FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Vaughn Company estimates that unit sales will be 10.500 in quarter 1: 11,400 in quarter 2: 13.400 in quarter 3; and 18,600 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.
VAUGHN COMPANY
Production Budget
For the Six Months Ending June 30, 2022
Quarter
Total
G
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Transcribed Image Text:Current Attempt in Progress Vaughn Company estimates that unit sales will be 10.500 in quarter 1: 11,400 in quarter 2: 13.400 in quarter 3; and 18,600 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. VAUGHN COMPANY Production Budget For the Six Months Ending June 30, 2022 Quarter Total G
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