One Device makes universal remote controls and expects to sell 550 units in January, 800...
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Accounting
One Device makes universal remote controls and expects to sell 550 units in January, 800 in February, 450 in March, 600 in April, and 600 in May. The required ending inventory is 10% of the next months sales.
Prepare a production budget for the first four months of the year.
January | February | March | April | |
Expected Sales | ___ | ___ | ___ | ___ |
Add: Beginning Inventory; Add: Desired Ending Inventory; Less: Beginning Inventory; Less: Desired Ending Inventory | ||||
Total Required Units | ___ | ___ | ___ | ___ |
Add: Beginning Inventory; Add: Desired Ending Inventory; Less: Beginning Inventory; Less: Desired Ending Inventory | ||||
Required Production | ___ | ___ | ___ | ___ |
Total | ___ |
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