Solutions Manual
WASATCH MANUFACTURING
Master Budget
Sales Budget
January
February
8,000
9,000
$15
$15
$120,000
$135,000
March
8,600
$15
$129,000
April
9,400
$15
$141,000
March
$38,700
$94,500
$133,200
Quarter
$115,200
$252,000
$367,200
March
8,600
1,880
10,480
(1,720)
8,760
Quarter
April
25,600
9,400
1,880
1,360
27,480
10,760
(1,600)
(1,880)
25,880
8,880
December
Unit Sales
Price per Unit
Sales Revenue
Cash sales
Credit sales
Total cash collections
Unit sales
Plus: Desired ending inventory
Total needed
Less: Beginning inventory
Units to produce
7,000
$15
$105,000
Production Budget
January
8,000
1,800
9,800
(1,600)
8,200
February
9,000
1,720
10,720
(1,800)
8,920
May
6,800
$15
$102,000
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Units to produced
Solutions Manual
March
8,760
Quarter
April
25,880
8,880
32,800
5,352
38,152
(4,920)
33,232
35,680
5,256
40,936
(5,352)
35,584
35,040
5,328
40,368
(5,256)
35,112
103,520
5,328
108,848
(4,920)
103,928
$1.00
$1.00
$1.00
$1.00
$33,232
$35,584
$35,112
$103,928
4
35,520
Quarter
April
$37,000
$33,232
$35,584
$8,778
$26,334
$114,594
Quarter
25,880
0.1
2,588
$15
$38,820
March
8,760
0.1
876
$15
$13,140
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Solutions Manual
$27,150
$26,950
$80,350
March
$11,180
$2,200
$13,380
Quarter
$33,280
$6,600
$39,880
March
$15,292
$133,200
$148,492
Quarter
$17,000
$367,200
$384,200
$35,466
$13,140
$26,950
$13,380
$0
$25,000
$113,936
$34,556
$114,594
$38,820
$80,350
$39,880
$28,000
$53,000
$354,644
$29,556
$26,250
Quarter
$30,000
$18,000
$32,350
$33,820
$13,380
$27,150
$13,900
$28,000
$8,000
$124,250
$15,292
$5,000
$15,042
$15,292
($5,000)
($188)
$29,369
$5,000
($5,000)
($188)
$29,369
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Solutions Manual
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Solutions Manual
$4.00
$1.50
$1.25
$0.75
$7.50
$384,000
$192,000
$192,000
($39,880)
($10,000)
$142,120
($188)
($32,644)
$109,288
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