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Hospitable Co. provides the following sales forecast for the next four months: April May June July Sales (units) 620 700 650 650 The company wants
Hospitable Co. provides the following sales forecast for the next four months:
April | May | June | July | |
Sales (units) | 620 | 700 | 650 | 650 |
The company wants to end each month with ending finished goods inventory equal to 40% of next month's sales. Finished goods inventory on April 1 is 248 units. Assume July's budgeted production is 660 units. |
Prepare a production budget for the months of April, May, and June.
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