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 Question 15 What is the proper preparation sequencing of the following budgets ? 1 - Budgeted Balance Sheet 2 - Sales Budget