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Nimfa-mama [501]
3 years ago
15

Production Budget

Business
1 answer:
9966 [12]3 years ago
5 0

Answer and Explanation:

The preparation of production budget is shown below:-

                      Weightless Inc

                    Production Budget

         For the month ending October 31

                             Units Bath Scale            Units Gym Scale

Expected Units to

be sold                       150,000                         90,000

Desired Inventory,

October 31                  12,500                           8,000

Total                          162,500                           98,000

Less: Estimated Inventory,

October 1                   -18,000                           -10,000

Total Units to be

produced                  144,500                           88,000

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Answer:

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Explanation:

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3 years ago
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3 years ago
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Manufacturing overhead has an underallocated balance of $12,400; raw materials inventory balance is $145,500; work in process in
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Answer:

$182,900

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3 years ago
RecRoom Equipment Company received an $13,200, six-month, 7 percent note to settle an $13,200 unpaid balance owed by a customer.
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Answer:

RecRoom Equipment Company

Date                 Particulars               Debit              Credit

1Nov            Note Receivable      $ 13,200

                          Account Receivable                 $ 13,200

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31 December  Interest Receivable        $ 924

                              Interest Revenue                $ 924

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