Cost Accounting

posted by Jessi

Katherine Company's Sales Budget Has The Following Unit Sales Projection For Each Quarter Of The Calendar Year 2009. January -March 540,000 April-June 680,000 July-September 490,000 October-December 550,000 Total 2,260,000
Sales for the first quarter of 2010 are expected to be 600,000 units. Ending Inventory of finished goods for each quarter is scheduled to equal 5 percent of next quarter's budgeted sales
The company is expected to be in compliance with this policy as of December 312008. Develop a quarterly production budget for 2009 and for the year in total. 1.Prepare the beginning inventory for the first 2.Prepare the budgeted beginning inventory for the second - fourth quarters 3.Prepare the budgeted production for each quarter 4.Prepare the budgeted production for the year

Please show the step
thank you very much

Similar Questions

1. principles of finances

according to my interpretation of the question in October they would collect: the 10% of the August sales = .10(\$10,000) the 20% of the Sept sales = .20(\$20,000) and the 70% of the Oct sales = .70(\$30,000) Do the arithmetic and add …
2. Finance

The prince Albert Corporation has forecasted the following sales for the first seven months Jan \$10,000 Feb 12,000 Mar 14,000 April 20,000 May 10,000 June 16,000 July 18,000 Monthly material purchase are set to 30 % of forecasted sales …
3. Accounting help

I'm trying to make an income statement...for sales revenue out of this information what do I add up?
4. Accounting

Nafari Company's sales budget has the following unit sales projection for each quarter of the calendar year 2011. January -March 1,080,000 April-June 1,360,000 July-September 980,000 October-December 1,100,000 Total 4,520,000 Sales …
5. Accounting

Nafari Company's sales budget has the following unit sales projection for each quarter of the calendar year 2011. January -March 1,080,000 April-June 1,360,000 July-September 980,000 October-December 1,100,000 Total 4,520,000 Sales …
6. Accounting

Carpaitha Inc began 2009 with \$140,000 in cash. The company plans to have \$1,400,000 accrual basis sales revenue during the year, of which it plans to collect 80% in 2009 and the other 20% in 2010. The company plans to record the following …
7. Managerial accounting

The marketing department of Jessi Corporation has submitted the following sales forecast for the upcoming fiscal year (all sales are on account): 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Units to be produced 12,000 14,000 13,000 …
8. managerial accounting

Werntz furniture had actual sales for July and august and forecasted sales for September, October, November and December as follows: Actual: July………………………………………………………….\$ 98,000 August……………………………………………………… …
9. Accounting

Peck Company The Peck Company reported the following items on its financial statements for the year ending December 31, 2010. Sales - \$1,560,000 Cost of Sales - \$1,400,000 Selling, general and administrative expense - 40,000 Other …
10. Account

Peck Company: The Peck Company reported the following items on its financial statements for the year ending December 31, 2010. Sales - \$1,560,000 Cost of Sales - \$1,400,000 Selling, general & administrative expense - 40,000 Other Expense …

More Similar Questions