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Tyler Company budgets 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
Tyler Company budgets 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 unit sales. At the enc of March, the company had 900 finished units in inventory. Prepare a production budget for each of the months of April, May, and June. TYLER COMPANY Production Budget Budgeted sales units April 4,000 May June 6,000 2,000 Less Beginning inventory units Next period budgeted sales units % Desired ending inventory units Total required units Units to produce %
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