Solution-What is the budgeted beginning balance in units

What is the budgeted beginning balance in units for finished

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Reference no: EM132719352

The following forecasted sales pertain to 123 Company:

Month Sales

June $160,000

July 200,000

August 120,000

September 80,000

?Finished goods inventory as of May 31 6,000 units

This company has a selling price of $5 per unit and expects to maintain ending inventories equal to 25 percent of next month's sales.

Problem 1: What is the budgeted beginning balance in units for finished goods inventory on August 1?

Reference no: EM132719352

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What is the budgeted beginning balance in units for finished

Reference no: EM132719352

Reference no: EM132719352

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