Valentina Kho manufactures various pottery products. It has the following sales budget, sets, for its romantic line of dishes: April, 25,000; May, 30,000; June, 35,000; July 40,000. alentina keeps its inventory at twice the coming month's budgeted sales. At April 1, alentina's expected inventory to be 47,000 sets. Making one set of romantic dishes requires 15 pounds of materials at a cost of P0.50 er pound. Valentina keeps its inventory of materials at 150% of the coming month budgeted oduction. At the beginning of April, Valentina expects to have 540,000 pounds of materials on and. equired: a. Prepare a Production Budgets for April and May b. Prepare Materials Purchases Budget for April and May in pounds, in Peso.

Valentina Kho manufactures various pottery products. It has the following sales budget, sets, for its romantic line of dishes: April, 25,000; May, 30,000; June, 35,000; July 40,000. alentina keeps its inventory at twice the coming month's budgeted sales. At April 1, alentina's expected inventory to be 47,000 sets. Making one set of romantic dishes requires 15 pounds of materials at a cost of P0.50 er pound. Valentina keeps its inventory of materials at 150% of the coming month budgeted oduction. At the beginning of April, Valentina expects to have 540,000 pounds of materials on and. equired: a. Prepare a Production Budgets for April and May b. Prepare Materials Purchases Budget for April and May in pounds, in Peso.

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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