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. What is the total required production for the year?

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

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

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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

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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…

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

A:

Q: One Device makes universal remote controls and expects to sell 500 units in January, 800 in…

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Q: Pasta Disasta, Inc. is preparing its master budget for its first quarter of business. It expects to…

A: INTRODUCTION: One of the most effective financial tools a small business owner has at their disposal…

Q: Big City Manufacturing (BCM) is preparing its cash budget and expects to have sales of $450,000 in…

A: cash receipt in March from January sales = January sales x 35% cash receipt in March from February…

Q: Prepare a production budget for the first four months of the year.

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

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A: Direct material budget: The direct material budget shows how much raw material purchases for the…

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A:

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

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A: Following are the answers to the given questions

Q: The Canseco Company has prepared a sales budget of 42,000 finished units for a 3-month period. The…

A: The budget is prepared to estimate the production requirements.

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Q: Majan company has budgeted sales in units for the next five months as follows: June 5,400 units July…

A: Ending inventory=Next month sale×10%=8,200×10%=820 units

Q: on 4 Obinson Corp., which operates on a calendar year, expects to sell 1380 units in October, and…

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Q: One Device makes universal remote controls and expects to sell 500 units in January, 800 in…

A:

Q: Furniture, Inc. makes and sells a single product called a Bik. The company wants to prepare the…

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Q: Parwin Corporation plans to sell 39,000 units during August. If the company has 16,000 units on hand…

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