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Blue Wave Company budgets the following unit sales for the next four months: September, 3,700 units; October, 4,500 units; November, 6,700 units; and December, 7,600
Blue Wave Company budgets the following unit sales for the next four months: September, 3,700 units; October, 4,500 units; November, 6,700 units; and December, 7,600 units. The company's policy is to maintain finished goods inventory equal to 70% of the next month's unit sales. At the end of August, the company had 2,590 finished units in inventory. Prepare a production budget for each of the months of September, October, and November
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