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Bridgeport Inc. has projected sales to be 13,000 units in January; 17,000 units in February; 9,000 units in March; 10,000 units in April; and 17,000
Bridgeport Inc. has projected sales to be 13,000 units in January; 17,000 units in February; 9,000 units in March; 10,000 units in April; and 17,000 units in May. There are 900 units on hand on January 1. Management has determined that it needs to carry 20% of the following months sales in ending inventory. Prepare a production budget for the first quarter, by month and in total.
Exercise 10.26 Bridgeport Inc. has projected sales to be 13,000 units in January; 17,000 units in February; 9,000 units in March; 10,000 units in April; and 17,000 units in May. There are 900 units on hand on January 1. Management has determined that it needs to carry 20% of the following month's sales in ending inventory. Prepare a production budget for the first quarter, by month and in total. Production Budget Feb. Jan. Mar. Quarter 13000 17000 9000
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