Stenback Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year show the estimated of the planters each month to be as follows: (Click the icon to view additional information.) Inventory at the start of the year was 800 planters. The desired inventory of planters at the end of each month should be equal to 25% of the following month's budgeted sales. Each requires two pounds of polypropylene (a type of plastic). The company wants to have 20% of the polypropylene required for next month's production on hand at the end of each mont polypropylene costs $0.10 per pound. Read the requirements. Stenback Manufacturing Production Budget For the Months of January through March January February Unit sales Plus: Desired ending inventory Total needed Less: Beginning inventory 3200 800 3000 750 March 3500 875 Quarter 9700 Data table January February March. April. May.... Number of planters to be sold 3,200 3,000 3,500 4,300 4,600 Print Done

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Stenback Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year show the estimated unit sales
of the planters each month to be as follows:
(Click the icon to view additional information.)
Inventory at the start of the year was 800 planters. The desired inventory of planters at the end of each month should be equal to 25% of the following month's budgeted sales. Each planter
requires two pounds of polypropylene (a type of plastic). The company wants to have 20% of the polypropylene required for next month's production on hand at the end of each month. The
polypropylene costs $0.10 per pound.
Read the requirements.
Stenback Manufacturing
Production Budget
For the Months of January through March
January
February
Unit sales
Plus: Desired ending inventory
Total needed
Less: Beginning inventory
Units to produce
3200
800
3000
750
March
3500
875
Quarter
9700
Data table
January ...
February..
March.
April..
May
….....
Number of planters to be sold
3,200
3,000
3,500
4,300
4,600
Print
Done
●
X
Transcribed Image Text:Stenback Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year show the estimated unit sales of the planters each month to be as follows: (Click the icon to view additional information.) Inventory at the start of the year was 800 planters. The desired inventory of planters at the end of each month should be equal to 25% of the following month's budgeted sales. Each planter requires two pounds of polypropylene (a type of plastic). The company wants to have 20% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.10 per pound. Read the requirements. Stenback Manufacturing Production Budget For the Months of January through March January February Unit sales Plus: Desired ending inventory Total needed Less: Beginning inventory Units to produce 3200 800 3000 750 March 3500 875 Quarter 9700 Data table January ... February.. March. April.. May …..... Number of planters to be sold 3,200 3,000 3,500 4,300 4,600 Print Done ● X
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