Question: Hi! I keep getting this question wrong and am hoping someone can help. Thanks! Down Under Products, Ltd., of Australia has budgeted sales of its
Hi! I keep getting this question wrong and am hoping someone can help. Thanks! 
Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows April May June July Unit Sales 78,000 85,000 118,000 94,000 The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of month inventory levels must equal 20% of the following month's unit sales. The inventory at the end of March was 15,600 units Required Prepare a production budget by month and in total, for the second quarter Down Under Products, Ltd., Production Budget April May June Quarter 78,000 85,000 118,000 281,000 96,800 377,800 56,200 321,600 Budgeted units sales Add: Desired units of ending finished goods inven 17,00023,600 108,600 56,200 Total needs 95,000 174,200 Less: Units of beginning finished goods inventory15,60017,00023,600 Required production in units Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted. 79,400 91,600 150,600
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