Question: Bosworth Boxes makes cardboard boxes in three sizessmall, medium, and large. Betty Bosworth currently is working on the monthly budgets for March and April and
Bosworth Boxes makes cardboard boxes in three sizessmall, medium, and large. Betty Bosworth currently is working on the monthly budgets for March and April and provides you with the following information:
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Desired ending inventory for each type of box = 20% of the following months sales.
Required:
Prepare Bosworth Boxes revenue and production budgets for March andApril.
Box Type Smal m Large Budgeted sales for Mach 10,000 25,000 15,000 15,000 30,000 20,000 Budgeted sales for May 20,000 40,000 25,000 Budgeted price per un $2.75 $3.75 $5.00 Budgeted sales for April S2.75$3.75
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Perform the calculations separately for each type of box although we use the same inventory equation ... View full answer
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