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QS 20-8(Algo) Manufacturing: Production budget LO P1 Forrest Company manufactures phone chargers and...

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Accounting

QS 20-8(Algo) Manufacturing: Production budget LO P1
Forrest Company manufactures phone chargers and has a policy that ending inventory should equal 30% of the next month's budgeted unit sales. October's ending inventory equals 108,000 units. November and December sales are budgeted to be 360,000 units and 310,000 units, respectively.
Prepare the production budget for November.
\table[[FORREST COMPANY,],[Production Budget,],[Budgeted sales units,November],[Add: Desired ending inventory,],[Next period budgeted sales units,],[Budgeted sales units,],[Desired ending inventory units,],[Lotal required units,],[Less: Beginning inventory units,]]
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