Question
Mark Antony Enterprises has budgeted unit sales for the next four months as follows: October 3800 November 4800 December 6400 January 5200 The ending inventory
- Mark Antony Enterprises has budgeted unit sales for the next four months as follows:
| October | 3800 |
| November | 4800 |
| December | 6400 |
| January | 5200 |
The ending inventory for each month should be equal to 10% of the next month's sales in units. The inventory on September 30 was 200 units.
REQUIRED: Prepare a Production Budget for the quarter ending in December.
|
| October | November | December | Quarter Total |
| Budgeted unit sales | 3800 |
|
|
|
| Add: ending inventory | 480 |
|
|
|
| Total needs | 4280 |
|
|
|
| Less: beginning inventory | 200 |
|
|
|
| Units to produce | 4080 |
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Cost Accounting College Version
Authors: Steven M. Bragg
1st Edition
1938910702, 978-1938910708
