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3. Benet Company has budgeted the following unit sales ot 201 Quarter Units 90,000 Units 105,000 60,000 75,000 120,000 Quarter 4 The finished goods inventory

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3. Benet Company has budgeted the following unit sales ot 201 Quarter Units 90,000 Units 105,000 60,000 75,000 120,000 Quarter 4 The finished goods inventory on hand on December 31, 2015 was 21,000 units It is the company's policy to maintain a finished goods inventory at the end of each quarterequal to 20% of the next quarters anticipated sales Prepare a production budget for 2016. Solution Benet Company Production Budget For the Year Ended December 31, 2016 Quarter Total

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