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Esquire Products Inc. expects the following monthly sales: S 40,000 July February March April May June 31,000 August 4,000 September 6,000 October 0,000 November 18,000
Esquire Products Inc. expects the following monthly sales: S 40,000 July February March April May June 31,000 August 4,000 September 6,000 October 0,000 November 18,000 December S 34,000 38,000 41,000 46,000 54,000 36,000 Total sales $408.000 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 S2 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 24,000 units. Esquire Products Inc. Production and Inventory Schedule in Units Beginning Production -SalesEnding 24,000 February March April May June July August October
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