Tyler Company budgets the following unit sales for the next four months April, 4,000 units, May,...
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Tyler Company budgets the following unit sales for the next four months April, 4,000 units, May, 4,100 units; June, 6,300 units, and July, 2.400 units. The company's policy is to maintain finished goods inventory equal to 40% of the next month's unit sales. At the end of March, the company had 1,600 finished units in inventory. Prepare a production budget for each of the months of April, May, and June. TYLER COMPANY Production Budget April May June Next period budgeted sales units Desired ending inventory units Total required units Units to produce Tyler Company budgets the following unit sales for the next four months April, 4,000 units, May, 4,100 units; June, 6,300 units, and July, 2.400 units. The company's policy is to maintain finished goods inventory equal to 40% of the next month's unit sales. At the end of March, the company had 1,600 finished units in inventory. Prepare a production budget for each of the months of April, May, and June. TYLER COMPANY Production Budget April May June Next period budgeted sales units Desired ending inventory units Total required units Units to produce
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Budgeted sales units Plus desired ending inventory Next period sales ... View the full answer
Related Book For
Fundamental Accounting Principles
ISBN: 978-0077862275
22nd edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
Posted Date:
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