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Brothers Ltd has budgeted the following unit sales: 1 2017 2018 Quarter Units Quarter Units 70,000 1160000 2 30,000 50,00011 190,000 The finished goods inventory

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Brothers Ltd has budgeted the following unit sales: 1 2017 2018 Quarter Units Quarter Units 70,000 1160000 2 30,000 50,00011 190,000 The finished goods inventory on hand on 31 December 2016 was 7,000 units. It is the company's policy to maintain a finished goods inventory at the end of each quarter equal to 10% of the next quarter's anticipated sales. Required: Prepare a production budget for 2017. Write your answer in the table below. Show workings. [Answer here] Brothers LTD Production Budget for the year ended 31 December 2017 I Quarter 12 [Show workings)

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