A company produces doors the following information, Ask an Expert

Accounting

A company produces doors. The following information wasgathered to prepare budgets for the upcoming year beginning January1:

sales forecast inunits................................... 5,500 doors
finished goods inventory,Jan1....................... 620 doors
target finished goods inventory,Dec1............. 480 doors
raw materials inventory-steel, Jan1................ 40,000lbs
targetinventory-steel,Dec1.......................... 80,000lbs
raw materialsinventory-glass,Jan1.................. 6,000 squarefeet
targetinventory-glass,Dec1............................ 4,000square feet
budgeted purchase price-steel......................... $4 perlb
budgeted purchase price-glass.........................$2 persquare foot

The manufacture of each door requires 20 lbs of steel and 6square feet of glass

Prepare the production schedule in units for the company.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9797374

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