Question: Windsor Lock Companys controller is preparing a production budget for the year. The companys policy is to maintain a finished goods inventory equal to one-half

Windsor Lock Company€™s controller is preparing a production budget for the year. The company€™s policy is to maintain a finished goods inventory equal to one-half of the following month€™s sales. Sales of 5,000 locks are budgeted for April. Complete the monthly production budget for the firstquarter:

January February March 4,000 Sales in units 5,000 7,000 4,500 6,000 Add desired units of ending finished goods inventory 20002 Desired total units Less desired units of beginning finished goods inventory2 Total production units

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