It was autumn, Donna's favorite time of year-and busiest time of year, too. She works at...
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It was autumn, Donna's favorite time of year-and busiest time of year, too. She works at a company that produces apple-pie filling: sweet, yet a little tart, with just a touch of cinnamon-so tasty! And withripe apples from local suppliers being in season, her company is ramping up production. The followirg expectations are in place for this last quarter of the year. Prepare the production budget for apple-pie filling for the fourth quarter. October November Dec October November December January Sales forecast (units) 17,000 27,000 20,000 11,000 Additional information: Budgeted selling price is $3 per unit. Desired ending inventory of finished goods is 20% of next month's sales. Desired ending inventory of apples is 25% of next month's production needs for October and November, and 10% of next month's production needs for December. December Quarter Desired ending inventory of spice mix is 20% of next month's production needs. Each finished unit requires 2 pounds of apples. Each finished unit requires % cup of spice mix. Cost per pound of apples is $0.40. Cost per cup of spice mix is $0.30. Estimated production for January is 9,000 units. On September 30, the company held exactly its desired levels for both DM Inventory and FG Inventory. It was autumn, Donna's favorite time of year-and busiest time of year, too. She works at a company that produces apple-pie filling: sweet, yet a little tart, with just a touch of cinnamon-so tasty! And withripe apples from local suppliers being in season, her company is ramping up production. The followirg expectations are in place for this last quarter of the year. Prepare the production budget for apple-pie filling for the fourth quarter. October November Dec October November December January Sales forecast (units) 17,000 27,000 20,000 11,000 Additional information: Budgeted selling price is $3 per unit. Desired ending inventory of finished goods is 20% of next month's sales. Desired ending inventory of apples is 25% of next month's production needs for October and November, and 10% of next month's production needs for December. December Quarter Desired ending inventory of spice mix is 20% of next month's production needs. Each finished unit requires 2 pounds of apples. Each finished unit requires % cup of spice mix. Cost per pound of apples is $0.40. Cost per cup of spice mix is $0.30. Estimated production for January is 9,000 units. On September 30, the company held exactly its desired levels for both DM Inventory and FG Inventory.
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Related Book For
An Introduction to Statistical Methods and Data Analysis
ISBN: 978-1305269477
7th edition
Authors: R. Lyman Ott, Micheal T. Longnecker
Posted Date:
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