Prepare the company production budget for third quarter

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Question - Basim Supply Corporation manufactures and sells cotton gauze. Expected sales of gauze (in boxes) for upcoming months are as follows:

July 32,000

August 40,000

September 33,000

October 36,000

Management likes to maintain a finished goods inventory equal to 10% of the next month's estimated sales. The inventory at the end of June was 3,200 units.

Required - Prepare the company's production budget for the third quarter of this year (the months of July, August and September). Include a column for each month and a total column for the entire quarter.

Reference no: EM132902531

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