Production Budget Weightless Inc. produces a Bath and Gym version of its popular electronic scale. The anticipated unit sales for the scales by sales region are as follows: Bath Gym Scale Scale East Region unit sales 23,700 42,000 West Region unit sales 25,600 26,900 Total 49,300 68,900 The finished goods inventory estimated for October 1, for the Bath and Gym scale models is 1,700 an 2,300 units, respectively. The desired finished goods inventory for October 31 for the Bath and Gym scale models is 1,200 and 2,500 units, respectively. Prepare a production budget for the small and large scales for the month ended October 31. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Weightless Inc. Production Budget For the Month Ending October 31 Units Bath Scale Units Gym Scale Total Total units to be produced

Production Budget Weightless Inc. produces a Bath and Gym version of its popular electronic scale. The anticipated unit sales for the scales by sales region are as follows: Bath Gym Scale Scale East Region unit sales 23,700 42,000 West Region unit sales 25,600 26,900 Total 49,300 68,900 The finished goods inventory estimated for October 1, for the Bath and Gym scale models is 1,700 an 2,300 units, respectively. The desired finished goods inventory for October 31 for the Bath and Gym scale models is 1,200 and 2,500 units, respectively. Prepare a production budget for the small and large scales for the month ended October 31. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Weightless Inc. Production Budget For the Month Ending October 31 Units Bath Scale Units Gym Scale Total Total units to be produced

Name: Production Budget Weightless Inc. produces a Bath and Gym version of its popular electronic scale. The anticipated unit sales for the scales by sales region are as follows: Bath…
Rating: 5 (1 reviews)

Financial And Managerial Accounting

15th Edition

ISBN:9781337902663

Author:WARREN, Carl S.

Publisher:WARREN, Carl S.

Chapter22: Budgeting

Section: Chapter Questions

Problem 2E: Digital Solutions Inc. uses flexible budgets that are based on the following data: Prepare a...

