Benet Company Production Budget
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Benet Company has budgeted the following unit sales:
2013 | 2013 | ||||||
Quarter | Units | Quarter | Units | ||||
1 | 105,000 | 1 | 90,000 | ||||
2 | 60,000 | ||||||
3 | 75,000 | ||||||
4 | 120,000 | ||||||
The finished goods inventory on hand on December 31, 2012 was 21,000 units. It is the company's policy to maintain a finished goods inventory at the end of each quarter equal to 20% of the next quarter's anticipated sales.
Prepare a production budget for 2013.
12 years ago
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benet_company_production_budget_solution.xlsx
