Question: question three: QUESTION 3 13 points Save Answer Keep-it-Hot Inc. manufactures popular thermoses. On June 30, the company had 1,000 thermoses in inventory. Each thermos

question three:

QUESTION 3 13 points Save Answer Keep-it-Hot Inc. manufactures popular thermoses. On June 30, the company had 1,000 thermoses in inventory. Each thermos sells for $8.00. The company's policy is to maintain a termos inventory equal to 10% of next month's sales. The company expects the following sales activity for the thrid quarter of the year. July 7,000 units August 15,000 units September 10,000 units In addition , October's sales are expected to be 9,000 units . A. Prepare a sales budget for the third quarter of the year. B. Prepare a production budget for the third quarter of the year. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)

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