Homework Answers
| Second Quarter | Third Quarter | |
|---|---|---|
|
Budgeted ending inventory (units) Add: Budgeted unit sales for the quarter |
45400 500000 |
36650 454000 |
|
Required units of available production Less: Budgeted beginning inventory (units) |
545400 50000 |
490650 45400 |
| Units to be produced | 495400 | 445250 |
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Hectro Company manufactures an Innovative automobile transmission for electric cars. Management predicts that ending finished goods...
Electro Company manufactures an innovative automobile transmission for electric cars. Management predicts that ending finished goods...
Electro Company manufactures an innovative automobile transmission for electric cars. Management predicts that ending finished goods inventory for the first quarter will be 83,400 units. The following unit sales of the transmissions are expected during the rest of the year: second quarter, 417,000 units; third quarter, 476,000 units; and fourth quarter, 276,500 units. Company policy calls for the ending finished goods inventory of a quarter to equal 20% of the next quarter's budgeted sales. Prepare a production budget for both...
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Electro Company manufactures an innovative automobile transmission for electric cars. Management predicts that ending finished goods inventory for the first quarter will be 132,000 units. The following unit sales of the transmissions are expected during the rest of the year: second quarter, 220,000 units; third quarter, 318,000 units, and fourth quarter, 243,000 units. Company policy calls for the ending finished goods inventory of a quarter to equal 60% of the next quarter's budgeted sales. Prepare a production budget for both...
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Electro Company manufactures an innovative automobile transmission for electric cars. Management predicts that ending finished goods inventory for the first quarter will be 170.500 units. The following unit sales of the transmissions are expected during the rest of the year: second quarter, 341,000 units; third quarter, 219,000 units, and fourth quarter, 266,000 units. Company policy calls for the ending finished goods inventory of a quarter to equal 50% of the next quarter's budgeted sales. Prepare a production budget for both...
Electro Company manufactures an innovative automobile transmission for electric cars. Management predicts that ending finished goods...
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Electro Company manufactures an innovative automobile transmission for electric cars. Management predicts that ending finished goods...
Electro Company manufactures an innovative automobile
transmission for electric cars. Management predicts that ending
finished goods inventory for the first quarter will be 277,800
units. The following unit sales of the transmissions are expected
during the rest of the year: second quarter, 463,000 units; third
quarter, 317,000 units; and fourth quarter, 499,000 units. Company
policy calls for the ending finished goods inventory of a quarter
to equal 60% of the next quarter's budgeted sales.
Prepare a production budget for both...
HW 7: Chapter 20 Electro Company manufactures an innovative automobile transmission for electric cars. Management predicts...
HW 7: Chapter 20 Electro Company manufactures an innovative automobile transmission for electric cars. Management predicts that ending finished goods inventory for the first quarter will be 186,500 units. The following unit sales of the transmissions are expected during the rest of the year: second quarter, 373.000 units; third quarter, 332,000 units; and fourth quarter, 472,000 units. Company policy calls for the ending finished goods inventory of a quarter to equal 50 % of the next quarter's budgeted sales 14...
Check my work Electro Company manufactures an innovative automobile transmission for electric cars. Management predi...
Check my work Electro Company manufactures an innovative automobile transmission for electric cars. Management predicts that ending finished goods inventory for the first quarter will be 107,700 units. The following unit sales of the transmissions are expected during the rest of the year: second quarter, 359,000 units; third quarter, 255,000 units; and fourth quarter, 207,000 units. Company policy calls for the ending finished goods inventory of a quarter to equal 30 % of the next quarter's budgeted sales. Prepare a...
Zira Co. reports the following production budget for the next four months. April July 607 May June Production (units) 5...
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Electro Company budgets production of 570,000 transmissions in the second quarter and 645,000 transmissions in the thir...
Electro Company budgets production of 570,000 transmissions in the second quarter and 645,000 transmissions in the third quarter. Each transmission requires 0.8 pounds of a key raw material. Electro Company aims to end each quarter with an ending inventory of direct materials equal to 20% of next quarter's budgeted materials requirements. Beginning inventory of this raw material is 91,200 pounds. Direct materials cost $1.82 per pound. Prepare a direct materials budget for the second quarter. ELECTRO COMPANY Direct Materials Budget...
What if Clapton Company in Example 9-1 changed their desired ending inventory level to equal 14.7%...
What if Clapton Company in Example 9-1 changed their desired ending inventory level to equal 14.7% of next quarter's budgeted sales instead of 20%. How many budgeted units would be produced in the 3rd quarter (July-September)? Round your answer to the nearest whole unit. Example #1 PRODUCTION BUDGET Clapton Company's sales budget shows the following projections for the year ending December 31, 2017: Quarters First (Jan-March) Second (April - June) Third (July-Sept) Fourth (Oct-Dec) Total Guitars 30,000 40,000 22,500 27,500...
