2023 Benet Company has budgeted the following unit sales 2013 2013 Quarter Units Quarter Units 1 105 000 1 90 000 2 | Assignments Online
2023 Benet Company has budgeted the following unit sales 2013 2013 Quarter Units Quarter Units 1 105 000 1 90 000 2 | Assignments Online
Assignments Online 2023 Business Finance
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.
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