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Calculate the production budget with the following data: Explain, please how to calculate the beginning inventory for each month and the ending inventory (especially December).
Calculate the production budget with the following data: Explain, please how to calculate the beginning inventory for each month and the ending inventory (especially December).
Budgeted sales | October:68000 | November:60000 | December 65000 | Quarter:193000 |
+Desired ending Inventory |
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Total needs |
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-Beginning inventory |
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Required production |
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Products ending inventory have to be equal to 15% of the months budgeted sales in units (September ending stocks: 5.000).
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