Hamsta Production Budget
This document was uploaded by user and they confirmed that they have the permission to share it. If you are author or own the copyright of this book, please report to us by using this DMCA report form. Report DMCA
Overview
Download & View Hamsta Production Budget as PDF for free.
More details
- Words: 699
- Pages: 18
Production Budget (unit to be produced)
Production Budget • A firm prepares a production budget after determining the number of units that it expects to sell (in sales budget) • A production budget is a plan for acquiring the resources needed to carry out the manufacturing operations to satisfy the expected sales and maintain the desired ending inventory
2
The Operating Budget Sales Budget Selling Expense Budget
Production Budget
Direct Materials Budgets*
Admin Expense Budget
Overhead Budget
Direct Labor Budget */ unit of direct materials used ,direct materials purchases, cost of direct materials
• The production budget is a statement of the output by product and is generally expressed in units a • Also called unit to be produced budget ; budget that detailed about unit to be produced by company in the future. • Include: – type / quality of unit – quantity – time – etc
Production Planning (production budget is just part of it) • Plan of routing (raw material to finished good) • Plan of lay-out • Plan of schedulling • Plan of the organization of production • Plan of product development • etc
The total number of units to be produced depends on many factors, amongs them : – the budgeted sales – company resources – the desired units of finished goods ending inventory – the units of finished goods beginning inventory – cost of storage and other policies – production pattern
Inventory Management
Stability Production Pattern (1) • Advantages : – Full employment (minimize/zero social problem, cost to recruit, etc) – Machinery and all equiptment used stable – Good relation with vendors and financial institution (in term of financing/credit)
Stability Production Pattern (2) • Disadvantages : – Inventory cost (storage cost) increase – Storaging risk increase (shrink of volume, quality decrease, etc)
Stability Production Pattern (3) ABC Enterprise Production Budget First Quartal (in unit) Keterangan
January
February
March
April
Sales
42.000
60.000
84.000
73.000
Inventory (beginning)
5.000
28.000
33.000
14.000
37.000
32.000
51.000
59.000
Produced
65.000
65.000
65.000
65.000
Inventory (ending)
28.000
33.000
14.000
6.000
Production Budget Budgeted sales in units + Desired ending inventory of finished goods = Total needs - Beginning inventory of finished goods = Units to be produced
Stability Production Pattern (4) ABC Enterprise Production Budget First Quartal (in unit) Keterangan
January
February
March
April
Sales
42.000
60.000
84.000
73.000
Inventory (ending)
28.000
33.000
14.000
6.000
70.000
93.000
98.000
79.000
Inventory (beginning)
5.000
28.000
33.000
14.000
Produced
65.000
65.000
65.000
65.000
Fluctuated Production Pattern as Fluactuated Sales Pattern ABC Enterprise Production Budget First Quartal (in unit) Keterangan
January
February
March
April
Sales
42.000
60.000
84.000
73.000
Inventory (ending)
10.000
10.000
10.000
10.000
52.000
70.000
94.000
83.000
Inventory (beginning)
10.000
10.000
10.000
10.000
Produced
42.000
60.000
84.000
73.000
Moderately Fluctuated Production Pattern than Fluactuated Sales Pattern ABC Enterprise Production Budget First Quartal (in unit) Keterangan
January
February
March
April
Sales
42.000
60.000
84.000
73.000
Inventory (ending)
11.000
17.000
5.000
4.000
53.000
77.000
94.000
77.000
Inventory (beginning)
5.000
11.000
17.000
5.000
Produced
48.000
66.000
72.000
72.000
Sales Budget Kerry Industrial Products Company Sales Budget For the First Quarter Ended June 30, 2007 Sale Forecast
Sales in units
April
May
June
Quarter
20,000
25,000
35,000
80,000
x $30
x $30
x $30
x $30
Selling price per unit Total sales
$600,000
$750,000 $1,050,000 $2,400,000
Production Budget Kerry Kerry expects expects to to have have 5,000 5,000 units units on on hand hand on on April April 11 and and wants wants to to have have 30% 30% of of the the following following month’s month’s projected projected unit unit sales sales on on hand hand at at the the end end of of each each month. month.
