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Young Enterprises has budgeted sales in units for the next five months as follows: June 4,900 units July 7,500 units August 5,700 units September 7,100
Young Enterprises has budgeted sales in units for the next five months as follows:
June | 4,900 units |
July | 7,500 units |
August | 5,700 units |
September | 7,100 units |
October | 4,100 units |
Past experience has shown that the ending inventory for each month should be equal to 20% of the next month's sales in units. The inventory on May 31 fell short of this goal since it contained only 950 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:
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