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# e9-3 - Name Date Instructor Course rd Managerial Accounting...

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FileName: c416bf25ef5835c20a6011f58f5b4d46e7ae4091.xls, Tab: Exercise E9-3, Page 1 of 2, 12/28/2011, 19:01:36 Name: Date: Instructor: Course: Quarter 1 5,000 Quarter 3 8,000 Quarter 2 7,000 Quarter 4 10,000 The January 1, 2005, inventory of HD-240 is 2,000 units. Management desires an ending inventory each quarter equal to 40% of the next quarter's sales. Sales in the first quarter of 2006 are expected to be 30% higher than the sales in the same quarter in 2005. Instructions: Prepare quarterly production budgets for each quarter and in total for 2005. WAYANS COMPANY Production Budget For the Year Ending December 31, 2005 Product HD-240 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Year Expected unit sales Amount Amount Amount Amount Title Formula Formula Formula Formula Title Formula Formula Formula Formula Title Amount Formula Formula Formula Title Formula Formula Formula Formula Formula Managerial Accounting, 3 rd Edition, by Weygandt, Kieso, and Kimmel Solving Managerial Accounting Problems Using Microsoft Excel for Windows by Rex A Schildhouse Exercise E9-3, Wayans Company produces and sells automobile batteries, the heavy-duty HD-240. The 2005 sales budget is as follows:

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e9-3 - Name Date Instructor Course rd Managerial Accounting...

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