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The sales budget for Modesto Corp. shows that 20,800 units of Product A and 22,800 units of Product B are going to be sold for
The sales budget for Modesto Corp. shows that 20,800 units of Product A and 22,800 units of Product B are going to be sold for prices of $10.80 and $12.80, respectively. The desired ending inventory of Product A is 20% higher than its beginning inventory of 2,800 units. The beginning inventory of Product B is 3,300 units. The desired ending inventory of B is 3,800 units. Budgeted purchases of Product A for the year would be:
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