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Tyler Company budgets the following unit sales for the next four months: April, 3,300 units; May, 4,400 units; June, 6,400 units; and July, 2,200 units. The company's policy is to maintain finished goods inventory equal to 40% of the next month's unit sales. At the end of March, the company had 1,320 finished units in inventory. Prepare a production budget for each of the months of April, May, and June. Next period budgeted sales units Desired ending inventory units Total required units Units to produce TYLER COMPANY Production Budget April May June % % %

Tyler Company budgets the following unit sales for the next four months: April, 3,300 units; May, 4,400 units; June, 6,400 units; and July, 2,200 units. The company's policy is to maintain finished goods inventory equal to 40% of the next month's unit sales. At the end of March, the company had 1,320 finished units in inventory. Prepare a production budget for each of the months of April, May, and June. Next period budgeted sales units Desired ending inventory units Total required units Units to produce TYLER COMPANY Production Budget April May June % % %

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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Tyler Company budgets the following unit sales for the next four months: April, 3,300 units; May, 4,400 units; June, 6,400 units; and July, 2,200 units. The company's policy is to maintain finished goods inventory equal to 40% of the next month's unit sales. At the end of March, the company had 1,320 finished units in inventory. Prepare a production budget for each of the months of April, May, and June. Next period budgeted sales units Desired ending inventory units Total required units Units to produce TYLER COMPANY Production Budget April May June % % %
Transcribed Image Text:Tyler Company budgets the following unit sales for the next four months: April, 3,300 units; May, 4,400 units; June, 6,400 units; and July, 2,200 units. The company's policy is to maintain finished goods inventory equal to 40% of the next month's unit sales. At the end of March, the company had 1,320 finished units in inventory. Prepare a production budget for each of the months of April, May, and June. Next period budgeted sales units Desired ending inventory units Total required units Units to produce TYLER COMPANY Production Budget April May June % % %
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