Symphony Electronics produces wireless speakers for outdoor use on patios, decks, etc. Their most popular model is the All Weather and requires four separate XL12 components per unit. The company is now planning raw material needs for the second quarter. Sales of the All Weather are the highest in the second quarter of each year as customers prepare for the summer season. The company has the following inventory requirements: a. The finished goods inventory on hand at the end of each month must be equal to 16,500 units plus 10% of the next month's sales. The finished goods inventory on March 31 is budgeted to be 26,900 units. t Tool iFrame ds for raw materials. The raw materials inventory on March 31 for XL 12 is budgeted to be 98,600 components. c. The company maintains no work in process inventories. A sales budget for the All Weather speaker is as follows: Required: 1. Prepare a production budget for the All Weather for April, May, June and July. 2. Prepare a direct materials purchases budget showing the quantity of XL12 components to be purchased for April, May and June and for the quarter in total
Other questions asked by students
A statistics professor claims that the average score on the Final Exam was 83. A group...
150.0 mL of 0.27 M HF with 230.0 mL of 0.32 M NaF Express your answer...
A conducting rectangular loop of mass, M, resistance R, and dimensions w x l falls from...
You are setting up a corporate flight department for an oil exploration company that will be...
Alex and Bess have been in partnership for many years. The partners, who share profits and...
2 The table below shows the number of new stores in a coffee shop chain...
A rectangle is inscribed with its base on the x-axis and its upper corners on...