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  3. question 1: production budget the firm's inventory

Question 1: Production budget The firm's inventory policy is to have ending inventory equal to...

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Accounting

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Question 1: Production budget The firm's inventory policy is to have ending inventory equal to 10% of next month's sales. Fill in the missing numbers. February March Enter a number Ending inventory x x 3,500 Beginning inventory X X X Budgeted sales 10,000 14,000 16,000 Budgeted production (If you get stuck on the beginning inventory for February: it is equal to the ending inventory for January, which you can compute with the available data on February sales)

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