Jameson Ltd operates over 13 periods a year. Each period consists of four weeks with five working days in each week. 

The sales for the next four periods are expected to be as follows:

Assume that sales accrue evenly within each period. The inventory at the start of period 1 was 3680 units. 

It is the company's policy to maintain the closing inventory of units at a level that is sufficient to cover eight days of sales for the next period. 

However, storage constraints restrict inventory to a maximum of 4000 units. Prepare the production budget in units for each period for periods 1-3.

Transcribed Image Text:

Period 1 Period 2 Period 3 Period 4 9 800 Sales (units) 9 200 10 400 9 600