Arlene Doll Co. has budgeted sales of its dolls over the next 4 months as follows: Sales in Units 30,000 45,000 60,000 50,000 July Aug Sept Oct End of month inventories are budgeted at 20% of next month budgeted sales. Prepare a production budget for the third quarter. Show computations.

Answer and show computations

End of month inventories are budgeted at 20% of next month budgeted sales. Prepare a production budget for the third quarter. Show computations