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Budgeted units sold Budgeted sales price Budgeted revenue January February March Quarter 20,000 30,000 32,000 82,000 $16 $16 $16 $16 $320,000 $480,000 $512,000 $1,312,000 Budgeted
Budgeted units sold Budgeted sales price Budgeted revenue January February March Quarter 20,000 30,000 32,000 82,000 $16 $16 $16 $16 $320,000 $480,000 $512,000 $1,312,000 Budgeted sales of April is 34,000. Company policy requires an ending finished goods inventory each month that will meet 20% of the following month's sales volume. Gary plans to have 2,200 finished bricks at a cost of $49,280 in inventory at the beginning of the year. Prepare Waterway & King's production budget for the first quarter. January February March Quarter Beginning inventory Budgeted ending inventory Budgeted production Budgeted unit sales Total units required
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