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How much is production budget for January

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Reference no: EM132963731

Question - Salem Inc. makes industrial solvents. In the first 4 months of the coming year, Salem expects the following unit sales:

January 41,000

February 38,000

March 50,000

April 51,000

Salem's policy is to have 25% next month's sales in ending inventory. On January 1, it is expected that there will be 6,700 units drums of solvent on hand. How much is production budget for January? How much is production budget for February? How much is production budget for March?

Reference no: EM132963731

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