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Surf Inc. has prepared the sales forecast as shown below:                Description   Month 1   Month 2   Month 3  Month 4  Sales Forecast        25,000.00       27,000.00       29,000.00        23,000.00

Surf Inc. has prepared the sales forecast as shown below:                Description   Month 1   Month 2   Month 3  Month 4  Sales Forecast        25,000.00       27,000.00       29,000.00        23,000.00

FINANCIAL ACCOUNTING
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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Surf Inc. has prepared the sales forecast as shown below:    
         
 Description   Month 1   Month 2   Month 3  Month 4
 Sales Forecast        25,000.00       27,000.00       29,000.00        23,000.00
         
Prepare the production budget and show the required production for Months 1-3
         
Beg Inv Month 1         3,500.00      
Required Ending Inventory 15% of the next months budgeted sales
         
 Description   Month 1   Month 2   Month 3   
         
         
         
         
         
         
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