900 units July…

A: Production budget in the budget shows how much units needs to be produced in order to cope up with…

Q: One Device makes universal remote controls and expects to sell 450 units in January, 800 in…

A: Units to be produced =Projected sales + Desired ending inventory – Beginning inventory

Q: Ramos Co. provides the following sales forecast and production budget for the next four months.…

A: Budget:- A budget is considered as the estimation of revenue and expense over a specified period of…

Q: Roberts Enterprises has budgeted sales in units for the next five months as follows:…

A: Sales budget gives an estimation about goods and services that company which it agrees to sell in…

Q: Blue Wave Co. predicts the following unit sales for the coming four months: September, 3,200 units;…

A: Here in this question, we are required to prepare production budget. Budget is an estimation made…

Q: Complete the production budget table on the next page of ABC Company given the following forecast…

A: Formula: Required production units = Estimated sales units + Ending inventory - Beginning inventory

Q: One Device makes universal remote controls and expects to sell 550 units in January, 750 in…

A: The production budget, also called the manufacturing budget, is a budget that determines the…

Q: One Device makes universal remote controls and expects to sell 550 units in January, 750 in…

A: Note 1: Closing Stock is 30% of Next month sale therefore 1. Jan Month closing stock = Feb month…

Q: Down Under Products, Ltd., of Australlia has budgeted sales of its popular boomerang for the next…

A: Production budget in the business shows how many units needs to be produced in a particular period…

Q: Champ, Inc., predicts the following sales in units for the coming two months. Each month's ending…

A:

Q: Palmgren Company produces consumer products. The sales budget for four months of the year is…

A: Note: Units produced = Total needed - Beginning inventory Total needed = Unit sales + Desired ending…

Q: ow Industries' projected sales budget for the next four months is as follows: Units January 70,700…

A: The question is based on the concept of Cost Accounting.

Q: Meadow Company produces hand tools. A sales budget for the next four months is as follows: March…

A: Number  of units to be produced in March  = Ending finished goods inventory + Budgeted sales -…

Q: A company has a policy of maintaining an inventory of finished goods equal to 30 percent of the…

A: Raw material means the material purchased and still not enter in to the production lines. Work in…

Q: Hayma Company's sales budget for 2022 in units for the next five months is as follows: January…

A: Solution:- Calculation of the units produced in February as follows under:-

Q: Use the information provided below to calculate the number of units of Product Tex that must be…

A: Required units to be produced = Estimated units of sale + Required closing inventory - opening…

Q: How many units should it produce in February if it’s policy on desired ending inventory in units for…

A: Calculate desired ending inventory for February as shown below: Desired ending inventory = Sales of…

Q: Larkspur Inc. has projected sales to be 18,000 units in January; 22,000 units in February; 14,000…

A: Budget means the expected value of future. Budget is not affected by the actual value as it is…

Q: Hayma Company's sales budget for 2022 in units for the next five months is as follows: January…

A: Production budget in the business means how many units, needs to be produced in order to cover up…

Q: Zahn Co. predicts sales of 220 units in May and 240 units in June. Each month’s ending inventory…

A: Production budget: Production budget is the estimation or projection of number of units the company…

Q: Yogi Company expects to sell 1,700 units of finished product in January and 1,850 units in February.…

A: Desired ending inventory for january = February sales units × 40% = 1850×40% = 740 units

Q: Hayma Company's sales budget for 2022 in units for the next five months is as follows: January…

A: The answer for the multiple choice question and calculation of units that will be produced in…

Q: alam Company makes a ‘gula melaka’ chocolate mix. In the first 4 months of coming year, Talam…

A: SOLUTION- THE FOLLOWING CALCULATION ARE DONE FOR TALAM COMPANY.

Q: A manufacturing company predicts sales of 220 units for May and 250 units for June. The company…

A: The production budget is defined as the statement which represents the estimated units to be…

Q: Bengal Co. provides the following unit sales forecast for the next three months: Sales units July…

A: The production budget is required to identify the units to be produced for the expected sales. It…

Q: Hayma Company's sales budget for 2022 in units for the next five months is as follows: January…

A: Sales budget:-  January  = 20000 units  February = 26000 units    Beginning Inventory = 2800 units…

Q: Ramos Co. provides the following sales forecast and production budget for the next four months:…

A: Budget:Budget refers to the financial plan for the business activities a company intends to do in…

Q: Blue Wave Company budgets the following unit sales for the next four months: September, 3,500 units:…

A: Production budget is prepared after the sales budget as expected sale units are required to prepare…

Q: Harden, Incorporated, has budgeted sales in units for the next five months as follows:   June…

A: Production budget in the business shows that how much units needs to be produced in order to fulfill…

Q: Villi Manufacturing Corporation's most recent sales budget indicates the following expected sales…

A: Formulas: Expected no. of units produced = Expected unit sales + Desired ending inventory -…

Q: Hayma Company's sales budget for 2022 in units for the next five months is as follows: January…

A: Production budget…

Q: Below is the sales budget in units of Silver Company. How many units should it produce in February…

A: SOLUTION- CALCULATION OF DESIRED ENDING INVENTORY FOR FEBRUARY AS SHOWN BELOW- DESIRED ENDING…

Q: E Company has forecast sales to be $225,000 in February, $235,000 in March, $250,000 in April, and…

A: Budget is prepared to estimate the sales in following years and further cash and credit sales.

Q: Cardinal Company has finished goods inventory of 55,000 units on January 1. Its projected sales for…

A: Budgeted units of inventory = Next month's sales*20%

Q: Cullumber Company, a wholesaler, budgeted the following sales for the indicated months:…

A: Cost of goods sold = Total sales / (1 + markup) Cost of goods sold  for July = $4380000/(1+0.30) =…

Q: Redfield Company has prepared the following forecasts of monthly sales: S in units January, 4,500;…

A: solution The required ending inventory is 75% of next months sales The sales for January      =4500…

Q: Champ, Inc., predicts the following sales in units for the coming two months. Each month’s ending…

A: Sales budget: It can be defined as a quantitative financial plan that shows the total sales revenue…

Q: GIVEN: Below is a Production Budget for the third quarter of a company's fiscal year that includes…

A: Production means number of units produced during the specified period. Sales = Opening stock +…

Q: Lexi Company budgets unit sales of 1,510,000 in April, 1,210,000 in May, 320,000 in June, and…

A: A budget that is prepared and used to estimate the required quantity of raw materials is called the…

Q: A company is preparing the production budget for the second quarter.  Projected sales (in units) are…

A: Production units= Sales+ ending inventory - Beginning Inventory Given in question ending inventory…