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Problem 5 (10 points) 24 Complete the production Budget. Desired ending inventory is 20% of next month's sales. 5 Assume this was met for March
Problem 5 (10 points) 24 Complete the production Budget. Desired ending inventory is 20% of next month's sales. 5 Assume this was met for March and carried to April's beginning inventory. 6 July sales are expected to be 7,000 units. 7 18 Total April 4,000 May! 5,000 June 6,000 -9 Sales (Units) so Desired ending Inv. -1 Total needs -2 Less Beg. Inv. 13 Units to produce -5
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