Question: help me please Current Attempt in Progress Concord Company estimates that unit sales will be 11,200 in quarter 1,15,680 in quarter 2,16,800 in quarter 3,

Current Attempt in Progress Concord Company estimates that unit sales will be 11,200 in quarter 1,15,680 in quarter 2,16,800 in quarter 3, and 20,160 in quarter 4. The unit selling price is $70. Management desires to have an ending finished goods inventory equal to 25% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first 6 months of 2022. CONCORD COMPANY Production Budget Quarter Total Materials Required Beginning Direct Materials Desired Ending Finished Goods Inventory Direct Materials Per Unit Required Production Units Total Required Units Deglaning Finished Coods Inventory Direct Materlats Purchases Desired Ending Direct Materials Expected Unit Sales
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
