Prepare a production budget for the months of april

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Question - Hospitable Co provides the following sales forecast for the next four months:

 

April

May

June

July

Sales (units)

670

750

700

700

The company wants to end each month with ending finished goods inventory equal to 40% of next month's sales. Finished goods inventory on April 1 is 268 units. Assume July's budgeted production is 710 units.

Prepare a production budget for the months of April, May and June.

Reference no: EM131595024

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