Question
Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next...
Down Under Products, Ltd., of Australia has budgeted sales of its popular boomerang for the next four months as follows:
| Unit Sales | |||
| April | 60,000 | ||
| May | 80,000 | ||
| June | 100,000 | ||
| July | 85,000 | ||
The company is now in the process of preparing a production budget
for the second quarter. Past experience has shown that end-of-month
inventory levels must equal 20% of the following month’s unit
sales. The inventory at the end of March was 12,000 units.
Required:
Prepare a production budget by month and in total, for the second quarter.
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