Willow Products expects the following sales of its single pr

Willow Products expects the following sales of its single product:

Willow Products desires an ending finished goods inventory to be equal to 30% of the next month’s sales needs. Actual March 1 inventory is projected to be 1,680 units.

Units
March 5,600
April 6,600
May 7,650
June 8,250
July 9,300
Willow Products expects the following sales of its single product: Units March 5,600 6,600 7,650 June 8,250 July 9,300 April May Willow Products desires an ending finished goods inventory to be equal to 30% of the next month\'s sales needs. Actual March 1 inventory is projected to be 1,680 units Required Prepare a production budget for Willow Products for as many months as is possible March April May June July Sales Ending Inv Beginning Inv Production

Solution

PARTICULARS MARCH APRIL MAY JUNE JULY Sales 5600 6600 7650 8250 9300 Ending Inv 1680 1980 2295 2475 2790 Beginning inv 1680 1680 1980 2295 2475 Production(Sales+ending Inv-Beginning Inv) 5600 6900 7965 8430 9615
Willow Products expects the following sales of its single product: Willow Products desires an ending finished goods inventory to be equal to 30% of the next mon

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