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The inventory policy is to have ending inventory equal to 20% of next months sales. June July August Desired ending inventory ? ? ? Beginning
The inventory policy is to have ending inventory equal to 20% of next months sales.
| June | July | August | |
| Desired ending inventory | ? | ? | ? |
| Beginning inventory | ? | ? | ? |
| Budgeted sales | ? | 240 | 400 |
| Budgeted production | ? | ? | 380 |
Compute budgeted production for July
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120
not enough information
272
320
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Strategic Accounting For Management
Authors: Bob Ryan
1st Edition
1861524625, 9781861524621
