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Your answer is partially correct. Metlock Company estimates that unit sales will be 9,700 in quarter 1: 11,800 in quarter 2; 14,500 in quarter
Your answer is partially correct. Metlock Company estimates that unit sales will be 9,700 in quarter 1: 11,800 in quarter 2; 14,500 in quarter 3; and 18,200 in quarter 4. Management wants to have an ending finished goods inventory equal to 20% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first six months of 2022. METLOCK COMPANY Production Budget For the Six Months Ending June 30, 2022 nished goods 1 9700 2360 12061 d goods inventory 1940 10121 Quarter 2 11800 2900 14702 2360 Total 21500 12342 22463
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