48 49 50 Part 3: (5 marks) 51 NFT wants an ending inventory equal to 15% of the following month's budgeted sales in units. 52 On June 30th, 60,000 units were on hand. 53 The September 30th desired ending inventory is 80,000. units 54 55 Production Budget 56 57 July August September Quarter 58 Budgeted Sales 59 Desired Ending Inventory 60 Total Needs 61 62 Less Beginning Inventory 63 Required Production 64 65 66 Part 4: (5 marks) 67 NFT uses 10 pounds of material per unit. 68 NFT has decided it wants 15% material of the following month's production, 48 49 50 Part 3: (5 marks) 51 NFT wants an ending inventory equal to 15% of the following month's budgeted sales in units. 52 On June 30th, 60,000 units were on hand. 53 The September 30th desired ending inventory is 80,000. units 54 55 Production Budget 56 57 July August September Quarter 58 Budgeted Sales 59 Desired Ending Inventory 60 Total Needs 61 62 Less Beginning Inventory 63 Required Production 64 65 66 Part 4: (5 marks) 67 NFT uses 10 pounds of material per unit. 68 NFT has decided it wants 15% material of the following month's production