Chapter 7 - EXERCISES E7-1 W. Smith Manufacturing Co. Sales...

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EXERCISES E7-1 W. Smith Manufacturing Co. Sales Budget For the Month Ended June 30, 20-- Unit Sales Unit Selling Total Region Volume Price Sales East 15,000 $25 $375,000 West 5,000 $25 125,000 Total 20,000 $500,000 W. Smith Manufacturing Co. Production Budget For the Month Ended June 30, 20-- Units Sales (from sales budget). ................................................ 20,000 Plus desired ending inventory, June 30. ........................... 3,000 Total. .................................................................................. 23,000 Less estimated beginning inventory, June 1. .................... 2,000 Total production. ................................................................ 21,000 E7-2 C. Coles Manufacturing Co. a. Production Budget For the Month Ended March 31, 20-- Units to be sold. ................................................................. 20,000 Ending inventory required. ................................................ 1,000 Total. .................................................................................. 21,000 Beginning inventory. .......................................................... 3,000 Units to be manufactured during March. ........................... 18,000 b. C. Coles Manufacturing Co. Direct Materials Budget For the Month Ended March 31, 20-- Material A Material B Materials needed for production of 18,000 units. ... 18,000 gal. 18,000 lbs. Ending inventory required. ...................................... 1,000 1,000 Total. ....................................................................... 19,000 gal. 19,000 lbs. Beginning inventory. ............................................... 500 1,000
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Units to be purchased. ............................................ 18,500 gal. 18,000 lbs. Unit cost.
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This note was uploaded on 11/29/2009 for the course ACC ACC300 taught by Professor Jones during the Spring '09 term at Central Pennsylvania.

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Chapter 7 - EXERCISES E7-1 W. Smith Manufacturing Co. Sales...

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