Student: Robert Hamlin Date: 10/11/22 Assignment: Chapter 6 1. Dazzling Corporation manufactures and sells two types...
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Student: Robert Hamlin Date: 10/11/22 Assignment: Chapter 6 1. Dazzling Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2020. (Click the icon to view the information for the two products.) Calculate the revenues budget (label it Schedule 1) and the production budget in units (label it Schedule 2) for the year ending December 31, 2020. Begin by calculating the revenues budget (label it Schedule 1) for the year ending December 31, 2020. Schedule 1: Revenues Budget for the Year Ending December 31, 2020 Knox Ayer Total Instructor: Darlene Green-Connor Course: ACCT 300 Cost Accounting & Budgeting (1) (2) (3) Now calculate the production budget in units (label it Schedule 2) for the year ending December 31, 2020. Begin by selecting the labels, then enter the amounts. (5) 1: Data Table (1) O Units Selling price Total revenues Schedule 2: Production Budget (in Units) for the Year Ending December 31, 2020 Knox Expected sales in units Selling price Target ending inventory in units Beginning inventory in units Ayer $ Knox Product 27,200 O Budgeted unit sales 21 $ 1,500 2,700 Ayer 11,000 41 500 500 1 goods inventory S [(3) 42) (0) Know Ayer Total New calculate the production budget in unite abalt Schedule 2) to the year anding December 31, 2020 egin by selecting labels, then enter the amounts 44) (5) 1: Data Table (1) O Selling price Schedule 2: Production Budget (n Units) for the Year Ending December 31, 2020 Knox Expected sales in units Selling price Target ending inventory in units Beginning inventory in units O Add beginning finished-goods inventory O Add target ending finished-goods inventory O Budgeted sales in dollars O Total required units O Units of finished goods to be produced (2) 0 O Add beginning finished-goods inventory O Add target ending finished-goods inventory O Budgeted sales in dollars O Total required units Units of finished goods to be produced (3) O Add beginning finished-goods inventory O Add target ending finished-goods inventory O Budgeted sales in dollars O Total required units Ⓒ Units of finished goods to be produced (4) O Add beginning finished-goods inventory O Add target ending finished-goods inventory O Budgeted sales in dollars Total required units Units of finished goods to be produced (5) O O Add beginning finished-goods inventory O Add target ending finished-goods inventory O Budgeted sales in dollars O Total required units Units of finished goods to be produced Ayer 5 Product Knox 27,200 21 S 1,500 2,700 Ayer 11,000 41 500 500 O Budgeted unit sales O Deduct beginning finished-goods inventory O Deduct target ending finished-goods inventory O Direct materials to be used in production O Budgeted unit sales O Deduct beginning finished-goods inventory O Deduct target ending finished-goods inventory O Direct materials to be used in production O Budgeted unit sales O Deduct beginning finished-goods inventory O Deduct target ending finished-goods inventory O Direct materials to be used in production O Budgeted unit sales O Deduct beginning finished-goods inventory O Deduct target ending finished-goods inventory. O Direct materials to be used in production O Budgeted unit sales O Deduct beginning finished-goods inventory O Deduct target ending finished-goods inventory Direct materials to be used in production Dingdon MO Ca Ka Aye To Now the 30% 2 jan 20 85 1. Data Table 40 Schadeve for the ring 31,33 Using pr the treat Expected sales in Sing Schale Producto get for the Year Ending December 31, 20 Knee budget Feyending Dec 31, 2 gb Asl beging finished goods every Add targetending finished-good inventory Budgeted sale infor Ⓒardu Onts of shed goods to be produced Targetending intory in Beginning inventary in 20 OAM tegning fristed-goody Add get ending feished goods inventory Bugeted in dolar Trequired Ons of the goods to be produced DO De Add beginning the goods inventory Add barglunding finished goods invertiry Bageted sales in dolar Total required units Units of finished goods to be produced Add beginning Inished-goods inventory Add targetending