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1.17 points 1 QS 20-12 Manufacturing: Production budget LO P1 Return to Champ, Inc., predicts the following sales in units for the coming two
1.17 points 1 QS 20-12 Manufacturing: Production budget LO P1 Return to Champ, Inc., predicts the following sales in units for the coming two months. Each month's ending inventory of finished units should be 60% of the next month's sales. The April 30 finished goods inventory is 162 units. Sales in units May June 270 240 Compute budgeted production (in units) for May. Answer is not complete. CHAMP, INC. Production Budget For Month Ended May 31 Next month's budgeted sales (units) Ratio of inventory to future sales Budgeted ending inventory (units) Add: budgeted sales for the month (units) Required units of available production Less: Beginning inventory (units) Units to be produced
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