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Brookes Inc. has spoken with the Production Department and determined that it would like to have a desired ending finished goods inventory of 20% of

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Brookes Inc. has spoken with the Production Department and determined that it would like to have a desired ending finished goods inventory of 20% of next periods sales. The assumed beginning inventory of finished goods for Q1 and the desired ending inventory of 04 is provided. Please prepare the Production Budget. Production Budget For the Year Ended December 31, 2019 Quarter 2 Quarter 3 Quarter 1 Quarter 4 Year Budgeted Sales Add: Desired ending inventory of finished goods 3,000 3,000 Total needs Deduct: Beginning inventory of finished roods 2,000 2,000 Required Production

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