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Business makes and sells backpacks

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1. A business makes and sells backpacks. The business expects the following sales activity for the financial year:

Quarter 1: 4,706 units

Quarter 2: 5,607 units

Quarter 3: 7,031 units

Quarter 4: 4,384 units

Each backpack sells for $120.

Calculate the sales budget for quarter 1.

2. A business makes and sells backpacks. The business expects the following sales activity for the financial year:

Quarter 1: 4,760 units

Quarter 2: 5,425 units

Quarter 3: 7,094 units

Quarter 4: 4,585 units

The business has 400 made backpacks in inventory at the start of quarter 1. The business likes to keep ending inventory of backpacks at 10% of next quarter's sales.

Calculate the production budget for quarter 2. Round your answer to the nearest unit (using normal maths rounding). Round your answer at the end of your calculation.

Reference no: EM133306567

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