Question 10
The production budget shows expected unit sales are 100,000 . The required production units are 104,000 . What are the beginning and desired ending finished goods units , respectively ?
Question 11
A company budgeted unit sales of 204,000 units for January , 2013 and 240,000 units for February 2013 . The company has a policy of having an inventory of units on hand at the end of each month equal to 30 % of next month ' s budgeted unit sales . If there were 61,200 units of inventory on hand on December 31 , 2012 , how many units should be produced in January , 2013 in order for the company to meet its goals ? Question 12
The following information is taken from the production budget for the first quarter :
Beginning inventory in units |
1,200 |
Sales budgeted for the quarter |
456,000 |
Production capacity in units |
472,000 |
How many finished goods units should be produced during the quarter if the company desires 3,200 units available to start the next quarter ? Question 13
A company determined that the budgeted cost of producing a product is $ 30 per unit . On June 1 , there were 80,000 units on hand , the sales department budgeted sales of 300,000 units in June , and the company desires to have 120,000 units on hand on June 30 . The budgeted cost of goods manufactured for June would be Question 14
The single most important output in preparing financial budgets is the