Chapter $8$ Budget Exercise $\backslash$begin$\{$tabular$\}\{|$l$|$l$|$l$|$l$|$l$|$l$|$c$|\}$

$\backslash$hline $\backslash$multicolumn$\{1\}\{|$c$|\}\{$ Production Budget $\}$ & Dec & Jan & Feb & Mar & Quarter $1$ & Apr $\backslash \backslash$

$\backslash$hline Budgeted sales $($in units$)$ & & & & & & $\backslash \backslash$

$\backslash$hline $+$ Desired ending inventory & & & & & & $\backslash \backslash$

$\backslash$hline OTotal needs & & & & & & $\backslash \backslash$

$\backslash$hline $-$ Beginning inventory & & & & & & $\backslash \backslash$

$\backslash$hline $=$ Required production $($in units$)$ & & & & & & $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$

hint: The end of quarter desired ending inventory will not be the total of the three months.

hint: The ending balance of one period is the beginning balance of the next so March and the Quarter will have a different beginning inventory