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Exercise 20-4(Algo) Manufacturing: Production budget LO P1 Blue Wave Company budgets the following...

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Accounting

Exercise 20-4(Algo) Manufacturing: Production budget LO P1
Blue Wave Company budgets the following unit sales for the next four months: September, 3,600 units; October, 4,900 units; November, 6,300 units; and December, 8,300 units. The company's policy is to maintain finished goods inventory equal to 60% of the next month's unit sales. At the end of August, the company had 2,160 finished units in inventory.
Prepare a production budget for each of the months of September, October, and November.
\table[[BLUE WAVE COMPANY],[Production Budget,,],[,September,October,November,],[,,,,],[,,,,],[Next period budgeted sales units,,,,],[,,%,,],[Desired ending inventory units,,,,],[Total required units,,,,]]
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