Nafari Companys sales budget has the following unit sales projections for each quarter of calendar year 2011:

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Nafari Company’s sales budget has the following unit sales projections for each quarter of calendar year 2011:

January–March ..........1,080,000

April–June ...........1,360,000

July–September ......... 980,000

October–December .........1,100,000

Total ..............4,520,000

Sales for the first quarter of 2012 are expected to be 1,200,000 units. Ending inventory of finished goods for each quarter is scheduled to equal 10 percent of the next quarter’s budgeted sales. The company’s Ending inventory on December 31, 2010, is estimated at 94,500 units. Develop a quarterly production budget for 2011 and for the year in total.


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 =...
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Cost Accounting Foundations and Evolutions

ISBN: 978-1111626822

8th Edition

Authors: Michael R. Kinney, Cecily A. Raiborn

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