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Data Set: Management expects sales of 1,000 units in Q, increasing by 100 units for each successive quarter. The selling price of one unit is
Data Set: Management expects sales of 1,000 units in Q, increasing by 100 units for each successive quarter. The selling price of one unit is $25. Management intends to have 20% of units in ending inventory at the end of each period. [Beginning Inventory for Q1 is 200 , Ending inventory of Q4 is 320 units] Labor requirements is 4 hours per unit, and costs $20 per hour. Prepare: 1. Sales Budget 2. Production Budget 3. Labor Budget
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