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  3. esquire products inc. expects the following monthl

Esquire Products Inc. expects the following monthly sales $ 25,000 July January February March April...

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Accounting

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Esquire Products Inc. expects the following monthly sales $ 25,000 July January February March April May June S 19,000 23,000 26,000 31,000 39,000 21,000 16.000 Auqust 9,000 September 11.000 October 5,000 November 3,000 December Total sales $228,000 Cash sales are 40 percent in a given month, with the remainder going into accounts receivable. All receivables are collected in the month following the sale. Esquire sells all of its goods for $ them for $1 each. Esquire uses level production, and average monthly production is equal to annual production divided by 12 a. Generate a monthly production and inventory schedule in units. Beginning inventory in January is 9,000 units. Esquire Products Inc. Production and Inventory Schedule in Units Beginning Invento Ending Invento Production Sales January February March April May June July August September October 9,000 6,000 7,500 12,500 16,500 23,500 31,500 31,500 29,500 26,000 20,000 10,000 9,500 9,500 9,500 9,500 9,500 9,500 9,500 9,500 9,500 9,500 9,500 9,500 12,500 8,000 4,500 5,500 2,500 1,500 9,500 11,500 13,000 15,500 19,500 10,500 6,000 7,500 12,500 16,500 23,500 31,500 31,500 29,500 26,000 20,000 10,000 9,000

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