Nafari Company's sales budget has the following unit sales projections for each quarter of Year 4: Quarter Unit Sales January-March 648,000 April-June 816,000 July-September 588,000 October-December 660,000 Total 2,712.000 Sales for the first quarter of Year 5 are expected to be 720,000 units. Ending inventory of finished goods for each quarter is scheduled to equal 10 percent of the next quarter's budgeted sales. The company's ending inventory on December 31, Year 3, is estimated at 56,700 units. Develop a quarterly production budget for Year 4 and for Year 4 in total.

Nafari Company's sales budget has the following unit sales projections for each quarter of Year 4: Quarter Unit Sales January-March 648,000 April-June 816,000 July-September 588,000 October-December 660,000 Total 2,712.000 Sales for the first quarter of Year 5 are expected to be 720,000 units. Ending inventory of finished goods for each quarter is scheduled to equal 10 percent of the next quarter's budgeted sales. The company's ending inventory on December 31, Year 3, is estimated at 56,700 units. Develop a quarterly production budget for Year 4 and for Year 4 in total.

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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