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Shipside, Inc., has budgeted sales in units for the next two months as follows: July 6,300 August 4,700 Past experience has shown that the ending
Shipside, Inc., has budgeted sales in units for the next two months as follows: July 6,300 August 4,700 Past experience has shown that the ending inventory for each month should be equal to 20% of the next month's sales in units. The inventory on June 30 contained 1,260 units. [Hint: remember from accounting 205, the ending inventory of the previous month is the beginning inventory in the current month] Required: Prepare a production budget for the month of July.
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