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Esquire Products Inc. expects the following monthly sales January February March April May June $ 19,000 23,000 26,000 31,000 39,000 21,000 S 25,000 July 16,000
Esquire Products Inc. expects the following monthly sales January February March April May June $ 19,000 23,000 26,000 31,000 39,000 21,000 S 25,000 July 16,000 August 9,000 September 11.000 October 5,000 November 3,000 December Total sales $228,000 Cash sales are 40 percent in a given month, with the remainder going into accounts receivable. All receivables are collected in the month following the sale. Esquire sells all of its goods for $2 each and produces them for $1 each. Esquire uses level production, and average monthly production is equal to annual production divided by 12 a. Generate a monthly production and inventory schedule in units. Beginning inventory in January is 9,000 units Esquire Products Inc. Production and Inventory Schedule in Units Production- Beginning Invento Ending Invento Sales 9,000 January February March April May June July August September October November December
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