Electro Company manufactures an innovative automobile transmission for electric cars. Management predicts that ending finished goods inventory for the first quarter will be 83,400 units. The following unit sales of the transmissions are expected during the rest of the year: second quarter, 417,000 units; third quarter, 476,000 units; and fourth quarter, 276,500 units. Company policy calls for the ending finished goods inventory of a quarter to equal 20% of the next quarter's budgeted sales. Prepare a production budget for both...
Electro Company manufactures an innovative automobile transmission for electric cars. Management predicts that ending finished goods inventory for the first quarter will be 132,000 units. The following unit sales of the transmissions are expected during the rest of the year: second quarter, 220,000 units; third quarter, 318,000 units, and fourth quarter, 243,000 units. Company policy calls for the ending finished goods inventory of a quarter to equal 60% of the next quarter's budgeted sales. Prepare a production budget for both...
Electro Company manufactures an innovative automobile transmission for electric cars. Management predicts that ending finished goods inventory for the first quarter will be 170.500 units. The following unit sales of the transmissions are expected during the rest of the year: second quarter, 341,000 units; third quarter, 219,000 units, and fourth quarter, 266,000 units. Company policy calls for the ending finished goods inventory of a quarter to equal 50% of the next quarter's budgeted sales. Prepare a production budget for both...
Electro Company manufactures an innovative automobile transmission for electric cars. Management predicts that ending finished goods inventory for the first quarter will be 157,000 units. The following unit sales of the transmissions are expected during the rest of the year second quarter, 314,000 units, third quarter, 292,000 units and fourth quarter, 497,000 units. Company policy calls for the ending finished goods inventory of a quarter to equal 50% of the next quarter's budgeted sales. Prepare a production budget for both...
Electro Company manufactures an innovative automobile
transmission for electric cars. Management predicts that ending
finished goods inventory for the first quarter will be 277,800
units. The following unit sales of the transmissions are expected
during the rest of the year: second quarter, 463,000 units; third
quarter, 317,000 units; and fourth quarter, 499,000 units. Company
policy calls for the ending finished goods inventory of a quarter
to equal 60% of the next quarter's budgeted sales.
Prepare a production budget for both...
HW 7: Chapter 20 Electro Company manufactures an innovative automobile transmission for electric cars. Management predicts that ending finished goods inventory for the first quarter will be 186,500 units. The following unit sales of the transmissions are expected during the rest of the year: second quarter, 373.000 units; third quarter, 332,000 units; and fourth quarter, 472,000 units. Company policy calls for the ending finished goods inventory of a quarter to equal 50 % of the next quarter's budgeted sales 14...
Check my work Electro Company manufactures an innovative automobile transmission for electric cars. Management predicts that ending finished goods inventory for the first quarter will be 107,700 units. The following unit sales of the transmissions are expected during the rest of the year: second quarter, 359,000 units; third quarter, 255,000 units; and fourth quarter, 207,000 units. Company policy calls for the ending finished goods inventory of a quarter to equal 30 % of the next quarter's budgeted sales. Prepare a...
Zira Co. reports the following production budget for the next four months. April July 607 May June Production (units) 594 635 627 Each finished unit requires four pounds of raw materials and the company wants to end each month with raw materials inventory equal to 20% of next month's production needs. Beginning raw materials inventory for April was 475 pounds. Assume direct materials cost $4 per pound. Prepare a direct materials budget for April, May, and June. (Round your intermediate...
Electro Company budgets production of 570,000 transmissions in the second quarter and 645,000 transmissions in the third quarter. Each transmission requires 0.8 pounds of a key raw material. Electro Company aims to end each quarter with an ending inventory of direct materials equal to 20% of next quarter's budgeted materials requirements. Beginning inventory of this raw material is 91,200 pounds. Direct materials cost $1.82 per pound. Prepare a direct materials budget for the second quarter. ELECTRO COMPANY Direct Materials Budget...
What if Clapton Company in Example 9-1 changed their desired ending inventory level to equal 14.7% of next quarter's budgeted sales instead of 20%. How many budgeted units would be produced in the 3rd quarter (July-September)? Round your answer to the nearest whole unit. Example #1 PRODUCTION BUDGET Clapton Company's sales budget shows the following projections for the year ending December 31, 2017: Quarters First (Jan-March) Second (April - June) Third (July-Sept) Fourth (Oct-Dec) Total Guitars 30,000 40,000 22,500 27,500...
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