Preparing sales budget and production budget} The sales department of W. Smith Manufacturing Company has forecast sales
Question:
Preparing sales budget and production budget}
The sales department of W. Smith Manufacturing Company has forecast sales for its single product to be 20,000 units for the month of June with three-fourths of the sales expected in the East region and one-fourth in the West region. The budgeted selling price is \(\$ 25\) per unit. The desired ending inventory on June 30 is 3,000 units, and the expected beginning inventory on June 1 is 2,000 units.
Prepare the following:
a. A sales budget for June.
b. A production budget for June.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: