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Make a production budget for xo

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Reference no: EM132662377

XO Manufacturing's sales budget showed the following projections, by quarter, for the next six quarters:

Quarter         1st 2021         2nd 2021          3rd 2021          4th 2021           1st 2022             2nd 2022

Units           25,000             30,000            30,000           35,000            32,000               35,000

  • Inventory on December 31 of 2020 is expected to be 2,500 units.
  • The quantity of finished goods inventory at the end of each quarter is to equal 10%of the next quarter's budgeted units to be sold.

Required:

Problem 1: Make a Production Budget for XO for 2021 showing each quarter and the year.

Reference no: EM132662377

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