All categories

3 years ago

Production Budget and Direct Materials Purchases Budget

Business

1 answer:

SCORPION-xisa [38]3 years ago

8 0

Answer:

Jani's Flowers and Gifts

1. Jani's Flowers and Gifts

Production Budget for September, October, November, and December for Gift Baskets:

Sept Oct. Nov. Dec.

Estimated sales units 250 200 230 380

Estimated ending inventory 20 23 38 10

Units available for sale 270 223 268 390

Beginning inventory 25 20 23 38

Production required 245 213 245 352

2. Jani's Flowers and Gifts

Direct Materials Purchases Budget

For September, October, and November

Sept Oct. Nov.

Fruit (1 pound):

Production requirement 245 213 245

Ending inventory: 21 25 35

Total needs 266 238 280

Beginning inventory: 25 21 25

Pounds purchased 241 217 255

Small Gifts (6 items each):

Production requirement 1,470 1,278 1,470

Ending inventory: 383 441 634

Total needs 1,853 1,719 2,104

Beginning inventory: 441 383 441

Items Purchased 1,412 1,336 1,663

Explanation:

a) Data and Calculations:

Sept Oct. Nov. Dec. Jan.

Estimated sales units 250 200 230 380 100

Estimated ending inventory 20 23 38 10

Units available for sale 270 223 268 390

Beginning inventory 25 20 23 38 10

Production required 245 213 245 352

Jani's Flowers and Gifts

Direct Materials Purchases Budget

For September, October, and November

Sept Oct. Nov. Dec.

Fruit 1 pound:

Production requirement 245 213 245 352

Ending inventory: 21 25 35 106

Total needs 266 238 280 458

Beginning inventory: 25 21 25 35

Pounds purchased 241 217 255 423

Small Gifts 6 items each:

Production requirement 1,470 1,278 1,470 2,112

Ending inventory: 383 441 634 1,899

Total needs 1,853 1,719 2,104 4,011

Beginning inventory: 441 383 441 634

Items Purchased 1,412 1,336 1,663 3,377

You might be interested in

Robert Manages A Website That Sells Sporting Goods. He Wants His Products To Be Featured In Various Online Sporting Publications

larisa86 [58]

Answer:

b). In-market audiences.

Explanation:

In-market audiences is a type of audience targeting options.

In-market audiences is to select from these audiences to find customers who are in the market, which means that they're researching products and are actively considering buying a service or product like yours.

These audiences are designed for advertisers focused on getting conversions from likely buyers.

In-market audiences can help drive remarketing performance and reach consumers close to completing a purchase.

7 0

3 years ago

Write a 1-2 page executive summary, along with an appendix of supporting information, in which you analyze an organization's fin

OlgaM077 [116]

Explanation:

INTRODUCTION

This research will help you complete a thorough assessment of the financial performance of a company as well as its level of funding risk. Your recommendation will help management to create a loan portfolio and will communicate your review to others within the organisation clearly and succinctly by your executive summary.

SCENARIO

You work for a company that supplies businesses with loans. You meet with a client who needs a loan to review financial and associated results records. You were asked to review records and outline the results in your management team's loan decision.

This situation may be extended to both Option 1 and Option 2, as defined in the following requirements.

YOUR ROLE

You have the privilege of being a loan officer for a banking company, evaluating applicants for loans and making recommendations as to whether the loan requests should be supported.

REQUIREMENTS

Option 1:

With Ace Company the client works. Assume Ace has applied to buy production equipment and build associated applications for a loan of $3 million for 10 years. For this option, use the Ace Data Company Report.

Option 2:

Use a business or your choice situation.

To ensure: the client follows the evaluation criteria, read the report carefully before selecting a business.
You have access, in order to assess risk and make a loan decision, to the financial statements and related documents. This year and last year you will need details.
If you do not share confidential information, you can publish your financial statements and associated performance records.

Loan Recommendation

To obtain your decision, evaluate the demanding company's financial results and send it to the senior management team of your organisation. After processing loan applications, the management team must accept the suggestion.

DELIVERABLE FORMAT

The management team of your company, together with the title page, the guide page and the section for the supporting information, will provide you with the facts in a 1–2 page summary. The Management Review will explain your key metrics and provide your advice and explanation. Information used to review others must be included in the file. The annex Assume that this letter is your only contact and that you will not be with the team to discuss what you plan to do.

Related company report standards:

A professional document should therefore be included in the executive summary and the corresponding guidance on the MBA Academic and Professional Papers, including individual paragraphs.

In addition to the executive summary, include:

* A list with names.

* A list with references.

* Make sure the faculty has enough knowledge to grasp how you have accomplished your endorsement if you have a business or a situation of your choice.

EVALUATION

By achieving this test successfully, you show your competence in the following courses by applying the correct scoring guidelines:

•Skills 1: Discuss how financial management impacts accounting principles and practices.

*Analyse the pattern in account collections of the company.

*Compare the overall turnover of the company with the average industry inventory turnover.

•Skill 2: To evaluate financial results, apply financial statements. *Assess the short-and long-term value of the company's funding.

•Skill 4: to provide multiple stakeholders with financial statements.

* Communicate clearly accounting details.

The staff will use the score guide to review the decision as if it were part of the management team of your company. Before you develop and submit your appraisal, review the scoring guide.

5 0

3 years ago

Why did U.S. leaders decide to create the Federal Reserve?

mamaluj [8]

يفتقدها! ردد بقلبً شاكر "الحمدالله",,, صباح الخير :)"

Hfivfd Gfhgjf Retweeted

ولييےمن اسميے نصيب¤¤

Ads info

4 0

3 years ago

Read 2 more answers

How much is the peso mark-up if the selling price is P15 and the purchase cost is P10.00?

Debora [2.8K]

Answer:

Simply take the sales price minus the unit cost, and divide that number by the unit cost. Then, multiply by 100 to determine the markup percentage. For example, if your product costs $50 to make and the selling price is $75, then the markup percentage would be 50%: ( $75 – $50) / $50 = . 50 x 100 = 50%.

Explanation:

3 0

3 years ago

How do values play a role in planning a career?

DiKsa [7]

Answer: D. Your values may help you decide what kind of work you want to do.

5 0

3 years ago