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Porcelain Interiors sells a variety of porcelain products including porcelain sinks. On December 31, the company had 150 sinks in inventory. The company's policy is
Porcelain Interiors sells a variety of porcelain products including porcelain sinks. On December 31, the company had 150 sinks in inventory. The company's policy is to maintain a sink inventory equal to 10% of next month's expected sales. The company expects the following sales activity for the six months of the year:
January | 1,500 sinks |
February | 1,600 sinks |
March | 1,700 sinks |
April | 1,800 sinks |
May | 1,750 sinks |
June | 1,650 sinks |
Prepare the production budget for January through March.
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