frished-goods inventory Budgeted sales in dolla Total required unt shekhe ng Deer 1. (10 Ads beginning the goods very Add target anding rished goods verkory Obudgeted sales indus Ⓒreed uds Uite of suced Ay S K Ap Product 27,200 Ch 213 5.500 2,700 Apar 11.000 41 21 500 500 O Budged unles O Deduct beginning finished-goods inventory O Deud target ending finished goods inventory Drect materials to be in producto Ctudgiten.unit d Deduct beginning the goods inventory Deduct target ending frated-goods inventory Die materials to be used in production Budgledale Deduct beginning finished-goods invertory O Deduct target anding finished-goods inventory Directors to be din production Budgeted units Deduc beginning ishd-goods inventory Deduct target ending finished-goods inventory Direct mails to be used in production Budged und Deduct beginning nished-goods inventory Deduct target unding finished-goods inventory Drect malls to be used in production Student: Robert Hamlin Date: 10/11/22 Assignment: Chapter 6 1. Dazzling Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2020. (Click the icon to view the information for the two products.) Calculate the revenues budget (label it Schedule 1) and the production budget in units (label it Schedule 2) for the year ending December 31, 2020. Begin by calculating the revenues budget (label it Schedule 1) for the year ending December 31, 2020. Schedule 1: Revenues Budget for the Year Ending December 31, 2020 Knox Ayer Total Instructor: Darlene Green-Connor Course: ACCT 300 Cost Accounting & Budgeting (1) (2) (3) Now calculate the production budget in units (label it Schedule 2) for the year ending December 31, 2020. Begin by selecting the labels, then enter the amounts. (5) 1: Data Table (1) O Units Selling price Total revenues Schedule 2: Production Budget (in Units) for the Year Ending December 31, 2020 Knox Expected sales in units Selling price Target ending inventory in units Beginning inventory in units Ayer $ Knox Product 27,200 O Budgeted unit sales 21 $ 1,500 2,700 Ayer 11,000 41 500 500 1 goods inventory Student: Robert Hamlin Date: 10/11/22 Assignment: Chapter 6 1. Dazzling Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2020. (Click the icon to view the information for the two products.) Calculate the revenues budget (label it Schedule 1) and the production budget in units (label it Schedule 2) for the year ending December 31, 2020. Begin by calculating the revenues budget (label it Schedule 1) for the year ending December 31, 2020. Schedule 1: Revenues Budget for the Year Ending December 31, 2020 Knox Ayer Total Instructor: Darlene Green-Connor Course: ACCT 300 Cost Accounting & Budgeting (1) (2) (3) Now calculate the production budget in units (label it Schedule 2) for the year ending December 31, 2020. Begin by selecting the labels, then enter the amounts. (5) 1: Data Table (1) O Units Selling price Total revenues Schedule 2: Production Budget (in Units) for the Year Ending December 31, 2020 Knox Expected sales in units Selling price Target ending inventory in units Beginning inventory in units Ayer $ Knox Product 27,200 O Budgeted unit sales 21 $ 1,500 2,700 Ayer 11,000 41 500 500 1 goods inventory S [(3) 42) (0) Know Ayer Total New calculate the production budget in unite abalt Schedule 2) to the year anding December 31, 2020 egin by selecting labels, then enter the amounts 44) (5) 1: Data Table (1) O Selling price Schedule 2: Production Budget (n Units) for the Year Ending December 31, 2020 Knox Expected sales in units Selling price Target ending inventory in units Beginning inventory in units O Add beginning finished-goods inventory O Add target ending finished-goods inventory O Budgeted sales in dollars O Total required units O Units of finished goods to be produced (2) 0 O Add beginning finished-goods inventory O Add target ending finished-goods inventory O Budgeted sales in dollars O Total required units Units of finished goods to be produced (3) O Add beginning finished-goods inventory O Add target ending finished-goods inventory O Budgeted sales in dollars O Total required units Ⓒ Units of finished goods to be produced (4) O Add beginning finished-goods inventory O Add target