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1: Production budget The firm's inventory policy is to have ending inventory equal to 10% of next month's sales Fill in the missing numbers. Ending
1: Production budget The firm's inventory policy is to have ending inventory equal to 10% of next month's sales Fill in the missing numbers. Ending inventory Beginning inventory February 1400 Budgeted sales 10,000 Budgeted production 14500 x March April 4,500 18.000 20,000 (If you get stuck on the beginning inventory for February: it is equal to the ending inventory for January, which you can compute with the available data on February sales)
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