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Fanzi Products has budgeted sales of its popular skates for the next four months as...

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Accounting

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Fanzi Products has budgeted sales of its popular skates for the next four months as follows: April. may. June. July Unit Sales 82000 90000 122000 96000 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 15% of the following months unit sales The inventory at the end of March was 12300 units, required prepare a production budget by month and in total for the second quarter

Fanzi Products Limited, has budgeted sales of its popular skates for the next four montha ac followis: The company is now in the process of prepaling a production budget for the second quarter. Past experience has shown that end-of-month inventory levels must equal 15% of the following months unit sales. The inventory at the end of March was 12,300 units. Required: Prepare a production budget by month and in total, for the second quarter

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