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1 pouts Exercise 20-5 (Algo) Manufacturing: Production budget LO P1 Tyler Company budgets the following unit sales for the next four months: April, 3,300
1 pouts Exercise 20-5 (Algo) Manufacturing: Production budget LO P1 Tyler Company budgets the following unit sales for the next four months: April, 3,300 units; May, 4,900 units; June. 6.100 units; and July, 2.100 units. The company's policy is to maintain finished goods inventory equal to 30% of the next month's unit sales. At the end of March, the company had 700 finished units in inventory Prepare a production budget for each of the months of April, May, and June Answer is not complete. 50 TYLER COMPANY April May June a.300 O 4,900 8,100 Production Budget 4,900 6100 3,300 30% 30 % 30 % 1470 1,830 990 00 0000 Budgeted sales units Add Dessed ending inventory Next period budgeted sales units Ratio of inventory to future sales Desired ending inventory us Total required units Less Beginning inventory units Units in produce
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