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Hodge and Tyler Co. anticipates the following unit sales for the next four months: April, 4,000 units; May, 5,000 units; June, 6,900 units; and July,
Hodge and Tyler Co. anticipates the following unit sales for the next four months: April, 4,000 units; May, 5,000 units; June, 6,900
units; and July, 2,200 units. The company's policy is to maintain finished goods Inventory equal to 20% of the next month's sales. At
the end of March, the company had 500 finished units on hand.
Prepare a production budget for each of the months of April, May, and June for Hodge and Tyler Co.
Tyler Co.
Production Budget
April, May and June
April
May
June
Next month's budgeted sales (units)
%
Units to be produced
A
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