Down Under Products' sales budget for the next four months is as follows: April May June July Unit Sales 76,000 85,000 116,000 93,000 The company wants its ending inventory levels to equal 15% of the following month's unit sales. The inventory at the end of March was 11,400 units. Required: Prepare a production budget, by month and in total, for the second quarter. Budgeted unit sales Total needs Required production in units Down Under Products, Limited i Production Budget April May June Quarter
Down Under Products' sales budget for the next four months is as follows: April May June July Unit Sales 76,000 85,000 116,000 93,000 The company wants its ending inventory levels to equal 15% of the following month's unit sales. The inventory at the end of March was 11,400 units. Required: Prepare a production budget, by month and in total, for the second quarter. Budgeted unit sales Total needs Required production in units Down Under Products, Limited i Production Budget April May June Quarter
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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