Marlene Doll Co. has budgeted sales of its dolls over the 3rd quarter as follows: Sales in Units July 30,000 Aug 45,000 Sept 60,000 End of month inventories are budgeted at 10% of next month budgeted sales. Prepare a production budget for July and August. PLEASE SHOW CALCULATIONS.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Marlene Doll Co. has budgeted sales of its
dolls over the 3rd quarter as follows:
Sales in Units
July 30,000
Aug 45,000
Sept 60,000
End of month inventories are budgeted at
10% of next month budgeted sales.
Prepare a production budget for July and
August. PLEASE SHOW CALCULATIONS.
Transcribed Image Text:Marlene Doll Co. has budgeted sales of its dolls over the 3rd quarter as follows: Sales in Units July 30,000 Aug 45,000 Sept 60,000 End of month inventories are budgeted at 10% of next month budgeted sales. Prepare a production budget for July and August. PLEASE SHOW CALCULATIONS.
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