Schmidt Corporation manufactures card tables.The company has a policy of maintaining a finished goods inventory equal to 40 percent of the next month's planned sales.Each card table requires 3 hours of labor.The budgeted labor rate for the coming year is $13 per hour.Planned sales for the months of April,May,and June are respectively 4,000;5,000;and 3,000 units.The budgeted direct labor cost for June for Schmidt Corporation is $136,500.What are budgeted sales for July for Schmidt Corporation?

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The Answer of Schmidt Corporation manufactures card tables.The company has a policy of maintaining a finished goods inventory equal to 40 percent of the next month's planned sales.Each card table requires 3 hours of labor.The budgeted labor rate for the coming year is $13 per hour.Planned sales for the months of April,May,and June are respectively 4,000;5,000;and 3,000 units.The budgeted direct labor cost for June for Schmidt Corporation is $136,500.What are budgeted sales for July for Schmidt Corporation?

Schmidt Corporation Manufactures Card Tables