Question

RE22-23 (similar to) Question Help Totum Company manufactures drinking glasses. One unit is a package of eight glasses, which sets for $10.Tatum project sales for April will be 3.000 packages, with sales increasing ty 250 packages per month for May June and on April 1, Tatum has 400 packages on hand but desires to maintain an ending invertory of 20% of the next mont's sales Prepare a sales budget and a production budget for Totum for April May, and June Total June 3.500 10 750 10 97500 35.000 Begin by preparing a sales budget for April, May, and June Tulum Company Sales Budget April, May, and June Apre May Budgeted packages to be sold 3.000 3,250 Sales price per package 10 10 $ Total sales 30,000 $32.500 5 Now prepare a production budget for Apr May, and June Tutum Company Production Budget April, May, and June April Budgeted packages to be sold 3000 Plus Desired packages in ending inventory Total packages needed Less Packages in beginning inventory Budgeted packages to be produced May June Total 3250 3500 950 Choose from any ist or enter any number in the input fields and then click Check Answer

Answer 1

Thank you.

Tatum Company Sales Budget April May and June. April May 3250 Budgeted package to be soy 3,000 sales price pel package June Toted 3500 9750 $10 $10 $10 $10 To tal sales $ 321500 $ 30,000 $ 35,000 $ 97,500 Taturon company Production Budget April, May and June April May 3250 - Total June 3500 9.750 2100 750 700 11 850 Budgeted package to be sold 3000 plus: Desired partage ending inventy 650 [20% of next month sale] Total packages needed 3650 1250 3950 B 1750 700 U00 650 lest! Packages in begining Inventing 3550 10100 3300 3250 Budgeted packages to be Produced.

For any clarification please comment