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Oriole Inc. has projected sales to be 17,000 units in January; 20,000 units in February; 14,000 units in March; 10,000 units in April; and 20,000
Oriole Inc. has projected sales to be 17,000 units in January; 20,000 units in February; 14,000 units in March; 10,000 units in April; and 20,000 units in May. There are 800 units on hand on January 1. Management has determined that it needs to carry 5% of the following months sales in ending inventory. Prepare a production budget for the first quarter, by month and in total.
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