Denise Seals Problem 8-24

Denise Seals Problem 8-24 - 8-24NamEnter the appropriate...

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Unformatted text preview: 8-24NamEnter the appropriate numbers in the shaded (gray) cells. An asterisk (*) indicates an incorrect number in thBriggs ManufacturingFor the Quarter Ended March 31, 20XX1.Schedule 1: Sales BudgetJanuaryFebruaryMarchTotalUnits40,000 50,00060,000150,000Selling price$215 $215$215$215Sales$8,600,000 $10,750,000$12,900,000$32,250,0002.Schedule 2: Production BudgetJanuaryFebruaryMarchTotalSales (Schedule 1)40,000 50,000 60,000 150,000 Desired end. inventory40,000 48,000 48,000 48,000 Total needs80,000 98,000 108,000 198,000 Less: Beg. Inventory32,000 40,000 48,000 32,000 Units to be produced48,000 58,000 60,000 166,000 3.Schedule 3: Direct Materials Purchases BudgetJanuaryFebruaryMaMetalComponentsMetalComponentsMetalUnits to be produced(Schedule 2)48,000 48,000 58,000 58,000 60,000 Direct materialsper unit (lbs.)10 6 10 6 10 Production needs480,000 288,000 580,000 348,000 600,000 Desired end. inventory*46,400 Total needs526,400 Less: Beg. inventoryDirect materials to bepurchasedCost per pound...
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This note was uploaded on 03/25/2010 for the course MBAC 6605 taught by Professor Smith during the Spring '10 term at Baylor.

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Denise Seals Problem 8-24 - 8-24NamEnter the appropriate...

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