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Using the budgeted sales from your previous sales budget (Tab 6) create a production budget. Your desired ending inventory is 10% of the next QTRS
Using the budgeted sales from your previous sales budget (Tab 6) create a production budget. Your desired ending inventory is 10% of the next QTRS sales. In Q4 your have reach max production capacity which continues into next year.
Quarter | # of Units Sold | Selling Price | Total Sales | Cash Collected |
Q1 | 17.8 | $50.00 | $890.00 | $801.00 |
Q2 | 35.6 | $50.00 | $1,780.00 | $1,691.00 |
Q3 | 71.2 | $50.00 | $3,560.00 | $3,382.00 |
Q4 | 142.4 | $50.00 | $7,120.00 | $6,764.00 |
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