Zahn Company budgets sales of 224 units in May and 260 units in June. Each month's ending inventory should be 25% of the next month's sales. The April 30 ending finished goods inventory is 56 units. Prepare the production budget for May. Answer is not complete. ZAHN COMPANY Production Budget Budgeted sales units Add: Desired ending inventory Desired ending inventory units Total required units Less: Beginning inventory units Units to produce May 224 65 289 (56) 298

Zahn Company budgets sales of 224 units in May and 260 units in June. Each month's ending inventory should be 25% of the next month's sales. The April 30 ending finished goods inventory is 56 units. Prepare the production budget for May. Answer is not complete. ZAHN COMPANY Production Budget Budgeted sales units Add: Desired ending inventory Desired ending inventory units Total required units Less: Beginning inventory units Units to produce May 224 65 289 (56) 298

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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