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The S. Company is preparing its master budget for 2019, relevant are as follows; 1- Sales: Sales for the year are expected to total 1,000,000 units. Quarterly sales are 20%, 20%, 30%, and 30% 2- The sales price is expected to be $ 10 per unit 3- Ending finished goods equals 30% of the next quarter sales volume and the sales volume related to the first quarter of 2020 is expected to be higher 20% of the fourth quarter of 2019
Required :
Question 1- Prepare the Sales Budget for the year 2009
Question 2- Prepare the Production Budget for the year 2009 if the End. Inventory of finished goods for 2008 was 2500 units
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