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Maltz Company estimates that unit sales will be 10,300 in quarter 1; 12,670 in quarter 2; 14,150 in quarter 3; and 18,460 in quarter 4.
Maltz Company estimates that unit sales will be 10,300 in quarter 1; 12,670 in quarter 2; 14,150 in quarter 3; and 18,460 in quarter 4. Management wants to have an ending finished goods inventory equal to 20% of the next quarters expected unit sales. Prepare a production budget by quarters for the first six months of 2012.
MALTZ COMPANY Production Budget For the Six Months Ending June 30, 2012 Quarter Total 2 Desired ending finished goods Total required units Beginning finished goods inventory Expected unit sales Required productions in unitsStep by Step Solution
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