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8. Miley predicts sales of 4150 units in May & 7063 units in June. Target end of month finished-goods inventory is 10% of next month's
8.
Miley predicts sales of 4150 units in May \& 7063 units in June. Target end of month finished-goods inventory is 10% of next month's sales. The company wants Raw Materials ending inventory to cover 20% of next month's needs. The units each require 2 pieces of trim to manufacture and each trim costs $4 per piece. The units also require 2 hours of labor. The direct labor rate is $10 per hour. Prepare a production budget for May. What is the total units to produce in May? Round ONLY your final answer to the nearest whole unit and enter as a positive number (no sign). Do NOT round any intermediate calculations. Hint: Consider current production as well as beginning and ending inventoriesStep by Step Solution
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