Stahl Company produces and sells two types of automobile batteries, the heavy- duty HD-240 and the long-life
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Stahl Company produces and sells two types of automobile batteries, the heavy- duty HD-240 and the long-life LL-250. The 2002 sales budget for the two products is as follows.
The January 1, 2002, inventory of HD-240 and LL-250 units is 3,500 and 6,000, respectively. Management desires an ending inventory each quarter equal to 60% ol the next quarter's sales. Sales in the first quarter of 2003 are expected to be 30f r higher than sales in the same quarter in 2002.
Instructions
Prepare separate quarterly production budgets tor each product by quarters for 2002.
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Related Book For
Managerial Accounting Tools For Business Decision Making
ISBN: 9780471413653
2nd Canadian Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
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