ABCL Corporation predicts the following sales in units for the coming four months:                                   May     June  July      August    September Unit sales ……           400    500     520        480        540   Finished goods inventory on April 30: 120 units Raw materials inventory on April 30: 450 pounds   Desired ending inventory each month: Finished goods: 30% of next month's sales Raw materials: 25% of next month's production needs Number of pounds of raw material required per finished unit: 4 lbs.   Required: How many pounds of raw materials should be purchased in May?

Q: Your company expects sales of Production W to be 60,000 units in April, 75,000 units in May and…

A: The production required is equal to sum of budgeted sales and ending inventory and deduction of…

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: Rochor & Co has the following sales forecast for the next quarter: April, 20,000 units; May, 24,000…

A: Desired ending inventory for May month = Expected sales for June x 20% = 28,000 units x 20% = 5,600…

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: PSP auto Ltd manufactures auto components. Projected sales for coming next four months are as…

A: Production budget represents the production plan of the firm for the budgeted period. The period can…

Q: Dolly Plastics Corporation manufactures and sells plastic casings. Expected casing sales (in units…

A: Beginning inventory of the finished goods on July = Expected sales for the month of July x Desired…

Q: Greener Grass Fertilizer Company plans to sell 280,000 units of finished product in July and…

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

Q: Dolly Plastics Corporation manufactures and sells plastic casings. Expected casing sales (in units…

A: Budgets are the estimates that are made for a future period of time. These are the quantitative…

Q: The S&OP team at Kansas Furniture, has received the following estimates of demand requirements: July…

A: Regular production Cost = $50 per unit Inventory Carrying cost = $25 per unit per month Opening…

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

A: Production budget is prepared to estimate the production units and desired inventory for a…

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: The manufacturing section of Climax Company has submitted the following forecast of units to be…

A: Preparation of company's direct materials budget Particular June July August Beginning…

Q: Colorado Corporation has the following sales forecast for the next quarter: July, 4,000 units;…

A: Answer is as follows: Following information are given: No of units sold in August = 4,800 Direct…

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: 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: The production department of Zan Corporation has submitted the following forecast of units to be…

A: Material Cost = Material Quantity * Material price per unit Direct labour cost = Labour hours *…

Q: MAXI Co. has the following information:   *Projected sales for four (4) months are as follows:…

A: Budgets are the forecasts or estimates that are made for future period of time. It can be sales…

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: Ponderosa, Inc., produces wiring harness assemblies used in the production of semi-trailer trucks.…

A: Direct material closing inventory should be 30% of next months production units needed Direct…

Q: NUBD Corp, plans to sell 200,000 units of LIB product in July and anticipate a growth in sales of 7%…

A: Given information, Sales in July = 200,000 units Growth in sales =7% per month Therefore, •Sales in…

Q: Tyler Co. predicts the following unit sales for the next four months: April, 3,000 units; May, 4,000…

A: The production budget or spending plan tells the entrepreneur what number of units of the item to…

Q: IRWIN TECH sales in June were 400,000 units. Sales are expected to increase by 2% each month during…

A: Material Budget: It budgets how much raw materials the  company requires to meet budgeted…

Q: Ponderosa, Inc., produces wiring harness assemblies used in the production of semi-trailer trucks.…

A: "Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Walnut has forecast sales for the next three months as follows: July 4,900 units, August 6,900…

A: Budgeted Selling and administrative overheads = $20,000 per month + $ 9 per unit sold We need to…

Q: Assume a company's estimated sales for January, February, and March are 30,000 units, 31,000 units,…

A: Solution: Budgeted production in units for January = Budgeted sales units + Desired ending inventory…

Q: ver May's production? 5.If June’s budgeted production = 6,000 frames.   What is the desired…

A: 1. Opening Inventory = 10% of 4,000 = 400 units now Closing inventory = 10% of 14,000 = 1400 units…

Q: Trevor Company expects sales of Product W to be 62,000 units in April, 77,000 units in May, and…

A: Desired ending inventory for April = Budgeted sales for May x 40% = 77000*40% = 30800 units

Q: Offenbach & Son has just made its sales forecasts and its marketing department estimates that the…

A: Budgeted production in units will be equal to estimated sales plus desired ending inventory minus…

Q: Rocker Company expects to sell 7,000 units for $180 each for a total of $1,260,000 in January and…

A: Budgeted cost of goods sold in March = 4,300 * $260 * 60%= $670,800

Q: Ruiz Co. provides the following unit sales forecast for the next three months: January February…

A: Desired ending inventory for January = Budgeted sales for February x 15% = 4200*10% = 420 units

Q: MAXI Co. has the following information:   *Projected sales for four (4) months are as follows:…

A: The budget is prepared to estimate the requirements for the future period.

Q: Shadee Corp. expects to sell 600 sun visors in May and 440 in June Each visor sells for $14Shadee's…

A: The budget process involves an estimation of expected expenses or revenues relating to a particular…

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: Redfield Company has prepared the following forecasts of monthly sales: Sales in units January,…

A: Desired ending inventory for February = Budgeted sales for March x 75% = 4200 x 75% = 3150

Q: Ben Company has the following sales forecast for the next quarter: April, 20,000 units; May, 24,000…

A: Information given in the above question is as follows: Sale forecast for the next quarter are given…

Q: Croy Inc. has the following projected sales for the next five months: Month Salen in Unita 3,850…

A: Following are the solutions to given problems

Q: Greener Grass Fertilizer Company plans to sell 230,000 units of finished product in July and…

A: Cost of Goods Sold is the cost of producing the goods, and it consists of direct materials, direct…

Q: Sellars Inc. manufactures widgets. At 30 June, the company had 2000 widgets in inventory. The…

A: Formula: Projected direct labor cost for August = Budgeted production for August x labor time…

Q: MNO Company forecast sales in units for July to November as follows:                      Units…

A: Production budget is that budgeted statement which helps the manufacturing unit to infer about…

Q: Greener Grass Fertilizer Company plans to sell 200,000 units of finished product in July and…

A: Requirement 1:

Q: Zahn Co. predicts sales of 246 units in May and 500 units in June. Each month’s ending inventory…

A: Given that, sales in the months,              May : 246 units            June : 500 units Ending…

Q: The production planner of a company forecasts the sales over the next six months as 180, 220, 210,…

A: Total demand over six months = 180 + 220 + 210 + 190 + 170 + 210 = 1180 Beginning inventory = 100…

Q: Ruiz Co. provides the following sales forecast for the next four months:    April   May   June…

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

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: *Three (3) kilos of materials are required per unit produced. Every kilo of material is $20. Raw…

A: Introduction: Operating budgets are the primary component of master budget and involve examining the…

Q: Berol Company plans to sell 200,000 units of finished product in July and anticipates a growth rate…

A: The production budget is prepared to estimate the number of units to be produced during the period.

Q: Douglas Company plans to sell 24,000 units of Product A during July and 30,000 units during August.…

A: In order to determine the no. of units required to be produced, the desired ending inventory is…

Q: Wright Lighting Fixtures forecasts its sales in units for the next four months as follows:…

A: The budgets are prepared to estimate the requirements for the future period. the production budget…