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Palmgren Company produces consumer products. The sales budget for four months of the year is...

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Accounting

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Palmgren Company produces consumer products. The sales budget for four months of the year is presented below. Unit Sales Dollar Sales July 31,000 $970,000 August 34,500 1,063,100 September 38,500 1,198,000 October 37,500 1,144,200 Company policy requires that ending inventories for each month be 25 percent of next month's sales. At the beginning of July, the beginning inventory of consumer products met that policy Required: Prepare a production budget for the third quarter of the year. Show the number of units that should be produced each month as well as for the quarter in total. Paimgren Company Production Budget For the Third Quarter July August September Total Unit sales Total needed Units produced Previous Next Check My Work 2 more Check My Work uses remaining Email Instructor Save and Ext Submit Assignment for Grading

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