The Ellis Company is preparing its sales and production budget for 2011.Ellis sells its
product for $37 and thinks it sales in January 2011 will be 230,000 units and this will increase by 10% in February and March and then by 20% for April and May.Ellis has a beginning inventory of 23,000 units and wants to reduce its ending inventory to 1% of the next month's units sales.Create a sales budget (in both units and dollars)and the production budget for the first quarter of the year.

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The Answer of The Ellis Company is preparing its sales and production budget for 2011.Ellis sells its
product for $37 and thinks it sales in January 2011 will be 230,000 units and this will increase by 10% in February and March and then by 20% for April and May.Ellis has a beginning inventory of 23,000 units and wants to reduce its ending inventory to 1% of the next month's units sales.Create a sales budget (in both units and dollars)and the production budget for the first quarter of the year.

The Ellis Company Is Preparing Its Sales and Production Budget