Adelaide Ltd has the following sales forecast in units for the second half of the current year: June 24,000 July 22,000 August 26,000 September 30,000 At the end of each month the company requires: a materials inventory equal to one-month supply needed for production; a finished goods inventory equal to double the following month's budgeted sales. materials required for a unit of production are 2 kilograms (kgs) per unit Determine the budgeted production levels for July.

Answer rating: 100% (QA)

To determine the budgeted production levels for July we need to calculate the total uni... View the full answer