Revenues budget based on expected demand 2 production

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: ps) 1. Revenues budget (based on expected demand) 2. Production budget 3. Direct material usage and purchases budget 4. Direct manufacturing labor budget 5. Manufacturing overhead budget 6. Ending inventories budget 7. Cost of goods sold budget 8. Nonmanufacturing costs budget 9. Budgeted income statement Chapter 6 Master Budget & Responsibility Accounting Responsibility Sales/Revenue budget Dasani bottles and distributes water from the company’s natural Dasani springs. Dasani markets two products: 12 ounce disposable plastic bottles and 4 gallon reusable plastic containers. bottles For 2008, marketing managers project monthly sales of 400,000 12 For ounce bottles and 100,000 4 gallon containers. Average selling prices are estimated at $0.25 per 12 ounce bottle and $1.50 per 4 gallon container. container. Required: prepare a revenues budget for the year ending 12/31/2008. Required: Selling Price $0.25 $1.50 Units Sold 4,800,000 1,200,000 Total Revenues $1,200,000.00 $1,800,000.00 $3,...
View Full Document

This note was uploaded on 10/26/2009 for the course ACTP 5004 taught by Professor Montesarchio during the Summer '08 term at Nova Southeastern University.

Ask a homework question - tutors are online