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Wright Lighting Futures forecasts ts sales in units for the next four months as follows Harch 25,60 April 27,00 May 24,500 une 23,09 Wright maintains
Wright Lighting Futures forecasts ts sales in units for the next four months as follows Harch 25,60 April 27,00 May 24,500 une 23,09 Wright maintains an ending inventory for each month in the amount of two and one -half omes the expected sales in the following month. The ending inventory for Fobruary (March's beginning inventory) refects ths policy Matertals cost $7 por unit and are paid for in the month after production. Labor cost is $11 per unit and is paid for in the month incurred Fixed overhead i $21500 per month Dividends of $21900 are to be paid in May. The frm produced 24,000 units in February Complete a production schedule and a summary of cash payments for March, Aprit, and May Remember that production in any one month is equal to sales plus desired ending Inventory minus beginning Inventory Wright Lighting Fixtures Deseed end
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