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PLEASE RESPOND ASAP WITH ANSWER AND EXPLANATION. Current Attempt in Progress Maltz Company estimates that unit sales will be 9,600 in quarter 1; 11,900 in
PLEASE RESPOND ASAP WITH ANSWER AND EXPLANATION.
Current Attempt in Progress Maltz Company estimates that unit sales will be 9,600 in quarter 1; 11,900 in quarter 2; 14,000 in quarter 3; and 17,800 in quarter 4. Management wants to have an ending finished goods inventory equal to 19% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first six months of 2020. MALTZ COMPANY Production Budget For the Six Months Ending June 30, 2020 Quarter Total 2 Expected Unit Sales 9,600 11,900 Add Desired Ending Finished Goods Required Productions in Units Less v: Beginning Finished Goods Inventory Required Productions in Units Maltz Company estimates that unit sales will be 9,600 in quarter 1; 11,900 in quarter 2; 14,000 in quarter 3; and 17,800 in quarter 4. Management wants to have an ending finished goods inventory equal to 19% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first six months of 2020. MALTZ COMPANY Production Budget For the Six Months Ending June 30, 2020 Quarter Total 1 2 nit Sales 9,600 11,900 21,500 Desired Ending Finished Goods 'oductions in Units Beginning Finished Goods Inventory roductions in UnitsStep by Step Solution
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