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Brinso Supply Corporation manufactures and sells cotton gauze. Expected sales of gauze (in boxes) for upcoming months are as follows: June 38,000 July 32,000 August
Brinso Supply Corporation manufactures and sells cotton gauze. Expected sales of gauze (in boxes) for upcoming months are as follows:
June | 38,000 | |
July | 32,000 | |
August | 40,000 | |
September | 33,000 | |
October | 36,000 | |
November | 37,000 | |
December | 39,000 | |
Management likes to maintain a finished goods inventory equal to 10% of the next month's estimated sales.
Prepare the company's production budget for the third quarter of this year (the months of July, August and September). Include a column for each month and a total column for the entire quarter.
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