Tyler Company budgets the following unit sales for the next four months: April, 3,000 units; May,...

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Tyler Company budgets the following unit sales for the next four months: April, 3,000 units; May, 4,000 units; June, 6,000 units; and July, 2,000 units. The company's policy is to maintain finished goods inventory equal to 30% of the next month's unit sales. At the end of March, the company had 900 finished units in inventory. Prepare a production budget for each of the months of April, May, and June. Next period budgeted sales units Desired ending inventory units Total required units Units to produce TYLER COMPANY Production Budget April May June % % % Tyler Company budgets the following unit sales for the next four months: April, 3,000 units; May, 4,000 units; June, 6,000 units; and July, 2,000 units. The company's policy is to maintain finished goods inventory equal to 30% of the next month's unit sales. At the end of March, the company had 900 finished units in inventory. Prepare a production budget for each of the months of April, May, and June. Next period budgeted sales units Desired ending inventory units Total required units Units to produce TYLER COMPANY Production Budget April May June % % %

Answer rating: 100% (QA)

To create a production budget for Tyler Company follow these steps Determine desired ending inventor... View the full answer