Question
Atlantic Surf manufactures surfboards. The companys budgeted sales units for the next three months is shown below. Company policy is to maintain finished goods inventory
Atlantic Surf manufactures surfboards. The companys budgeted sales units for the next three months is shown below. Company policy is to maintain finished goods inventory equal (in units) to 30% of the next months unit sales. As of June 30, the company has 1,470 finished surfboards in inventory.
| July | August | September | |
|---|---|---|---|
| Budgeted sales units | 4,900 | 7,300 | 3,800 |
Prepare the production budget for the months of July and August.
2- Atlantic Surf manufactures surfboards. The companys budgeted sales units for the next three months is shown below. Company policy is to maintain finished goods inventory equal (in units) to 30% of the next months unit sales. As of June 30, the company has 1,470 finished surfboards in inventory.
| July | August | September | |
|---|---|---|---|
| Budgeted sales units | 4,900 | 7,300 | 3,800 |
Prepare the production budget for the months of July and August.
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Advanced Accounting
Authors: Susan S. Hamlen
4th Edition
1618532618, 9781618532619
