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Windsor Company estimates that unit sales will be 10.300 in quarter 1: 11,500 in quarter 2: 14,400 in quarter 3; and 18.500 in quarter 4. Management wants to have an ending finished goods inventory equal to 20% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first six months of 2022. WINDSOR COMPANY Production Budget For the Six Months Ending June 30, 2022 sales 10300 2300 Desired ending finished goods ished goods inventory Quarter 2 11500 2880 2060 2300 Total 218

Windsor Company estimates that unit sales will be 10.300 in quarter 1: 11,500 in quarter 2: 14,400 in quarter 3; and 18.500 in quarter 4. Management wants to have an ending finished goods inventory equal to 20% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first six months of 2022. WINDSOR COMPANY Production Budget For the Six Months Ending June 30, 2022 sales 10300 2300 Desired ending finished goods ished goods inventory Quarter 2 11500 2880 2060 2300 Total 218

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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Windsor Company estimates that unit sales will be 10.300 in quarter 1: 11,500 in quarter 2: 14,400 in quarter 3; and 18.500 in quarter 4. Management wants to have an ending finished goods inventory equal to 20% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first six months of 2022. WINDSOR COMPANY Production Budget For the Six Months Ending June 30, 2022 sales 10300 2300 Desired ending finished goods ished goods inventory Quarter 2 11500 2880 2060 2300 Total 218
Transcribed Image Text:Windsor Company estimates that unit sales will be 10.300 in quarter 1: 11,500 in quarter 2: 14,400 in quarter 3; and 18.500 in quarter 4. Management wants to have an ending finished goods inventory equal to 20% of the next quarter's expected unit sales. Prepare a production budget by quarters for the first six months of 2022. WINDSOR COMPANY Production Budget For the Six Months Ending June 30, 2022 sales 10300 2300 Desired ending finished goods ished goods inventory Quarter 2 11500 2880 2060 2300 Total 218
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