Production Budget
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Exercise 9-2 Production Budget [LO3]
Crystal Telecom has budgeted the sales of its innovative mobile phone over the next four months as follows:
Sales in Units
July 30,000
August 45,000
September 60,000
October 50,000
________________________________________
The company is now in the process of preparing a production budget for the third quarter. Past experience has shown that end-of-month inventories of finished goods must equal 10% of the next month's sales. The inventory at the end of June was 3,000 units.
Required:
Show the number of units to be produced each month and for the quarter in total.
Required Production
July
August
September
Quarter
________________________________________
Hint 1
________________________________________
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Response discusses the steps to compute the production Budget
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The company is now in the process of preparing a production budget for the third quarter. Past experience has shown that end-of-month inventories of finished goods must ...
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