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Determine Budgeted Production of quarter 1 to 4 year 2021 Sales Budget (in units) Quarter 1 Quarter 2 Quarter 3

Determine Budgeted Production of quarter 1 to 4 year 2021


Sales Budget (in units)

Quarter 1         Quarter 2    Quarter 3       Quarter 4     Total

 307,500.00  717,500.00  205,000.00  820,000.00  2,050,000.00 ·       


 *Sales for 2022 will increase by 25%.


Production Budget

It is the company's policy to maintain quantity of finished goods inventory at the end of each quarter equal to 30% of the next quarter's budgeted sales of units.


I think the problem is silent on what is beginning inventory for quarter 1

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