Question
In: Accounting
Krause Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for...
Krause Company manufactures drinking glasses. One unit is a package of eight glasses, which sells for $28. Krause projects sales for April will be 3,000 packages, with sales increasing by 550 packages per month for May, June, and July. On April 1, Krause has 325 packages on hand but desires to maintain an ending inventory of 20% of the next month’s sales. Prepare a sales budget and a production budget for Krause for April, May and June
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Krause Company |
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Budget Production April, May, and June |
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April |
May |
June |
Total |
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Budgeted packages to be sold |
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Plus: Desired packages in ending inventory |
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Total packages needed |
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Less: Packages in beginning inventory |
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Budgeted packages to be produced |
Solutions
ekkarill92 answered 2 years agoRelated Solutions
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Direct
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Direct
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Factory
overhead
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