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Blossom Company estimates that unit sales will be 9,700 in quarter 1; 12,000 in quarter 2; 14,600 in quarter 3; and 18,300 in quarter 4.

Blossom Company estimates that unit sales will be 9,700 in quarter 1; 12,000 in quarter 2; 14,600 in quarter 3; and 18,300 in quarter 4. Management wants to have an ending finished goods inventory equal to 21% of the next quarters expected unit sales. Prepare a production budget by quarters for the first six months of 2022.

BLOSSOM COMPANY Production Budget For the Six Months Ending June 30, 2022
Quarter Total
1 2

select an opening production budget item Beginning finished goods inventoryTotal required unitsExpected unit salesDesired ending finished goodsRequired productions in units

enter a number of units enter a number of units enter a number of units

select between addition and deduction AddLess: select a production budget item Desired ending finished goodsExpected unit salesRequired productions in unitsTotal required unitsBeginning finished goods inventory

enter a number of units enter a number of units enter a number of units

select a summarizing line for the first part Desired ending finished goodsRequired productions in unitsBeginning finished goods inventoryTotal required unitsExpected unit sales

enter a total number of units for the first part enter a total number of units for the first part enter a total number of units for the first part

select between addition and deduction AddLess: select a production budget item Beginning finished goods inventoryDesired ending finished goodsTotal required unitsRequired productions in unitsExpected unit sales

enter a number of units enter a number of units enter a number of units

select a closing production budget item Total required unitsExpected unit salesRequired productions in unitsBeginning finished goods inventoryDesired ending finished goods

enter a total number of units enter a total number of units enter a total number of units

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