Saved Exercise 20-4 (Algo) Manufacturing: Production budget LO P1 Blue Wave Company budgets the following unit...
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Saved Exercise 20-4 (Algo) Manufacturing: Production budget LO P1 Blue Wave Company budgets the following unit sales for the next four months: September, 3,500 units; October, 5,000 units. November, 6,400 units; and December, 7700 units. The company's policy is to maintain finished goods inventory equal to 60% of the next month's unit sales. At the end of August, the company had 2,100 finished units in inventory. Prepare a production budget for each of the months of September, October, and November. BLUE WAVE COMPANY Production Budget Next period budgeted sales units Desired ending inventory units Total required units Less: Beginning inventory units Units to produce September October November Saved Exercise 20-4 (Algo) Manufacturing: Production budget LO P1 Blue Wave Company budgets the following unit sales for the next four months: September, 3,500 units; October, 5,000 units. November, 6,400 units; and December, 7700 units. The company's policy is to maintain finished goods inventory equal to 60% of the next month's unit sales. At the end of August, the company had 2,100 finished units in inventory. Prepare a production budget for each of the months of September, October, and November. BLUE WAVE COMPANY Production Budget Next period budgeted sales units Desired ending inventory units Total required units Less: Beginning inventory units Units to produce September October November
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