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Production budget Weightless Inc. produces a small and large version of its popular electronic scale. The anticipated unit sales for the scales by sales region are as follows: Bath Scale Gym Scale East Region unit sales 55,000 30,000 West Region unit sales 95,000 60,000 Total 150,000 90,000 The finished goods inventory estimated for October 1 for the Bath and Gym scale models is 18,000 and 10,000 units, respectively. The desired finished goods inventory for October 31 for the Bath and Gym scale models is 12,500 and 8,000 units, respectively. Prepare a production budget for the Bath and Gym scales for the month ended October 31.

BuyFind

Accounting

27th Edition
WARREN + 5 others
Publisher: Cengage Learning,
ISBN: 9781337272094
BuyFind

Accounting

27th Edition
WARREN + 5 others
Publisher: Cengage Learning,
ISBN: 9781337272094

Solutions

Chapter
Section
Chapter 22, Problem 22.5EX
Textbook Problem

Production budget

Weightless Inc. produces a small and large version of its popular electronic scale. The anticipated unit sales for the scales by sales region are as follows:

  Bath Scale Gym Scale
East Region unit sales 55,000 30,000
West Region unit sales 95,000 60,000
Total 150,000 90,000

The finished goods inventory estimated for October 1 for the Bath and Gym scale models is 18,000 and 10,000 units, respectively. The desired finished goods inventory for October 31 for the Bath and Gym scale models is 12,500 and 8,000 units, respectively.

  Prepare a production budget for the Bath and Gym scales for the month ended October 31.

Expert Solution
To determine

Production Budget shows the quantities of units that a company must produce to meet the budgeted sales and inventory.

To Prepare: The production budget for the bath and gym scales for the month ended October 31.

Explanation of Solution

The following table shows theproduction budget for the bath and gym scales.

Company W
Production Budget
For The Month Ending October 31
Particulars Units
Bath Scale Gym Scale
Expected units to be sold 150,0...

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Chapter 22 Solutions

Accounting
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