explanation for these please

MANAGEMENT ACCOUNTING Mark a BUDGETING - BASIC INVENTORY MANAGEMENT The following is the forecast level of inventory (in units) for Pat La Fontaine Pty Ltd. Work in process - end of year Work in process - start of year Finished goods - start of year Finished goods - end of year 40,000 42,000 37,000 31,000 This year Pat plans to sell 380 000 units. REQUIRED: How many units will Pat need to produce this year ? 1. MANAGEMENT ACCOUNTING Mark a BUDGETING - ADVANCED INVENTORY MANAGEMENT Pat LaFontaine Pty Ltd has budgeted sales for the coming months as follows: January February 320,000 420,000 450,000 260,000 March April May 310,000 Pat wants to avoid losing customers because of production hold-ups. In future, the company will maintain a finished goods inventory on hand equal to one-quarter (25%) of the following month's budgeted sales. At 31 December the company had finished goods stock of 10,000 units. REQUIRED: What is Pat's total budgeted production for the three months Jan, Feb, March? 1