ending finished-goods inventory O Budgeted sales in dollars Total required units Units of finished goods to be produced (5) O O Add beginning finished-goods inventory O Add target ending finished-goods inventory O Budgeted sales in dollars O Total required units Units of finished goods to be produced Ayer 5 Product Knox 27,200 21 S 1,500 2,700 Ayer 11,000 41 500 500 O Budgeted unit sales O Deduct beginning finished-goods inventory O Deduct target ending finished-goods inventory O Direct materials to be used in production O Budgeted unit sales O Deduct beginning finished-goods inventory O Deduct target ending finished-goods inventory O Direct materials to be used in production O Budgeted unit sales O Deduct beginning finished-goods inventory O Deduct target ending finished-goods inventory O Direct materials to be used in production O Budgeted unit sales O Deduct beginning finished-goods inventory O Deduct target ending finished-goods inventory. O Direct materials to be used in production O Budgeted unit sales O Deduct beginning finished-goods inventory O Deduct target ending finished-goods inventory Direct materials to be used in production Dingdon MO Ca Ka Aye To Now the 30% 2 jan 20 85 1. Data Table 40 Schadeve for the ring 31,33 Using pr the treat Expected sales in Sing Schale Producto get for the Year Ending December 31, 20 Knee budget Feyending Dec 31, 2 gb Asl beging finished goods every Add targetending finished-good inventory Budgeted sale infor Ⓒardu Onts of shed goods to be produced Targetending intory in Beginning inventary in 20 OAM tegning fristed-goody Add get ending feished goods inventory Bugeted in dolar Trequired Ons of the goods to be produced DO De Add beginning the goods inventory Add barglunding finished goods invertiry Bageted sales in dolar Total required units Units of finished goods to be produced Add beginning Inished-goods inventory Add targetending frished-goods inventory Budgeted sales in dolla Total required unt shekhe ng Deer 1. (10 Ads beginning the goods very Add target anding rished goods verkory Obudgeted sales indus Ⓒreed uds Uite of suced Ay S K Ap Product 27,200 Ch 213 5.500 2,700 Apar 11.000 41 21 500 500 O Budged unles O Deduct beginning finished-goods inventory O Deud target ending finished goods inventory Drect materials to be in producto Ctudgiten.unit d Deduct beginning the goods inventory Deduct target ending frated-goods inventory Die materials to be used in production Budgledale Deduct beginning finished-goods invertory O Deduct target anding finished-goods inventory Directors to be din production Budgeted units Deduc beginning ishd-goods inventory Deduct target ending finished-goods inventory Direct mails to be used in production Budged und Deduct beginning nished-goods inventory Deduct target unding finished-goods inventory Drect malls to be used in production Student: Robert Hamlin Date: 10/11/22 Assignment: Chapter 6 1. Dazzling Corporation manufactures and sells two types of decorative lamps, Knox and Ayer. The following data are available for the year 2020. (Click the icon to view the information for the two products.) Calculate the revenues budget (label it Schedule 1) and the production budget in units (label it Schedule 2) for the year ending December 31, 2020. Begin by calculating the revenues budget (label it Schedule 1) for the year ending December 31, 2020. Schedule 1: Revenues Budget for the Year Ending December 31, 2020 Knox Ayer Total Instructor: Darlene Green-Connor Course: ACCT 300 Cost Accounting & Budgeting (1) (2) (3) Now calculate the production budget in units (label it Schedule 2) for the year ending December 31, 2020. Begin by selecting the labels, then enter the amounts. (5) 1: Data Table (1) O Units Selling price Total revenues Schedule 2: Production Budget (in Units) for the Year Ending December 31, 2020 Knox Expected sales in units Selling price Target ending inventory in units Beginning inventory in units Ayer $ Knox Product 27,200 O Budgeted unit sales 21 $ 1,500 2,700 Ayer 11,000 41 500 500 1 goods inventory
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Financial Management for Decision Makers
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