Question: E F G H D THIS SHEET NOT DONE YET When you are finished with this exercise, change the status to DONE ALT-SALES PROD Ferndale

 E F G H D THIS SHEET NOT DONE YET When

E F G H D THIS SHEET NOT DONE YET When you are finished with this exercise, change the status to "DONE" ALT-SALES PROD Ferndale Company is preparing budgets for 2019. Ferndale estimates that unit sales in January will be 24,000 units, February sales will be 26,000 units, and March sales will be 28,000 units. April sales (in units) will be 32,000, May's sales will be 28,000, and June's sales will be 26,000. July's sales are estimated at 26,000 units. The product is priced at $20.00 per unit. Prepare a Sales Budget for the first 6 months of 2019. JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY 26,000 SALES BUDGET 2019 UNITSALES PRICE PER UNIT SALES REVENUE Ferndale wishes to end each month with inventory equal to 25.00% of the following month's sales. The December 2018 inventory was 3,500 units. Prepare a Production budget for the first 6 months of 2019. JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY 26,000 PRODUCTION BUDGET 2019 UNITSALES + DESIRED ENDING INVENTORY SUBTOTAL - BEGINNING INVENTORY UNITS TO PRODUCE

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!