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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.
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