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QS 20-6 (Algo) Manufacturing: Productlon budget LO P1 Champ Incorporated budgets the following sales in units for the coming two months. Each month's ending Inventory
QS 20-6 (Algo) Manufacturing: Productlon budget LO P1 Champ Incorporated budgets the following sales in units for the coming two months. Each month's ending Inventory of finished units should be 60% of the next month's sales. The April 30 finished goods inventory is 114 units. Prepare the production budget for May. QS 20-7 (Algo) Manufacturlng: Production budget LO P1 Atlantic Surf manufactures surfboards. The company's budgeted sales units for the next three months is shown below. Company policy Is to maintaln finished goods Inventory equal (In units) to 40% of the next month's unlt sales. As of June 30 , the company has 1,920 finished surfboards in inventory. Prepare the production budget for the months of July and August. QS 20-8 (Algo) Manufacturlng: Productlon budget LO P1 Forrest Company manufactures phone chargers and has a policy that ending Inventory should equal 25% of the next month's oudgeted unit sales. October's ending Inventory equals 115,000 units. November and December sales are budgeted to be 460,000 units and 410,000 units, respectlvely. Prepare the production budget for November
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