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ACMilan Ltd. has the following budgeted sales for the selected six-month period: Month Unit Sales June 15,000 July 20,000 August 35,000 September 25,000 October 30,000

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ACMilan Ltd. has the following budgeted sales for the selected six-month period: Month Unit Sales June 15,000 July 20,000 August 35,000 September 25,000 October 30,000 November 20,000 There were 7,500 units of finished goods in inventory at the beginning of June. Plans are to have an inventory of finished product equal to 20 per cent of the unit sales for the next month. Three kgs of materials are required for each unit produced. Each kg of material costs f20. Inventory levels for materials equal 30 per cent of the needs for the next month. Materials inventory on June 1 was 5,000 kgs

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