Tough Jeans Company produces two different styles of jeans, Working Life and Social Life. The company sales budget estimates that 400,000 of the Working Life jeans and 250,000 of the Social Life jeans will be sold during the year. The company begins with 9,000 pairs of Working Life and 18,000 pairs of Social Life in finished goods inventory. The company desires ending inventory of 7,500 of Working Life and 10,000 of Social Life. Prepare a production budget for the year ended December 31. Tough Jeans Company Production Budget For the Year Ending December 31 Expected units to be sold Working Life Social Life
Tough Jeans Company produces two different styles of jeans, Working Life and Social Life. The company sales budget estimates that 400,000 of the Working Life jeans and 250,000 of the Social Life jeans will be sold during the year. The company begins with 9,000 pairs of Working Life and 18,000 pairs of Social Life in finished goods inventory. The company desires ending inventory of 7,500 of Working Life and 10,000 of Social Life. Prepare a production budget for the year ended December 31. Tough Jeans Company Production Budget For the Year Ending December 31 Expected units to be sold Working Life Social Life
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:Tough Jeans Company produces two different styles of jeans, Working Life and Social Life. The company sales budget estimates
that 400,000 of the Working Life jeans and 250,000 of the Social Life jeans will be sold during the year. The company begins with
9,000 pairs of Working Life and 18,000 pairs of Social Life in finished goods inventory. The company desires ending inventory of
7,500 of Working Life and 10,000 of Social Life.
Prepare a production budget for the year ended December 31.
Tough Jeans Company
Production Budget
For the Year Ending December 31
Expected units to be sold
Total units required
Total units to be produced
Working Life Social Life
00000
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