ABC Company's budgeted sales for June, July, and August are 13,800, 17,800, and 15,400 units, respectively. ABC requires 40% of the next month's budgeted unit sales as finished goods inventory each month. Budgeted ending finished goods inventory for May is 5,520 units. Required: Calculate the number of units to be produced in June and July.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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ABC Company's budgeted sales for June, July, and August are 13,800, 17,800, and 15,400 units, respectively. ABC requires 40% of the
next month's budgeted unit sales as finished goods inventory each month. Budgeted ending finished goods inventory for May is 5,520
units.
Required:
Calculate the number of units to be produced in June and July.
Number of units
June
July
Transcribed Image Text:ABC Company's budgeted sales for June, July, and August are 13,800, 17,800, and 15,400 units, respectively. ABC requires 40% of the next month's budgeted unit sales as finished goods inventory each month. Budgeted ending finished goods inventory for May is 5,520 units. Required: Calculate the number of units to be produced in June and July. Number of units June July
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