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Jennifers Company estimates that unit sales will be 9,600 in quarter 1; 12,300 in quarter 2; 13,600 in quarter 3; and 18,100 in quarter 4.

Jennifers Company estimates that unit sales will be 9,600 in quarter 1; 12,300 in quarter 2; 13,600 in quarter 3; and 18,100 in quarter 4. Management wants to have an ending finished goods inventory equal to 18% of the next quarters expected unit sales. Prepare a production budget by quarters for the first six months of 2022.

IVANHOE COMPANY Production Budget For the Six Months Ending June 30, 2022
Quarter Total
1 2

select an opening production budget item Total required unitsRequired productions in unitsBeginning finished goods inventoryDesired ending finished goodsExpected unit sales

enter a number of units enter a number of units enter a number of units

select between addition and deduction AddLess: select a production budget item Desired ending finished goodsBeginning finished goods inventoryRequired productions in unitsExpected unit salesTotal required units

enter a number of units enter a number of units enter a number of units

select a summarizing line for the first part Expected unit salesTotal required unitsBeginning finished goods inventoryRequired productions in unitsDesired ending finished goods

enter a total number of units for the first part enter a total number of units for the first part enter a total number of units for the first part

select between addition and deduction AddLess: select a production budget item Expected unit salesBeginning finished goods inventoryRequired productions in unitsTotal required unitsDesired ending finished goods

enter a number of units enter a number of units enter a number of units

select a closing production budget item Required productions in unitsDesired ending finished goodsTotal required unitsBeginning finished goods inventoryExpected unit sales

enter a total number of units enter a total number of units enter a total number of units

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