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how do you get 5 thousand under june ending inventory? The management at Royal Company wants ending inventory to be equal to 20% of the
how do you get 5 thousand under june ending inventory?
The management at Royal Company wants ending inventory to be equal to 20% of the following month's budgeted sales in units. On March 31st, 4,000 units were on hand. Let's prepare the production budget. 7-35 The Production Budget File Edit View Insert Format Tools Data Window Help Adobe PDF Arial N40 fe CIDI E G H 21 22 Budgeted Sales 23 Add: Desired ending inventory 24 Total Needs 25 Less: Beginning inventory 26 Required production 27 April 20,000 10,000 30 June Quarter 50,000 6,000 30,000 5,000 100,000 5,000 4,000 26,000 10,000 46,000 6,000 29,000 4,000 101,000 Assumed ending inventoryStep by Step Solution
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