Question
The Bobbie knight folding chair company makes high-quality folding chairs known for their accuracy when thrown. The company budget its production and sales on a
The Bobbie knight folding chair company makes high-quality folding chairs known for their accuracy when thrown. The company budget its production and sales on a quarterly basis. Below are the 2021 budget sales figure for July-October
Month sales in unit
July 44000
August 34000
September 35000
October 40000
The company's targeted finished good inventory policy is to have 40% of next month sale on hand at the end of each month. Expected finished goods in July 1, 2021 is 12000 units.
The company's budgeted production for the third quarter of 2021 is ( the third quarter is month pf July, August , and September)
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