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Yasmin Company manufactures luggage sets. Yasmin sells its luggage sets to department stores. All sales are cash only. The company sales budget for January and
Yasmin Company manufactures luggage sets. Yasmin sells its luggage sets to department stores. All sales are cash only. The company sales budget for January and February follows: (Click on the icon to view the sales budget.) Yasmin has 170 luggage sets on hand on January 1 and desires to have an ending inventory equal to 40% of the next month's sales. March sales are expected to be 2,350 luggage sets. Use this information and the sales budget to prepare Yasmin's production budget for January and February Select the labels, enter the amounts and prepare the production budget for January. Then, prepare the production budget for February x Data Table Yasmin Company Production Budget Two Months Ended January 31 and February 28 January Plus: Yasmin Company Sales Budget Two Months Ended January 31 and February 28 January February Total luggage sets needed Less: Budgeted luggage sets to be sold 1.850 Budgeted luggage sets to be produced 2.250 320 Sales price per set $ 320$ $ Total sales 720,000 592,000 $ Print Done Budgeted luggage sets to be sold March sales Luggage sets in beginning inventory Selling price per unit January sales February sales Desired luggage sets in ending inventory Luggage sets in beginning inventory
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