Question

oshua Hill, Coronado & Hill Fabricators' production manager, has just received the company's sales budget for...

oshua Hill, Coronado & Hill Fabricators' production manager, has just received the company's sales budget for the first quarter.

January

February

March

April

May

June

5,000

9,750

8,750

7,250

23,000

20,000


Company policy requires an ending finished goods inventory each month that will meet 5% of the following month's sales volume. Joshua plans to have 1,400 finished bricks at a cost of $12,250 in inventory at the beginning of the year.

Prepare Coronado & Hill's production budget for the first quarter. (Round answers to 0 decimal places, e.g. 5,275.)

January February March Quarter
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The answer has been presented in the supporting sheet. For detailed answer refer to the supporting sheet.

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