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Budget Review Problem The following budgeted unit information is provided below for CPA, LLC's Sales for the next four months. Month Units DEI Desired Ending

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Budget Review Problem The following budgeted unit information is provided below for CPA, LLC's Sales for the next four months. Month Units DEI Desired Ending Inventory for: April 400.000 March: May 450.000 Aprill June 500,000 May: July 600.000 June: Past history indicates that the end of month inventories for finished goods should be at least 25% of the following month's sales in units. Required: A production budget in units for CPA's next quarter Format April May June Quarter Sales Total Needs Total Production . What are the advantages of budgeting in general? In relation to the budgeting process, how important is the production budget? Explain your answer What other budget is needed to prepare a production budget? 91

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