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Homework answers / question archive / The following information has been made available from the accounting records of payment Tuskegee Pond

The following information has been made available from the accounting records of payment Tuskegee Pond

Accounting

The following information has been made available from the accounting records of payment Tuskegee Pond. for the last 5 months of 2020 The units to be sold in different months are: August: 2.200 September: 3.400 October: 3,800 November: 5,000 December: 4,600 January 2021: 4,000 (1) There will be no work-in-progress at the end of any month (iii) Finished units equal to half the sales for the next month will be in stock at the end of every month (including July 2020) (iv) Budgeted Production and production costs for the year ending Dec. 2020 Production units: 44,000 Direct materials per unit: $10.00 Total Factory Overheads apportioned to product: $88.000 Required It is required to prepare (a) Production Budget for the last 5 months of 2020 (b) Production Cost budget for the same period. 

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