Question: someone please help me solve this. (show all work/calculations for steps of requirement 1 and 2 as i need to review on how to find



Osborne Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five 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 850 planters. 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 three pounds of polypropylene (a type of plastic). 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 pound. Read the 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. Osborne Manufacturing Production Budget For the Months of January through March January February March Quarter Unit sales 3,400 3,800 3,300 10,500 950 825 1.225 Plus: Desired ending inventory 1,225 Total needed 4,350 4,625 11,725 850 950 825 850 Less: Beginning inventory 3,500 3,675 3,700 10.875 Units to produce 525 F Osborne Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of Requirement 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, including the pounds of polypropylene required and the total cost of the polypropylene to be purchased. Start by preparing the direct materials budget through the total quantity needed, then complete the budget. Osborne Manufacturing Direct Materials Budget For the Months of January through March January February March Quarter Units to be produced 3,500 3,675 3,700 10,875 3 3 Multiply by: Quantity of direct materials needed per unit 3 Quantity needed for production 10,500 11,025 11,100 32,625 2,205 2,220 2,895 2,895 Plus: Desired ending inventory of direct materials Total quantity needed 12,705 13,245 13,995 35,520 2,100 2,205 2,220 2,100 Less: Beginning inventory of direct materials 10,605 11.040 Quantity to purchase 11.775 33,420 $ 0.20 $ 0.20 $ 0.20 $ 0.20 Multiply by: Cost per pound 2,121 $ 2,200 $ 2,355 5 6,684 Total cost of direct material purchases 3 $ me Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five month coming year show the estimated unit sales of the planters each month to be as follows: Click the icon to view addity ory at the start of the year ng month's budgeted sale Data table h should be equal to 25% of Cancel company wants to have 2 polypropylene required fo costs $0.20 per pound. the requirements. Number of planters to be sold irement 2. Prepare a dired the year, including the poun January 3,400 ypropylene required and til February 3,800 by preparing the direct ma March 3,300 April.... 4,900 May 4,600 .. ....... ....... Luarter 10,875 Done its to be produced Print altiply by: Quantity of direct Lantity needed for production Desired ending inventory of direct materials 32,625 2,895 2,205 2,220 2,895 US: 12 705 13245 13 995 2552 ufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five year show the estimated unit sales of the planters each month to be as follows: icon to view additional information.) he start of the year was 850 planters. The desired inventory of planters at the end of each month should be equal to th's antst pyler Requirements uirem xpo per uding t 2. P enero aring 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. 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, including the pounds of polypropylene required and the total cost of the polypropylene to be purchased. Print Done produd 10,500 2,205 Qud eeded for production Desired ending inventory of direct materials ti norint 11,025 2,220 11,100 2,895 32,625 2,895 35.520 12 705 13 245 13 995
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