The company is now in the process of preparing a production

Assignment Help Accounting Basics

Reference no: EM13568215

Crystal Telecom has budgeted the sales of its innovative mobile phone over the next four months as follows:

	Sales in Units
July		22,000
August		35,000
September		57,000
October		51,000

The company is now in the process of preparing a production budget for the third quarter. Past experience has shown that end-of-month finished goods inventories must equal 5% of the next month's sales.

Required:

Prepare a production budget for the third quarter showing the number of units to be produced each month and for the quarter in total. (Do not round intermediate calculations. Input all amounts as positive values.)

Reference no: EM13568215

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