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Gertrude Products expects the following sales of its single product: July August H October November Units 6,100 6,800 September 7,200 8,500 9,700 Gertrude desires
Gertrude Products expects the following sales of its single product: July August H October November Units 6,100 6,800 September 7,200 8,500 9,700 Gertrude desires an ending finished goods inventory to be equal to 30% of the next month's sales needs. July 1 inventory is projected to be 1,830 units. Each unit requires 5 pounds of Chemical A and 15 pounds of Chemical B. July 1 materials inventory includes 9,465 pounds of Chemical A and 94,650 pounds of Chemical B. Gertrude desires to maintain a Chemical A inventory equal to 30% of next month's production needs and a Chemical B inventory equal to 100% of next month's production needs. a. Prepare a production budget for Gertrude for as many months as is possible. Sales Ending Inv Beginning Inv Production July August September October November
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