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Exercise 22-5 (Algo) Manufacturing: Production budget LO P1 Tyler Company budgets the following unit sales for the next four months: April, 3,000 units; May, 4,600
Exercise 22-5 (Algo) Manufacturing: Production budget LO P1 Tyler Company budgets the following unit sales for the next four months: April, 3,000 units; May, 4,600 units; June, 6,600 units; and July, 2,800 units. The companys policy is to maintain finished goods inventory equal to 30% of the next months unit sales. At the end of March, the company had 900 finished units in inventory. Prepare a production budget for each of the months of April, May, and June.
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