See similar textbooks

Similar questions

Show Me How Production Budget Healthy Measures Inc. produces a Bath and Gym version of its popular electronic scale. The anticipated unit sales for the scales by sales region are as follows: Bath Gym Scale Scale Northern Region unit sales Southern Region unit sales Total The finished goods inventory estimated for March 1, for the Bath and Gym scale models is 1,500 and 2,500 units, respectively. The desired finished goods inventory for March 31 for the Bath and Gym scale models is 1,100 and 2,700 units, respectively. Total units available 19,300 41,900 20,800 21,800 40,100 63,700 Prepare a production budget for the Bath and Gym scales for the month ended March 31. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Healthy Measures Inc. Production Budget For the Month Ending March 31 Total units to be produced Units Bath Scale Units Gym Scale 100000 C eck My Work 2 more Check My Work uses remaining. 00000 Previous Next > Up
QMW Company manufactures two models of microcassette recorders, VCH and MTV. Based on the following production data for April of the current year, prepare a production budget for April. VCH MTV Estimated inventory (units), April 1 2,600 3,900 Desired inventory (units), April 30 5,200 3,250 Expected sales volume (units): Eastern zone 10,500 12,960 Midwest zone 17,000 19,800 Western zone 4,500 9,840 QMW Company Production Budget For Month Ending April 30, 2023 VCH MTV Total Production
Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, prepare (a) a sales budget and (b) a production budget: Estimated inventory (units), June 1 Desired inventory (units), June 30 Expected sales volume (units): Midwest Region South Region Unit sales price a. Prepare a sales budget. Product and Area Model: Rumble Midwest Region South Region Total Model: Thunder Midwest Region South Region Total Total revenue from sales 1000 1000 Rumble LA 250 Sonic Inc. Sales Budget For the Month Ending June 30 Unit Sales Volume 287 2,400 5,800 $110 00 3 Thunder 75 65 Unit Selling Price Total Sales 2,100 6,550 $215 10000 1000
Vibrant Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, prepare (a) a sales budget and (b) a production budget: Rumble Thunder Estimated inventory (units), June 1 258 70 Desired inventory (units), June 30 296 61 Expected sales volume (units): North Region 3,250 3,650 South Region 5,200 4,500 Unit sales price $95 $185 a. Prepare a sales budget. Vibrant Inc. Sales Budget For the Month Ending June 30 Unit Unit Total Sales Selling Sales Volume Price Product and Area Model Rumble: North Region South Region Total Model Thunder: North Region South Region Total Total revenue from sales b. Prepare a production budget. Vibrant Inc. Production Budget For the Month Ending June 30 Units Units Model Model Rumble Thunder Expected units to be sold Total units required Total units to be produced
Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, prepare (a) a sales budget and (b) a production budget: Rumble Thunder Estimated inventory (units), June 1 260 64 Desired inventory (units), June 30 299 56 Expected sales volume (units): Midwest Region 2,900 2,550 South Region 5,650 4,900 Unit sales price $95 $220 a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Product and Area Unit Sales Volume Unit Selling Price Total Sales Model: Rumble Midwest Region South Region Accounting numeric field Total Model: Thunder Midwest Region South Region Total Total revenue from sales
Westport Company is preparing its master budget for May. Use the estimates provided to determine the amounts necessary for each of the following requirements. (Estimates may be related to more than one requirement. a. What should total sales revenue be if territories E and W estimate sales of 50,000 and 100,000 units, respectively, and the unit selling price is $65? 9750000 b. If the beginning finished goods inventory is an estimated 6,000 units and the desired ending inventory is 11,000 units, how many units should be produced? 155000 c. What dollar amount of materials should be purchased at $5.50 per pound if each unit of product requires 2.5 pounds and beginning and ending materials inventories should be 12,000 and 13,500 pounds, respectively. 2139500 How much direct labor cost should be incurred if each unit produced requires 0.5 hours at an hourly rate of $22? How much manufacturing overhead should be incurred if fixed manufacturing overhead is $45,000 and variable…
Westport Company is preparing its master budget for May. Use the estimates provided to determine the amounts necessary for each of the following requirements. (Estimates may be related to more than one requirement.) a. What should total sales revenue be if territories E and W estimate sales of 50,000 and 100,000 units, respectively, and the unit selling price is $70? 2$ b. If the beginning finished goods inventory is an estimated 6,000 units and the desired ending inventory is 11,500 units, how many units should be produced? units c. What dollar amount of materials should be purchased at $6 per pound if each unit of product requires 2.5 pounds and beginning and ending materials inventories should be 12,000 and 13,500 pounds, respectively.
Sonic Inc. manufacturers two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, prepare (a) a sales budget and (b) a production budget: Rumble Thunder estimated inventory (units), June 1 280 76 Desired inventory (units), June 30 322 66 Expected sales volume (units): Midwest Region 3,500 3,900 South Region 5,700 4,950 Unit sales price $125 $210 Refer to the pictures for the sales budget and production budget template.
Production Budget Healthy Measures Inc. produces a Bath and Gym version of its popular electronic scale. The anticipated unit sales for the scales by sales region are as follows: Northern Region unit sales Southern Region unit sales Total Gym Scale The finished goods inventory estimated for March 1, for the Bath and Gym scale models is 1,100 and 2,700 units, respectively. The desired finished goods inventory for March 31 for the Bath and Gym scale models is 800 and 2,900 units, respectively. Bath Scale 26,100 33,300 28,200 29,600 54,300 62,900 Prepare a production budget for the Bath and Gym scales for the month ended March 31. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Total units available Healthy Measures Inc. Production Budget For the Month Ending March 31 Total units to be produced Units Bath Scale Units Gym Scale
The followings are the budget for next financial year (1 January 2023 - 31 December 2023), indicating the average selling price and variable costs of each product category. The common fixed manufacturing overhead and the fixed non-manufacturing overhead costs are estimated to be $1,250,000 and $2,778,320 respectively. Table 1: Budget Jan - Dec 2023 Sales Quantity (in units) In $ Unit selling price Unit production cost Unit selling & admin variable costs (5% of selling price) In $ Revenue Variable Production Costs Selling & Admin Variable Costs Model 1 8,400 600 250 30 Folding Bike Model 2 7,500 400 180 20 Model 3 3,500 480 200 24 Electric Bike 800 2,000 850 100 Total 20,200 5,040,000 3,000,000 1,680,000 1,600,000 11,320,000 (2,100,000)| (1,350,000)| (700,000)| (680,000)| (4,830,000) (252,000) (150,000) (84,000) (80,000) (566,000) Q1. Based on the above budgeted information, calculate the expected breakeven units for the Model 2 folding bikes.
Microfix Company manufactures two models of Television, AR30 and AR33. Based on the following production data for April of the current year, prepare a production budget for April. AR30 AR33 Estimated inventory (units), April 1 2,500 3,700 Desired inventory (units), April 30 3,700 3,700 Expected sales volume (units): Eastern zone 8,200 11,500 Midwest zone 13,000 17,500 Western zone 7,300 9,100 Microfix Company Production Budget For Month Ending April 30, 20XX AR30 (units) AT33 (units) Sales Plus desired ending inventory, April 30, 20XX X Total Less estimated beginning inventory, April 1, 20XX X Total production X
Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, prepare (a) a sales budget and (b) a production budget: Rumble Thunder Estimated inventory (units), June 1 750 300 Desired inventory (units), June 30 500 250 Expected sales volume (units): Midwest Region 12,000 3,500 South Region 14,000 4,000 Unit sales price $60 $90 a. Prepare a sales budget. Sonic Inc.Sales BudgetFor the Month Ending June 30 Product and Area Unit Sales Volume Unit Selling Price Total Sales Model: Rumble Midwest Region fill in the blank 86a7db043f8cf84_1 $fill in the blank 86a7db043f8cf84_2 $fill in the blank 86a7db043f8cf84_3 South Region fill in the blank 86a7db043f8cf84_4 fill in the blank 86a7db043f8cf84_5 fill in the blank 86a7db043f8cf84_6 Total fill in the blank 86a7db043f8cf84_7 $fill in the blank 86a7db043f8cf84_8 Model: Thunder Midwest Region fill in the…