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Sheffield Company estimates that unit sales will be 12,600 in quarter 1, 17,640 in quarter 2, 18,900 in quarter 3, and 22,680 in quarter 4.
Sheffield Company estimates that unit sales will be 12,600 in quarter 1, 17,640 in quarter 2, 18,900 in quarter 3, and 22,680 in quarter 4. The unit selling price is $70. Management desires to have an ending finished goods inventory equal to 25% of the next quarters expected unit sales. Prepare a production budget by quarters for the first 6 months of 2022.
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