Question
The Production Budget The management at Royal Company wants ending inventory to be equal to 20% of the following months budgeted sales in units. On
The Production Budget
The management at Royal Company wants ending inventory to be equal to 20% of the following months budgeted sales in units. On March 31st, 4,000 units were on hand. Lets prepare the production budget.
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| April | May | June | Quarter 2 | July | August |
| Budgeted unit sales |
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| Add desired units of ending inventory |
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| Total needs |
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| Less units of beginning inventory |
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| Required production in units |
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Cost Management A Strategic Emphasis
Authors: Edward Blocher, David E. Stout, Gary Cokins, Kung Chen
4th Edition
0073128155, 978-0073128153
