Messinger Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first...
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Messinger Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first months of the upcoming year show the estimated unit sales of the planters each month to be as follows: (Click the icon to view additional information.) Inventory at the start of the year was 775 planters and 1,875 kg of polypropeylene (a type of plastic). The desired inventory of planters at the end of each month should be equal to 25% of the following month's budgeted sales. Each planter requires 3 kg of polypropylene. The company wants to have 20% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.20 per kilogram. Requirements Requirement 1. Prepare a production budget for each month in the first quarter of the year, including production in units for each month and for the quarter. (Use parentheses or a minus sign for negative beginning inventory balances. Round all answers up to the nearest number.) x i - Data Table Messinger Manufacturing Production Budget For the Months of January through March January February March Quarter Number of planters to be sold Unit sales 3,100 Plus: Desired ending inventory 3,200 Total needed Less: Beginning inventory 3,000 4,200 4,400 Units to produce January February March April May Print Done Messinger Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first months of the upcoming year show the estimated unit sales of the planters each month to be as follows: (Click the icon to view additional information.) Inventory at the start of the year was 775 planters and 1,875 kg of polypropeylene (a type of plastic). The desired inventory of planters at the end of each month should be equal to 25% of the following month's budgeted sales. Each planter requires 3 kg of polypropylene. The company wants to have 20% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.20 per kilogram. Requirements Requirement 1. Prepare a production budget for each month in the first quarter of the year, including production in units for each month and for the quarter. (Use parentheses or a minus sign for negative beginning inventory balances. Round all answers up to the nearest number.) x i - Data Table Messinger Manufacturing Production Budget For the Months of January through March January February March Quarter Number of planters to be sold Unit sales 3,100 Plus: Desired ending inventory 3,200 Total needed Less: Beginning inventory 3,000 4,200 4,400 Units to produce January February March April May Print Done
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Related Book For
Managerial Accounting
ISBN: 978-0176223311
1st Canadian Edition
Authors: Karen Wilken Braun, Wendy Tietz, Walter Harrison, Rhonda Pyp
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