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Champ, Inc., predicts the following sales in units for the coming two months. Each month's ending inventory of finished units should be 50% of the
Champ, Inc., predicts the following sales in units for the coming two months. Each month's ending inventory of finished units should be 50% of the next month's sales. The April 30 finished goods inventory is 95 units. May June 190 240 Sales in units Compute budgeted production (in units) for May. CHAMP, INC. Production Budget For Month Ended May 31 Next month's budgeted sales (units) Ratio of inventory to future sales Budgeted ending inventory (units) 240 Required units of available production Less: budgeted sales for the month (units) Units to be produced
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