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ILLUSTRATION 3.28 Sportswear Ltd. Manufactures sportswear shirts and shorts. The production budget for these two products has to be prepared for the next three months,
ILLUSTRATION 3.28 Sportswear Ltd. Manufactures sportswear shirts and shorts. The production budget for these two products has to be prepared for the next three months, November, 2018, December, 2018 and January 2019. Following information is given : (1) Sales Volume every month will be 2% more than the previous month's volume for each Product. (11) The company carries stock of finished garments sufficient to meet 40% of the next Month's sales. (III) Closing stock for October 2018 was 6,000 shirts and 8,000 shorts. You are required to prepare the production budget for each product for November 2018, December 2018 and January 2019
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