Question 6 of 10 Blossom Company estimates that unit sales will be 9,700 in quarter 1; 12,000 in quarter 2; 14,600 in quarter 3; and 18,300 in quarter 4. Management wants to have an ending finished goods inventory equal to 21% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first six months of 2022. BLOSSOM COMPANY Production Budget For the Six Months Ending June 30, 2022 Expected unit sales Add く Desired ending finished goods Total required units Less く Beginning finished goods inventory Required productions in units eTextbook and Media 1 9700 Quarter 2 12000 Total

A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It…

A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future…