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Please solution on paper Question # 1 BULL Company has budgeted the following unit sales: 2017 2016 Quarter Units Quarter Units 105,000 1 90,000 2

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Question # 1 BULL Company has budgeted the following unit sales: 2017 2016 Quarter Units Quarter Units 105,000 1 90,000 2 60,000 3 75,000 4 120,000 The finished goods inventory on hand on December 31, 2015 was 21,000 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. Instructions Prepare a production budget for 2016. Question # 1 BULL Company has budgeted the following unit sales: 2017 2016 Quarter Units Quarter Units 105,000 1 90,000 2 60,000 3 75,000 4 120,000 The finished goods inventory on hand on December 31, 2015 was 21,000 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. Instructions Prepare a production budget for 2016

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