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Edward Lewis, Bonita & Lewis Fabricators' production manager, has just received the company's sales budget for the first quarter. January February March Quarter 21.000 30,000
Edward Lewis, Bonita & Lewis Fabricators' production manager, has just received the company's sales budget for the first quarter. January February March Quarter 21.000 30,000 32,000 83,000 Budgeted units sold Budgeted sales price Budgeted revenue $17 $17 $17 $17 $357,000 $510,000 $544,000 $1.411,000 Budgeted sales of Aprilis 35,000. Company policy requires an ending finished goods inventory each month that will meet 20% of the following month's sales volume. Edward plans to have 2.400 finished bricks at a cost of $49,280 in inventory at the beginning of the year. . Prepare Bonita & Lewis's production budget for the first quarter. January February March Quarter Beginning inventory Budgeted ending inventory Budested production Budgeted unit sales Total units required
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