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  3. heather products expects the following sales of it

Heather Products expects the following sales of its single product: ...

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Question

Accounting

Heather Products expects the following sales of its single product:

Units
June 23,000
July 24,000
August 25,500
September 26,000
October 27,000

Heather has an ending finished goods inventory policy of 20% of the next months sales needs.

Required

Prepare a production budget for Heather Products for the quarter ending September 30
Production Budget For the Quarter Ending September 30
July August September Total
Budgeted unit sales 24,000selected answer correct 25,500selected answer correct 26,000selected answer correct 75,500selected answer correct
Plus: Ending finished goods inventory 5,100selected answer correct 5,200selected answer correct 5,400selected answer correct 15,700selected answer incorrect
Less: Beginning finished goods inventory (4,800)selected answer correct (5,100)selected answer correct (5,200)selected answer correct (15,100)selected answer incorrect
Budgeted production (units) 24,300selected answer correct 25,600selected answer correct 26,200selected answer correct 76,100

how on earth is this wrong??

Answer & Explanation Solved by verified expert
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