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(Solved): please help asap due soon! The Ace Battery Company has forecast its sales in units as follows: Ace a ...
please help asap due soon!
The Ace Battery Company has forecast its sales in units as follows: Ace always keeps an ending inventory equal to 120 percent of the next month's expected sales. The ending inventory for December (January's beginning inventory) is 1,680 units, which is consistent with this policy. Materials cost $15 per unit and are paid for in the month after production. Labour cost is $8 per unit and is paid in the month the cost is incurred. Overhead costs are $9,000 per month, Interest of $8,600 is scheduled to be paid in March, and employee bonuses of $13,800 will be paid in June. a. Prepare a monthly production schedule for January through June. (Enter all values as positive value.) b. Prepare a monthly summary of cash payments for January through June. Ace produced 1,200 units in December.