The sales department of Macro Manufacturing Co. has forecast sales for its single product to be 20,000

Question:

The sales department of Macro Manufacturing Co. has forecast sales for its single product to be 20,000 units for June, with three-quarters of the sales expected in the East region and one-fourth in the West region. The budgeted selling price is $25 per unit. The desired on June 30 is 2,000 units, and the expected beginning inventory on June 1 is 3,000 units. Prepare the following:
a. A sales budget for June.
b. A production budget for June.
Ending Inventory
The ending inventory is the amount of inventory that a business is required to present on its balance sheet. It can be calculated using the ending inventory formula Ending Inventory Formula =...