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Monty Company has budgeted the following unit sales: 2022 2023 Quarter Units Quarter Units 1 104,000 1 90,000 2 62,000 3 75,000 4 116,000 The
Monty Company has budgeted the following unit sales: 2022 2023 Quarter Units Quarter Units 1 104,000 1 90,000 2 62,000 3 75,000 4 116,000 The finished goods inventory on hand on December 31, 2021 was 20,800 units. It is the company's policy to maintain a finished goods inventory at the end of each quarter equal to 20% of the next quarter's anticipated sales. Prepare a production budget for 2022. Quarter 2
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