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Exercise 5-11 Joshua Hill, Marigold & Hill Fabricators' production manager, has just received the company's sales budget for the first quarter. January February March April
Exercise 5-11 Joshua Hill, Marigold & Hill Fabricators' production manager, has just received the company's sales budget for the first quarter. January February March April MayJune 17,600 34,320 30,800 25,520 23,000 20,000 Company policy requires an ending finished goods inventory each month that will meet 18% of the following month's sales volume. Joshua plans to have 4,928 finished bricks at a cost of $43,120 in inventory at the beginning of the year. Prepare Marigold & Hill's production budget for the first quarter. (Round answers to O decimal places, e.g. 5,275.) January March Quarter Budgeted unit sales Budgeted ending inventory Total units required Budgeted production Total units required
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