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  3. a company sells a single product and has budgeted

A company sells a single product and has budgeted sales for the next four months...

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Accounting

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A company sells a single product and has budgeted sales for the next four months as follows: April May June July Unit Sales 78,000 85,000 118,000 94,000 The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of- month inventory levels must equal 20% of the following month's unit sales. The inventory at the end of March was 15,600 units. Required: Prepare a production budget by month and in total, for the second quarter. The Company Production Budget April May June Quarter Budgeted unit sales Total needs Required production in units

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