Michael Jones, Concord & Jones Fabricators' production manager, has just received the company's sales budget for the first quarter.

January		February			March			April		May			June
21,000		29,000			32,000			33,000		22,000			34,000

Company policy requires an ending finished goods inventory each month that will meet 30% of the following month's sales volume. Michael plans to have 2,400 finished bricks at a cost of $49,280 in inventory at the beginning of the year. Prepare Concord & Jones's production budget for the first quarter.

			January		February		March		Quarter
	select an opening production budget item Budgeted ending inventoryTotal units requiredBeginning inventoryBudgeted unit salesBudgeted production		enter a number of units		enter a number of units		enter a number of units		enter a number of units
	select a production budget item Budgeted productionTotal units requiredBudgeted ending inventoryBudgeted unit salesBeginning inventory		enter a number of units		enter a number of units		enter a number of units		enter a number of units
	select a summarizing line for the first part Beginning inventoryBudgeted ending inventoryTotal units requiredBudgeted productionBudgeted unit sales		enter a total number of units for the first part		enter a total number of units for the first part		enter a total number of units for the first part		enter a total number of units for the first part
	select a production budget item Beginning inventoryBudgeted unit salesBudgeted ending inventoryTotal units requiredBudgeted production		enter a number of units		enter a number of units		enter a number of units		enter a number of units
	select a closing production budget item Budgeted ending inventoryBeginning inventoryTotal units requiredBudgeted productionBudgeted unit sales		enter a total number of units		enter a total number of units		enter a total number of units		enter a total number of units

eTextbook and Media