The sales department of F. Pollard Manufacturing Co. has forecast sales in March to be 25,000 units. Additional information follows: Finished goods inventory, March 1................................. 5,000 units. Finished goods inventory required, March 31................. 2,000 units Inventory Required inv. Standard March1 March 31 Cost a.One gallon per unit 600 gal 1,500gal $ 4 per gal b. One poundper unit 1,500 lb 1,500lb $ 3 per lb Prepare the following: a. A production budget for March (in units). b. A direct materials budget for the month (in units and dollars).
The sales department of F. Pollard Manufacturing Co. has
Finished goods inventory, March 1................................. 5,000 units.
Finished goods inventory required, March 31................. 2,000 units
Inventory Required inv. Standard March1 March 31 Cost
a.One gallon per unit 600 gal 1,500gal $ 4 per gal
b. One poundper unit 1,500 lb 1,500lb $ 3 per lb
Prepare the following:
a. A production budget for March (in units).
b. A direct materials budget for the month (in units and dollars).
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