January 180 units February 270 units March 180 units April 100 units Each finished product requires 2 units of raw material and 3 hours of direct labour. The company tries to maintain an ending inventory of finished goods equal to the next two months of sales and an ending inventory of raw materials equal to half of the current month’s usage. What is the forecast production (units) budget of finished goods for February? What is the forecast raw materials (units) acquisition budget for February? What is the forecast required labour hours budget for February?
January 180 units February 270 units March 180 units April 100 units Each finished product requires 2 units of raw material and 3 hours of direct labour. The company tries to maintain an ending inventory of finished goods equal to the next two months of sales and an ending inventory of raw materials equal to half of the current month’s usage. What is the forecast production (units) budget of finished goods for February? What is the forecast raw materials (units) acquisition budget for February? What is the forecast required labour hours budget for February?
Chapter7: Budgeting
Section: Chapter Questions
Problem 5EA: Sunrise Poles manufactures hiking poles and is planning on producing 4,000 units in March and 3,700...
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Greenvale Furniture has projected sales of its furniture for the following months.
January 180 units
February 270 units
March 180 units
April 100 units
Each finished product requires 2 units of raw material and 3 hours of direct labour. The company tries to maintain an ending inventory of finished goods equal to the next two months of sales and an ending inventory of raw materials equal to half of the current month’s usage.
- What is the
forecast production (units) budget of finished goods for February? - What is the forecast raw materials (units) acquisition budget for February?
- What is the forecast required labour hours budget for February?
Need help answering all 3 please!
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