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Young Enterprises has budgeted sales in units for the next five months as follows: June 5,900 units July 8,500 units August 6,700 units September 8,100
Young Enterprises has budgeted sales in units for the next five months as follows:
June | 5,900 units |
July | 8,500 units |
August | 6,700 units |
September | 8,100 units |
October | 5,100 units |
Past experience has shown that the ending inventory for each month should be equal to 24% of the next month's sales in units. The inventory on May 31 fell short of this goal since it contained only 1,400 units. The company needs to prepare a Production Budget for the next five months. The total number of units to be produced in July is:
10,108 units | |
8,500 units | |
8,068 units | |
8,932 units |
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