10 acct questions 4

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Vaughn Company estimates that unit sales will be 12,400 in quarter 1, 17,360 in quarter 2, 18,600 in quarter 3, and 22,320 in quarter 4. The unit selling price is $70. Management desires to have an ending �nished goods inventory equal to 25% of the next quarter’s expected unit sales.

Prepare a production budget by quarters for the �rst 6 months of 2022.

VAUGHN COMPANY Production Budget

Quarter

1 2 Six Months

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221 HW6 Ch 24 Ch 25

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221 HW6 Ch 24 Ch 25

Question 2 of 10 - / 1