the budgeted production (in units) for 2022 will be 98,100
Production + opening stock= sales+ closing stock
Production + 7,500= 86000 + 19600
Production = 98,100
What do you mean by production budget?
The sales forecast and the anticipated amount of finished goods inventory to be on hand are combined to create the production budget, which determines the number of products that must be made (usually as safety stock to cover for unexpected increases in demand).
How important budgeting is in production process?
A production budget aids the business in planning output levels for varying demand times. A corporation can use the downtime to make an extra products to have on hand for a future period when demand increases if it anticipates that demand and production levels will be low in a month.
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Answer:
Results are below.
Explanation:
<u>First, we need to allocate overhead:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 1.15*10,700= $12,305
<u>Now, we can determine the total manufacturing cost:</u>
Total manufacturing cost= 15,745 + 10,700 + 12,305
Total manufacturing cost= $38,750
<u>Finally, the unitary cost:</u>
Unitary cost= 38,750 / 1,550
Unitary cost= $25
The answer for the first question is D.
Many organization adopting a societal stance to social responsibility respond to requests for donations to Little League, Girl Scouts, and youth soccer programs.
Answer:
A. the rental incomw darnell could receive if he choose to rent out his showroom
