Grisham Products expects the following sales of its single product:
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Units |
March |
5,600 |
April |
6,500 |
May |
7,550 |
June |
8,100 |
July |
8,900 |
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Grisham Products desires an ending finished goods inventory to be equal to 30% of the next month's sales needs. Actual March 1 inventory is projected to be 1,680 units.
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Required: |
Prepare a production budget for Grisham Products for as many months as is possible. (Input all answers as positive values.)
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March |
April |
May |
June |
July |
Sales |
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Ending inv. |
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Beginning inv. |
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Production |
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