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Hospitable Co. provides the following sales forecast for the next four months: April May June July Sales (units) 530 610 560 560 The company wants
Hospitable Co. provides the following sales forecast for the next four months: April May June July Sales (units) 530 610 560 560 The company wants to end each month with ending finished goods inventory equal to 20% of next month's sales. Finished goods inventory on April 1 is 106 units. Assume July's budgeted production is 570 units. Pruparo a production bu pni, May and June Prepare a production budget for the months of April, May, and June HOSPITABLE CO Production Budget For April, May, and June April May June 610 Next month's budgeted sales (units) Ratio of inventory to future sales 560 560 20% Required units of available production Units to be produced
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