Question: Diamond Toasters Production Budget You nave been asked to prepare the production budget for Diamond Toasters. To keep production and sales moving smoothly, the

Diamond Toasters Production Budget You nave been asked to prepare the production budget for Diamond Toasters. To keep production and sales moving smoothly, the company has the following inventory uirements: 1 _ the finished goods inventory on hand at the end ot each month must be equal Ito 24,000 units plus 20% ot next month's sales. The finishedgoods inventory on March 31 IS 28,000 units. 2. The company mainteains no work in rocess inventories The sales budget tor Diamond Toasters over the next 4 months is: April May June July A. Prepare a Budgeted Sales in Units 32,000 28,000 34,000 36,000 roduction budget tor Diamond Toasters tor April, May and June
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