Determine Budgeted Production of quarter 1 to 4 year 2021 Sales Budget (in units) Quarter 1

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Determine Budgeted Production of quarter 1 to 4 year 2021

Sales Budget (in units)

Quarter 1 Quarter 2 Quarter 3 Quarter 4 Total

307,500.00 717,500.00 205,000.00 820,000.00 2,050,000.00 ·

*Sales for 2022 will increase by 25%.

Production Budget

It is the company's policy to maintain quantity of finished goods inventory at the end of each quarter equal to 30% of the next quarter's budgeted sales of units.

I think the problem is silent on what is beginning inventory for quarter 1

Related Book For answer-question

Managerial Accounting Creating Value in a Dynamic Business Environment

ISBN: 978-0078025662

10th edition

Authors: Ronald Hilton, David Platt

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Posted Date: May 13, 2024 01:41 PM

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Determine Budgeted Production of quarter 1 to 4 year 2021 Sales Budget (in units) Quarter 1

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You are correctThe problem doesnt provide the beginning inventory for Quarter 1which is crucial for ... View the full answer

Managerial Accounting Creating Value in a Dynamic Business Environment

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