Question: complete The production budget given the above data in the following: starting in August the company decided the number of units and it's finished goods

2. Complete the Production Budget given the above data and the following: Starting in August the company decided the number of units in its finished goods inventory at each month-end should equal 80% of the next month's budgeted sales. August September October Budgeted Sales 500 Units Next period budgeted sales units Desired ending inventory Total required units Beginning inventory units Units to produce 1. Complete the Sales Budget given the following: Number of units sold will increase by 20% each month over the previous month. August September October Totals Budgeted 500 600 1820 Sales Units Selling Price $75 $75 $75 $75 720 per unit $37,500 $37,500 $45,000 Total Budgeted Sales $1,36,500
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