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QS 20-7(Algo) Manufacturing: Production budget LO P1
Atlantic Surf manufactures surfboards. The company's budgeted sales units for the next three months is shown below. Company policy is to maintain finished goods inventory equal (in units) to 50% of the next month's unit sales. As of June 30, the company has 1,650 finished surfboards in inventory.
\table[[Rd ,,July,August,September],[Budgeted sales units,3,300,6,100,4,000]]
Prepare the production budget for the months of July and August.
Answer is complete but not entirely correct.
\table[[ATLANTIC SURF],[Production Budget],[,,July,August],[Budgeted sales units,Q,3,300,6,100
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