Atlantic Surf manufactures surfboards. The company's budgeted sales units for the next three months is shown below. Company policy is to maintain finished goods inventory equal (in units) to 40% of the next month's unit sales. As of June 30, the company has 1,64O finished surfboards in inventory. July 4,100 August 6,400 September Budgeted sales units 4, 300 Prepare the production budget for the months of July and August. ATLANTIC SURE Production Budget July August Add: Desired ending inventory Total required units Units to be produced

Atlantic Surf manufactures surfboards. The company's budgeted sales units for the next three months is shown below. Company policy is to maintain finished goods inventory equal (in units) to 40% of the next month's unit sales. As of June 30, the company has 1,64O finished surfboards in inventory. July 4,100 August 6,400 September Budgeted sales units 4, 300 Prepare the production budget for the months of July and August. ATLANTIC SURE Production Budget July August Add: Desired ending inventory Total required units Units to be produced

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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