Question: X E9-21A (similar to) E Question Help C Cleary Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five



X E9-21A (similar to) E Question Help C Cleary 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: FE (Click the icon to view additional information.) Inventory at the start of the year was 350 planters. The desired inventory of planters at the end of each month should be equal to 10% of the following month's budgeted sales. Each planter requires two 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 $0.25 per pound. Read the requirements. Requirement 1. Prepare a production budget for each month in the first quarter of the yearincluding production in units for each month and for the quarter O Data Table Cleary Manufacturing Production Budget For the Months of January through March January February , March Quarter Number of planters to be sold Unit sales 3,500 Plus: Desired ending inventory January..... February 3,400 Total needed March 3,600 Less: Beginning inventory 4,000 Units to produce May 4, 200 Print Done
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
