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Blue Wave Co. predicts the following unit sales for the coming four months: September, 3,200 units; October, 4,700 units; November, 6,500 units; and December, 8,400
Blue Wave Co. predicts the following unit sales for the coming four months: September, 3,200 units; October, 4,700 units; November, 6,500 units; and December, 8,400 units. The companys policy is to maintain finished goods inventory equal to 70% of the next months sales. At the end of August, the company had 3,000 finished units on hand. Prepare a production budget for each of the months of September, October, and November.
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