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Tyson Chandler Companys sales budget projects unit sales of part 198Z of 9,600 units in January, 11,900 units in February, and 12,500 units in March.
Tyson Chandler Companys sales budget projects unit sales of part 198Z of 9,600 units in January, 11,900 units in February, and 12,500 units in March. Each unit of part 198Z requires 2 kg of materials, which cost $3 per kilogram. Tyson Chandler Company wants its ending raw materials inventory to equal 40% of the next months production requirements, and its ending finished goods inventory to equal 25% of the next month's expected unit sales. These goals were met at December 31, 2019
Prepare a production budget for January and February 2020.
TYSON CHANDLER COMPANY Production Budget-1987 For the Two Months Ending February 29, 2020 Month Jan Feb v v : vi
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