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Exercise 20-4 (Algo) Manufacturing: Production budget LO P1 Blue Wave Company budgets the following unit sales for the next four months: September, 3,500 units; October,
Exercise 20-4 (Algo) Manufacturing: Production budget LO P1 Blue Wave Company budgets the following unit sales for the next four months: September, 3,500 units; October, 4,700 units; November, 6,200 units; and December, 8,200 units. The company's policy is to maintain finished goods inventory equal to 50% of the next month's unit sales. At the end of August, the company had 1,750 finished units in inventory. Prepare a production budget for each of the months of September, October, and November
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