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The following information applies to the questions displayed below Shadee Corp e

ID: 2515120 • Letter: T

Question

The following information applies to the questions displayed below Shadee Corp expects to sell 630 sun visors in May and 400 in June. Each visor sells for $18. Shadee's beginning and ending finished goods i respectively Ending finished goods inventory for June will be 60 units inventories for May are 80 and 40 units, Required information 2. 3.00 points Required: 1. Determine Shadee's budgeted total sales for May and June Budgeted Total Sales 2. Determine Shadee's budgeted production in units for May and June Budgeted Production (Units)

Explanation / Answer

Ans 1 Calulation of Budgeted Sales for May and June Particulars May June A Budgeted Sales (in Units) 630 400 B Selling Price per unit 18 18 C Total Budgeted Sales (A * B) $    11,340.0 $    7,200.0 (Budgeted Sales *Selling price) Ans 2 Calulation of Budgeted Production in units Particulars May June D Opening Stock of Finished Goods 80 40 * E Closing Stock of Finished Goods 40 60 F Budgeted Production in Units (A+E-D) 590 420 (Production = Sales + Closing stock - Opening stock) (*Closing of May will become opening stock for June)