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Thomas Taylor, Vaughn & Taylor Fabricators' production manager, has just received the company's sales budget for the first quarter. January February March Quarter Budgeted units
Thomas Taylor, Vaughn & Taylor Fabricators' production manager, has just received the company's sales budget for the first quarter. January February March Quarter Budgeted units sold 22,000 30,000 32,000 84,000 Budgeted sales price $21 $21 $21 $21 Budgeted revenue $462,000 $630,000 $672,000 $1,764,000 Budgeted sales of April is 36,000. Company policy requires an ending finished goods inventory each month that will meet 20% of the following month's sales volume. Thomas plans to have 2,600 finished bricks at a cost of $49,280 in inventory at the beginning of the year. Prepare Vaughn & Taylor's production budget for the first quarter. Prepare Vaughn & Taylor's production budget for the first quarter. January February March Quarter
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