lley.com/was/ui/V2/assessment-player/index.html?launchid=53fefdb6-f8fc-... mework Question 7 of 10 0.32/1 Sheffield manufactures competition stunt kites. In November, Matthew Young prepared the following production budget for the first quarter of the coming year. Desired ending inventory is based on the following month's budgeted sales. January 44,000 7,000 Budgeted sales Desired ending inventory Kites needed Less beginning inventory Budgeted production February 32.000 6.000 38,000 7.000 31,000 March 35.000 2.400 37.400 6,000 31,400 Quarter 111.000 2,400 113.400 4,000 109,400 51.000 4,000 47.000 Following lower-than-expected sales in December, Jerry conducted an inventory count on January 2 and discovered that the company had 5.000 completed kites on hand. He decided that given the slow sales in December, the company should decrease its desired ending inventory level from 20 to 10% of the next month's sales volume. (a) Prepare a new production budget for the first quarter. January February March 32000 35000 44000 Budgeted unit sales 3500 Budgeted ending inventory tmirlaunchid=53lefdb6-181 vork Question 7 of 10 0.3271 Following lower-than-expected sales in December, Jerry conducted an inventory count on January 2 and discovered that the company had 5,000 completed kites on hand. He decided that given the slow sales in December, the company should decrease its desired ending inventory level from 20 to 10% of the next month's sales volume. (a) Prepare a new production budget for the first quarter. January February March Budgeted unit sales 44000 32000 35000 Budgeted ending inventory 3500 Total units required Beginning inventory Budgeted production e Textbook and Media Attempts: unlimited Save for Later ML