Production My Company forecasts sales in units for Quarter 1-4 2019 as follows: Quarter 3-8,500 Quarter 4-10,800 Quarter 1-6,000 Quarter 2-7.200 Selling price will remain at 300 Php for the wholeyear. Moreover, My Company would like to maintain 1,000 units in its ending inventory at the end of each quarter. Beginning inventory at the start of Quarter 1 amounts to units. How many units should My Company produce in order to fulfill the expected sales of thecompany? Required: Prepare a Sales Budgetand ProductionBudget.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Production Budg
My Company forecasts sales in units for Quarter 1-4 2019 as follows:
Selling price will remain at 300 Php for the wholeyear.
Quarter 1-6,000
Quarter 2-7.200
Quarter 3-8,500
Quarter 4-10,800
eva nits. How many units should My Company produce in order to fulfill the
expected sales of thecompany?
750 end of each quarter, Beginning inventory at the start of Quarter 1 amounts to
Required: Prepare a Sales Budgetand ProductionBudget
Transcribed Image Text:Production Budg My Company forecasts sales in units for Quarter 1-4 2019 as follows: Selling price will remain at 300 Php for the wholeyear. Quarter 1-6,000 Quarter 2-7.200 Quarter 3-8,500 Quarter 4-10,800 eva nits. How many units should My Company produce in order to fulfill the expected sales of thecompany? 750 end of each quarter, Beginning inventory at the start of Quarter 1 amounts to Required: Prepare a Sales Budgetand ProductionBudget
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