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rantham Manufacturing Company makes oak rocking chairs. Budgeted sales are 21,700 for July, 23,300 for August, 26,200 for September and 32,600 for October. Grantham maintains
rantham Manufacturing Company makes oak rocking chairs. Budgeted sales are 21,700 for July, 23,300 for August, 26,200 for September and 32,600 for October. Grantham maintains an ending inventory equal to 10% of the current months sales. Ending inventory at June 30th was 3,130. Prepare a production budget for the 3rd quarter ending September 30. Grantham Manufacturing Company Production Budget July August September 3rd Quarter
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