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What is budgeted production for January, February and March

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Question - Company A sells on credit and collects 30% of the cash from the sale in the month of the sale. Then after the sale, it collects 50% in the month and the remaining 20% next month.

Budgeted sales in the first 4 months (January to April) are 20,000, 25,000, 30,000 and 10,000. Company A always has 20% of next month's sales in inventory at the end of each month.

What is budgeted production for January, February and March?

Reference no: EM132966888

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