On January 1,2025, the Sheridan Company budget committee has reached agreement on the following data...
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Accounting
On January the Sheridan Company budget committee has reached agreement on the following data for the months ending June Sales units: Ending raw materials inventory: Ending finished goods inventory: Thirdquarter production: First quarter ; second quarter ; third quarter of the next quarter's production requirements. of the next quarter's expected sales units. units. The ending raw materials and finished goods inventories at December follow the same percentage relationships to production and sales that occur in Three pounds of raw materials are required to make each unit of finished goods. Raw materials purchased are expected to cost $ per pound. a Prepare a production budget by quarters for the month period ended June SHERIDAN COMPANY Production Budget For the Six Months Ending June Quarter Six Months
On January the Sheridan Company budget committee has reached agreement on the following data for the months ending
June
Sales units:
Ending raw materials inventory:
Ending finished goods inventory:
Thirdquarter production:
First quarter ; second quarter ; third quarter
of the next quarter's production requirements.
of the next quarter's expected sales units.
units.
The ending raw materials and finished goods inventories at December follow the same percentage relationships to
production and sales that occur in Three pounds of raw materials are required to make each unit of finished goods. Raw
materials purchased are expected to cost $ per pound.
a
Prepare a production budget by quarters for the month period ended June
SHERIDAN COMPANY
Production Budget
For the Six Months Ending June
Quarter
Six
Months
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