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 1,300 units.
Required:
Prepare a production budget for Willow Products for as many months as is possible.

Question

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 1,300 units.
Required:
Prepare a production budget for Willow Products for as many months as is possible.

Quizplus · Accepted Answer

The Answer of 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 1,300 units.
Required:
Prepare a production budget for Willow Products for as many months as is possible.

Willow Products Expects the Following Sales of Its Single Product