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This is due in 1 1/2 hrs I need the answers and the excel formulas on how to do this question, that way I can
This is due in 1 1/2 hrs I need the answers and the excel formulas on how to do this question, that way I can learn how to do it.
(A) Production Budget | January | February | March |
Budgeted Unit Sales | 1,200 | 1,000 | 1,600 |
Add:Desired Ending finished inventory | |||
Next period budgeted sales units | 1,000 | 1,600 | 1,400 |
Ratio of inventory to future sales | 30% | 30% | 30% |
Desired ending inventory units | 300 | 480 | 420 |
Total Required Units | 1,500 | 1,480 | 2,020 |
Less: Beginning finished inventory | 340 | 300 | 480 |
Units to produce | 1,160 | 1,180 | 1,540 |
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