One Device makes universal remote controls and expects to sell 500 units in January, 800 in February, 450 in March, 550 in April, and 600 in May. The required ending inventory is 20% of the next month’s sales. Prepare a production budget for the first four months of the year. PLEASE NOTE: Units are rounded to whole numbers with commas as needed (i.e. 1,234). All dollar amounts are rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345). Budgeted Costs Desired Ending Inventory Sales Price per Unit Expected Sales (units) Required Production Purchases Required Beginning Inventory Total Sales Revenue Total Required Units Using the information above, along with the terms above, prepare a production budget for the first four months of the year (use the format shown in the textbook): One Device Production Budget For the Four Months Ending Apr. 30, 2019 January February March April ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? Total Units - Four Months X X X
One Device makes universal remote controls and expects to sell 500 units in January, 800 in February, 450 in March, 550 in April, and 600 in May. The required ending inventory is 20% of the next month’s sales. Prepare a production budget for the first four months of the year. PLEASE NOTE: Units are rounded to whole numbers with commas as needed (i.e. 1,234). All dollar amounts are rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345). Budgeted Costs Desired Ending Inventory Sales Price per Unit Expected Sales (units) Required Production Purchases Required Beginning Inventory Total Sales Revenue Total Required Units Using the information above, along with the terms above, prepare a production budget for the first four months of the year (use the format shown in the textbook): One Device Production Budget For the Four Months Ending Apr. 30, 2019 January February March April ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? Total Units - Four Months X X X
Chapter7: Budgeting
Section: Chapter Questions
Problem 4EB: Rehydrator makes a nutrition additive and expects to sell 3,000 units in January, 2,000 in February,...
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3. One Device makes universal remote controls and expects to sell 500 units in January, 800 in February, 450 in March, 550 in April, and 600 in May. The required ending inventory is 20% of the next month’s sales. Prepare a production budget for the first four months of the year.
PLEASE NOTE: Units are rounded to whole numbers with commas as needed (i.e. 1,234). All dollar amounts are rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345).
| Budgeted Costs | Desired Ending Inventory | Sales Price per Unit |
| Expected Sales (units) | Required Production | Purchases Required |
| Beginning Inventory | Total Sales Revenue | Total Required Units |
Using the information above, along with the terms above, prepare a production budget for the first four months of the year (use the format shown in the textbook):
| One Device |
| Production Budget |
| For the Four Months Ending Apr. 30, 2019 |
| January | February | March | April | ||
| ? | ? | ? | ? | ? | |
| ? | ? | ? | ? | ? | |
| ? | ? | ? | ? | ? | |
| ? | ? | ? | ? | ? | |
| ? | ? | ? | ? | ? | |
|
X | X | X | ? |
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