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Tyler Co. predicts the following unit sales for the next four months: April, 3,000 units; May, 4,000 units; June, 6,000 units; and July, 2,000 units.
Tyler Co. predicts the following unit sales for the next four months: April, 3,000 units; May, 4,000 units; June, 6,000 units; and July, 2,000 units. The company's policy is to maintain finished goods inventory equal to 30% of the next month's sales. At the end of March, the company had 900 finished units on hand. Prepare a production budget for each of the months of April, May, and June. Tyler Co. Production Budget April, May and June Next month's budgeted sales (units) April % May June % %6 0 0 0 Units to be produced 0 0 0 Tyler Co. Production Budget April, May and June Next month's budgeted sales (units) April Budgeted ending inventory (units) Ratio of inventory to future sales Required units of available production % May 0 0 % June 0 0 C
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