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Company X Marketing Department has forecasted the following for next quarter: Product XX is expected to sell 14,600 units, Product XY is expected to sell
Company X Marketing Department has forecasted the following for next quarter:
Product XX is expected to sell 14,600 units, Product XY is expected to sell 21,300 units, and Product XZ is expected to sell 34,400 units.
Beginning inventories are as follows:
XX.............1460
XY.............2130
XZ.............3444
Desired ending inventories are:
XX...........15% of sales
XY...........10% of sales
XZ...........20% of sales
Required: Prepare a Production Budget for Company X for the quarter ending August 31, 2010.
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