Question
Roberts Enterprises has budgeted sales in units for the next five months as follows: June 4,540 units July 7,300 units August 5,340 units September 6,780
Roberts Enterprises has budgeted sales in units for the next five months as follows:
June 4,540 units
July 7,300 units
August 5,340 units
September 6,780 units
October 3,740 units
Past experience has shown that the ending inventory for each month must be equal to 20% of the next month's sales in units. The inventory on May 31 contained 908 units. The company needs to prepare a production budget for the second quarter of the year.
The total number of units to be produced in July is:
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Financial And Managerial Accounting
Authors: John J Wild
6th Edition
1259621758, 978-1259621758
