Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Finance & Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=411)
-   -   Production budget question (https://www.askmehelpdesk.com/showthread.php?t=714918)

  • Nov 7, 2012, 12:41 PM
    dejddlbgs1821
    Production budget question
    Glendo Farm Supply Co. manufactures and sells a pesticide called Snare. The following data is available for preparing budgets for snare for the first two quarters of 2013.
    Sales Quarter 1 28,000 bags
    Quarter 2 42,000 bags
    Selling price $ 60.00 per bag
    Desired inventory levels. Jan. 1 April 1 July 1

    Snare Bags 8000 12000 18000
    Gumm lbs 9000 10000 13000
    Tarr lbs 14000 20000 25000

    Direct materials each bag of 4 lbs of gumm at a cost of $4.00per lb. and 6 lbs. of tarr at $1.50 per lb.
    Can anyone help?? Iam having difficulties in the production budget. Especially figuring the beginning finished goods unit.

  • All times are GMT -7. The time now is 03:56 AM.