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CHAPTER 6: PROFIT PLANNING Question 1 Talam Company makes a 'gula melaka' chocolate mix. In the first 4 months of coming year, Talam expects the
CHAPTER 6: PROFIT PLANNING Question 1 Talam Company makes a 'gula melaka' chocolate mix. In the first 4 months of coming year, Talam expects the following unit sales: Months January February March April Unit 22,000 20,000 30,000 31,000 Talam's policy is to have 20% of next month's sales in ending inventory. On 1 January, it is expected that there will be 1,300 boxes of the chocolate mixture on hand. Required: Prepare a production budget for the first quarter of the year. Show the boxes that should be produced eac
h month as well as for the quarter of total. 31
Talam Company makes a 'gula melaka' chocolate mix. In the first 4 months of coming year, Talam expects the following unit sales Talam's policy is to have 20% of next month's sales in ending inventory. On 1 January, it is expected that there will be 1,300 boxes of the chocolate mixture on hand. Required: Prepare a production budget for the first quarter of the year. Show the boxes that should be produced each month as well as for the quarter of totalStep by Step Solution
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