Question

Homework: Chapter 9 Homework Save Score: 0 of 3 pts 8 of 12 (7 complete) HW Score: 15.39%, 3.85 of 25 pts XE9-22A (similar to) Question Help Gable Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year show the estimated unit sales of the planters each month to be as follows: (Click the icon to view additional information.) Inventory at the start of the year was 640 planters. The desired inventory of planters at the end of each month should be equal to 20% of the following month's budgeted sales. Each planter requires four pounds of polypropylene (a type of plastic). The company wants to have 10% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.25 per pound. Read the requirements. Requirement 1. Prepare a production budget for each month in the first quarter of the year, including production in units for each month and for the quarter. 0 Requirements Gable Manufacturing Production Budget For the Months of January through March January February 3,200 3,600 March 3,100 Quarter 9,900 Unit sales 1. Prepare a production budget for each month in the first quarter of the year, including production in units for each month and for the quarter. 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, including the pounds of polypropylene required and the total cost of the polypropylene to be purchased. Plus: Desired ending inventory Total needed Less: Beginning inventory Print Done Units to produce Data Table Number of planters to be sold January 3,200 Enter any number in the edit fields and then click Check Answer. February ..... March ..... April ....... May 3,600 3,100 4,500 4,700 parts 2 remaining Clear All heck Answer

Answer 1

Gable Manufacturing Production Budget January February March Total Unit Sales 3200 3600 3100 9900 ADD: desired Ending inventory 720 620 900 900 Total Needed 3920 4220 4000 10800 Less: Beginning inventory 640 720 620 640 Units to Produce 3280 3500 3380 10160 Desired Ending Invntory ( 20% of next year sales) January (3600*20%) February (3100*20%) March (4500*20%) 720 620 900