QS $20-8($Algo$)$ Manufacturing: Production budget LO P$1$

Forrest Company manufactures phone chargers and has a policy that ending inventory should equal $25\%$ of the next month's budgeted unit sales. October's ending inventory equals $110,000$ units. November and December sales are budgeted to be $440,000$ units and $390,000$ units, respectively.

Prepare the production budget for November.

$\backslash$table$[[$FORREST COMPANY$],[$Production Budget,$],[$Budgeted sales units,$],[$Rdd: Desired ending inventory,$],[$Ratio of inventory to future sales,$],[$Desired ending inventory units,$],[$Total required units,$],[$Units to produce,$]]$