Question

Rucker Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $15. Rucker projects sales for April will be 4,000 packages, with sales increasing by 100 packages per month for May, June, and July. On April 1, Rucker has 175 packages on hand but desires to maintain an ending inventory of 10% of the next month's sales. Prepare a sales budget and a production budget for Rucker for April, May, and June April, May, and June April Total Budgeted packages to be sold 4,000 4,100 Sales price per package 51.500 184.500 Total sales May 12300 Now prepare a production budget for April, May, and June. Rucker Company Production Budget April, May, and June April May June Total Plus: Total packages needed Budgeted packages to be produced Choose from any list or enter any number in the input fields and then click Check Answer All parts showing Check Answer Clear All

Answer 1

Rucker Company Production Budget Total April May June Budgeted Packages to be sold ADD: Desired Packages Ending inventory Total Packages Needed Less: Packages in Beginning inventory Budgeted Packagres to be Prodcued 4000 4100 4200 12300 410 420 430 430 4410 4520 4630 12730 420 175 175 410 4235 4110 4210 12555 Desired Ending Invntory ( 10% of next year sales) 410 April 4100*10% May 4200*10% 420 430 4300*10% June