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Jiklo limiited has following sales budget for next 4 month; May June July August Units 4000 5000 6000 6500 Sales 20 25 33 39 Each

Jiklo limiited has following sales budget for next 4 month;

May June July August

Units 4000 5000 6000 6500

Sales 20 25 33 39

Each widget requires 25 grams of palladium, which cost $ 70 per gram.

63% of accounts receivable are collect in month of sale, 34% are collected in follwoing month and 3 % are epxected to go bad. A 2% discount is given to customers who pay within the month of sale.

Raw materials inventory at the end of each month should be 50% in following month productiion. 30% of cost of raw material purchase is paid in the month of purchase.

Finished goods inventory at the end of each mont hshould be 24% . At the begining of may, invenotry is expecte to be 3,000 units.

Calculate the number of widgets that needs to be produced in June.

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