The Volt Battery Company has forecast its sales in units as follows: January 2,000 February 1,850...
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The Volt Battery Company has forecast its sales in units as follows: January 2,000 February 1,850 March 1,800 April 2,300 May 2,550 June July 2,700 2,400 Volt Battery always keeps an ending inventory equal to 140 percent of the next month's expected sales. The ending inventory for December (January's beginning inventory) is 2,800 units, which is consistent with this policy. Materials cost $15 per unit and are paid for in the month after purchase. Labor cost is $8 per unit and is paid in the month the cost is incurred. Overhead costs are $12,000 per month. Interest of $9,200 is scheduled to be paid in March, and employee bonuses of $14,400 will be paid in June. a. Prepare a monthly production schedule for January through June. Volt Battery Company Production Schedule January February March April May June July Projected unit sales Desired ending inventory Total units required 0 0 0 0 0 0 Beginning inventory Units to be produced 0 0. 0 0 0 The Volt Battery Company has forecast its sales in units as follows: January 2,000 February 1,850 March 1,800 April 2,300 May 2,550 June July 2,700 2,400 Volt Battery always keeps an ending inventory equal to 140 percent of the next month's expected sales. The ending inventory for December (January's beginning inventory) is 2,800 units, which is consistent with this policy. Materials cost $15 per unit and are paid for in the month after purchase. Labor cost is $8 per unit and is paid in the month the cost is incurred. Overhead costs are $12,000 per month. Interest of $9,200 is scheduled to be paid in March, and employee bonuses of $14,400 will be paid in June. a. Prepare a monthly production schedule for January through June. Volt Battery Company Production Schedule January February March April May June July Projected unit sales Desired ending inventory Total units required 0 0 0 0 0 0 Beginning inventory Units to be produced 0 0. 0 0 0
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Related Book For
Foundations of Financial Management
ISBN: 978-1259194078
15th edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
Posted Date:
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