Determining the budgeted units of production: Budgeted Production (in units)
=
Budgeted Sales + (in units)
Desired Ending Inventory (in units)
–
Beginning Inventory (in units)
Production Budget
Kerry Industrial Products Company Production Budget For the Quarter Ended June30,2007 April May June Budgeted sales in units 20,000 25,000 35,000 Desired ending inventory 7,500 10,500 Units needed 27,500 35,500 Beginning inventory 5,000 7,500 Budgeted production 22,500 28,000
July sales are budgeted at 40,000 units,
Quarter 80,000
30% 30% of of June June’’ss budgeted budgeted sales sales
Production Budget • A firm prepares a production budget after determining the number of units that it expects to sell (in sales budget) • A production budget is a plan for acquiring the resources needed to carry out the manufacturing operations to satisfy the expected sales and maintain the desired ending inventory
2
The Operating Budget Sales Budget Selling Expense Budget
Production Budget
Direct Materials Budgets*
Admin Expense Budget
Overhead Budget
Direct Labor Budget */ unit of direct materials used ,direct materials purchases, cost of direct materials
• The production budget is a statement of the output by product and is generally expressed in units a • Also called unit to be produced budget ; budget that detailed about unit to be produced by company in the future. • Include: – type / quality of unit – quantity – time – etc
Production Planning (production budget is just part of it) • Plan of routing (raw material to finished good) • Plan of lay-out • Plan of schedulling • Plan of the organization of production • Plan of product development • etc
The total number of units to be produced depends on many factors, amongs them : – the budgeted sales – company resources – the desired units of finished goods ending inventory – the units of finished goods beginning inventory – cost of storage and other policies – production pattern
Inventory Management
Stability Production Pattern (1) • Advantages : – Full employment (minimize/zero social problem, cost to recruit, etc) – Machinery and all equiptment used stable – Good relation with vendors and financial institution (in term of financing/credit)
Stability Production Pattern (2) • Disadvantages : – Inventory cost (storage cost) increase – Storaging risk increase (shrink of volume, quality decrease, etc)
Stability Production Pattern (3) ABC Enterprise Production Budget First Quartal (in unit) Keterangan
January
February
March
April
Sales
42.000
60.000
84.000
73.000
Inventory (beginning)
5.000
28.000
33.000
14.000
37.000
32.000
51.000
59.000
Produced
65.000
65.000
65.000
65.000
Inventory (ending)
28.000
33.000
14.000
6.000
Production Budget Budgeted sales in units + Desired ending inventory of finished goods = Total needs - Beginning inventory of finished goods = Units to be produced
Stability Production Pattern (4) ABC Enterprise Production Budget First Quartal (in unit) Keterangan
January
February
March
April
Sales
42.000
60.000
84.000
73.000
Inventory (ending)
28.000
33.000
14.000
6.000
70.000
93.000
98.000
79.000
Inventory (beginning)
5.000
28.000
33.000
14.000
Produced
65.000
65.000
65.000
65.000
Fluctuated Production Pattern as Fluactuated Sales Pattern ABC Enterprise Production Budget First Quartal (in unit) Keterangan
January
February
March
April
Sales
42.000
60.000
84.000
73.000
Inventory (ending)
10.000
10.000
10.000
10.000
52.000
70.000
94.000
83.000
Inventory (beginning)
10.000
10.000
10.000
10.000
Produced
42.000
60.000
84.000
73.000
Moderately Fluctuated Production Pattern than Fluactuated Sales Pattern ABC Enterprise Production Budget First Quartal (in unit) Keterangan
January
February
March
April
Sales
42.000
60.000
84.000
73.000
Inventory (ending)
11.000
17.000
5.000
4.000
53.000
77.000
94.000
77.000
Inventory (beginning)
5.000
11.000
17.000
5.000
Produced
48.000
66.000
72.000
72.000
Sales Budget Kerry Industrial Products Company Sales Budget For the First Quarter Ended June 30, 2007 Sale Forecast
Sales in units
April
May
June
Quarter
20,000
25,000
35,000
80,000
x $30
x $30
x $30
x $30
Selling price per unit Total sales
$600,000
$750,000 $1,050,000 $2,400,000
Production Budget Kerry Kerry expects expects to to have have 5,000 5,000 units units on on hand hand on on April April 11 and and wants wants to to have have 30% 30% of of the the following following month’s month’s projected projected unit unit sales sales on on hand hand at at the the end end of of each each month. month.
Determining the budgeted units of production: Budgeted Production (in units)
=
Budgeted Sales + (in units)
Desired Ending Inventory (in units)
–
Beginning Inventory (in units)
Production Budget
Kerry Industrial Products Company Production Budget For the Quarter Ended June30,2007 April May June Budgeted sales in units 20,000 25,000 35,000 Desired ending inventory 7,500 10,500 Units needed 27,500 35,500 Beginning inventory 5,000 7,500 Budgeted production 22,500 28,000
July sales are budgeted at 40,000 units,
Quarter 80,000
30% 30% of of June June’’ss budgeted budgeted sales sales
Related Documents
Hamsta Production Budget
June 2020 5
Hamsta Sales Budget
June 2020 4
Production Budget
October 2019 25
Production
October 2019 46
Production
October 2019 43
Production
June 2020 17More Documents from ""
Hamsta_change Management W1
June 2020 1
Hamsta Sales Budget
June 2020 4
Hamsta Production Budget
June 2020 5