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Champ Incorporated budgets the following sales in units for the coming two months. Each month's ending inventory of finished units should be 50% of the
Champ Incorporated budgets 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 120 units. May June Budgeted sales units 240 200 Prepare the production budget for May. CHAMP, INCORPORATED Production Budget May Budgeted sales units Add: Desired ending inventory Desired ending inventory units Total required units Units to produce
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