1 NAKE's sales budget for basketballs for the next months: Jan 500,000 Units 4 Feb 600,000...
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1 NAKE's sales budget for basketballs for the next months: Jan 500,000 Units 4 Feb 600,000 Mar They sell each basketball for $12 They want ending inventory to be 30% of the next month's sales units. Beginning Finished goods inventory is 100,000 units. 400,000 They want ending raw material inventory to be 10% of the next month's direct material need. Prepare the Sales Budget for Jan-Mar Jan Feb Units It takes 2 pounds of rubber to make each basketball. That is the only Direct Material Beginning Direct Material inventory is 10,000 pounds of rubber Revenue One pound of rubber cost them $2 Each basketball takes 30 minutes of labor and labor cost is $12 per hour Mar 2 Prepare the Unit Production Budget in Units for Jan-Mar Jan Feb Mar Apr 700,000 3 Prepare the Raw Materials Budget for Jan-Feb in pounds and dollars Jan Feb Prepare the direct labor budget for Jan, Feb and Mar Jan Feb Apr Mar Finished Goods 1 NAKE's sales budget for basketballs for the next months: Jan 500,000 Units 4 Feb 600,000 Mar They sell each basketball for $12 They want ending inventory to be 30% of the next month's sales units. Beginning Finished goods inventory is 100,000 units. 400,000 They want ending raw material inventory to be 10% of the next month's direct material need. Prepare the Sales Budget for Jan-Mar Jan Feb Units It takes 2 pounds of rubber to make each basketball. That is the only Direct Material Beginning Direct Material inventory is 10,000 pounds of rubber Revenue One pound of rubber cost them $2 Each basketball takes 30 minutes of labor and labor cost is $12 per hour Mar 2 Prepare the Unit Production Budget in Units for Jan-Mar Jan Feb Mar Apr 700,000 3 Prepare the Raw Materials Budget for Jan-Feb in pounds and dollars Jan Feb Prepare the direct labor budget for Jan, Feb and Mar Jan Feb Apr Mar Finished Goods
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SOLUTION Particulars Units A Selling price per Basket ball B Revenue AB Particulars Sales units ... View the full answer
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
Posted Date:
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