Below is the sales budget (in units) of ABS Co. for the second half of 2021: July: 100,000 August: 90,000 September: 90,000 October: 80,000 November: 70,000 December: 70,000. The company's projection is to have inventory on hand at end of each month equal to 70% of sales of next month. It is assumed that inventory at end of June 2021 will meet this requirement and that 80,000 units will be sold in Jan. 2022.What is the total production budget in units for the 6 months' period ending December 31,2021? 479,000 486,000 524,000 556,000

Below is the sales budget (in units) of ABS Co. for the second half of 2021: July: 100,000 August: 90,000 September: 90,000 October: 80,000 November: 70,000 December: 70,000. The company's projection is to have inventory on hand at end of each month equal to 70% of sales of next month. It is assumed that inventory at end of June 2021 will meet this requirement and that 80,000 units will be sold in Jan. 2022.What is the total production budget in units for the 6 months' period ending December 31,2021? 479,000 486,000 524,000 556,000

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 4EA: One Device makes universal remote controls and expects to sell 500 units in January, 800 in...

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