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eBook Show Me How Patrick Inc. makes industrial solvents. In the first 4 months of the coming year, Patrick expects the following unit sales:
eBook Show Me How Patrick Inc. makes industrial solvents. In the first 4 months of the coming year, Patrick expects the following unit sales: January February 41,000 38,000 50,000 March April 51,000 Patrick's policy is to have 21% of next month's sales in ending inventory. On January 1. It is expected that there will be 4,600 drums of solvent on hand. Required: Prepare a production budget for the first quarter of the year. Show the number of drums that should be produced each month as well as for the quarter in total. If required, round your answers to the nearest whole unit. Patrick Inc. Production Budget For the Coming Quarter January February March 1st Quarter Total Sales Desired ending inventory Total needs Lessi Beginning inventory Units to be produced
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