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Please help me with this project Preparing a Comprehensive Budget. Bathworks Sales Budget For the Year Ended December 31 Quarter 1 2 3 4 Year
Please help me with this project
Preparing a Comprehensive Budget. Bathworks Sales Budget For the Year Ended December 31 Quarter 1 2 3 4 Year 3,000 5,000 5,000 17,000 Sales in Units Selling Price per unit Total Sales 4,000 $6 $ 24,000 Bathworks Production Budget For the Year Ended December 31 Quarter 1 2 3 4 Year 4,000 600 600 Sales in units Plus desired units of ending finished goods inventory(a) Desired total units Less desired units of beginning finished goods inventory(b) Total production units 300 4,300 400 400 3,900 (a) Desired units of ending finished goods Inventory = 10% of next quarter's budgeted sales. (b) Desired units of beginning finished goods Inventory = 10 % of current quarter's budgeted salesStep by Step Solution
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