Answered step by step
Verified Expert Solution
Question
1 Approved Answer
help please 26 Help Save Blue Wave Co predicts the following unit sales for the coming four months September. 3,300 units: October. 4,900 units: November,
help please 26
Help Save Blue Wave Co predicts the following unit sales for the coming four months September. 3,300 units: October. 4,900 units: November, 7,000 units, and December 7,700 units. The company's policy is to maintain finished goods inventory equal to 50% of the next month's sales. At the end of August, the company had 2,400 finished units on hand Prepare a production budget for each of the months of September October, and November Blue Wave Co. Production Budget September October and November September October Next month's budgeted sales (units) 3.300 4.900 Ratio of inventory to future sales 50% 50% Budgeted ending inventory (units) Add. Budgeted sales (units) Required units to be produced Less Beginning inventory (units) Units to be produced 0 November 7,000 50% 0 0 0 0 Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started