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Marigold Company has budgeted the following unit sales: 2022 2023 Quarter Units Quarter Units 1 106,000 1 86,000 2 64,000 3 73,000 4 124,000
Marigold Company has budgeted the following unit sales: 2022 2023 Quarter Units Quarter Units 1 106,000 1 86,000 2 64,000 3 73,000 4 124,000 The finished goods inventory on hand on December 31, 2021 was 31,800 units. It is the company's policy to maintain a finished goods inventory at the end of each quarter equal to 30% of the next quarter's anticipated sales. Prepare a production budget for 2022. Expected unit sales eTextbook and Media 1 MARIGOLDCOMPANY Production Budget December 31, 2022 Quarter 2
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