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    dejddlbgs1821 Posts: 1, Reputation: 1
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    Nov 7, 2012, 12:41 PM
    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.

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