Question 1: Production budget The firm's inventory policy is to have ending inventory equal to 10%...
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Question 1: Production budget The firm's inventory policy is to have ending inventory equal to 10% of next month's sales. Fill in the missing numbers. February March 8,000 Ending inventory Beginning inventory Budgeted sales Budgeted production (If you get stuck on the beginning inventory for February: it is equal to the ending inventory for January, which you can compute with the available data on February sales) April 4,000 13,000 18,000 Question 1: Production budget The firm's inventory policy is to have ending inventory equal to 10% of next month's sales. Fill in the missing numbers. February March 8,000 Ending inventory Beginning inventory Budgeted sales Budgeted production (If you get stuck on the beginning inventory for February: it is equal to the ending inventory for January, which you can compute with the available data on February sales) April 4,000 13,000 18,000
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