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Ch 20 Ex 1 i 5 3 points eBook Saved Blue Wave Company budgets the following unit sales for the next four months: September,
Ch 20 Ex 1 i 5 3 points eBook Saved Blue Wave Company budgets the following unit sales for the next four months: September, 3,800 units; October, 4,400 units; November, 6,500 units; and December, 8,000 units. The company's policy is to maintain finished goods inventory equal to 60% of the next month's unit sales. At the end of August, the company had 2,280 finished units in inventory. Prepare a production budget for each of the months of September, October, and November. BLUE WAVE COMPANY Production Budget September 3,800 October November 4,400 6,500 Budgeted sales units Hint Add: Desired ending inventory Next period budgeted sales units 4,800 Ratio of inventory to future sales 60% 60% 60% Print References Desired ending inventory units Total required units Less: Beginning inventory units Units to produce
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