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Calculate budgeted production for the third quarter

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Reference no: EM132949069

The sales budget for Your Company projected quarterly sales for the next years as follows:

Quarter 1: 10,000 units          Quarter 3: 22,000 units

Quarter 2: 18,000 units          Quarter 4: 14,000 units

Problem 1: Company policy is to have a finished goods inventory at the end of each quarter equal to 5 percent of the next quarter's sales. Calculate budgeted production for the third quarter of the next year.

Reference no: EM132949069

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