Soft Pillows Unlimited makes decorative throw pillows for home use The company sells the pillows to home dÃ©cor retailers for $14 per pillow
Each pillow requires 125 yards of fabric, which the company obtains at a cost of $6 per yard
The company would like to maintain an ending stock of fabric equal to 10% of the next month’s production requirements
The company would also like to maintain an ending stock of finished pillows equal to 20% of the next month’s sales
Sales (in units) are projected to be as follows for the first three months of the year:
January 100,000 February 110,000 March 115,000
Prepare the following for the 1st quarter:
1 Prepare the sales budget
2 Prepare the production budget Assume that the company anticipates selling 120,000 units in April
3 Prepare the direct materials purchases budget Assume the company needs 150,000 yards of fabric for production in April
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.