Answer the following question(s)using the information below.Furniture Inc.estimates the following number of mattress sales for the first four months of 2019:
Finished goods inventory at the end of December 2018 is 1,500 units.Target ending finished goods inventory is 30% of the next month's sales.
-In going from the sales budget to the production budget, adjustments need to be made for

Question

Answer the following question(s)using the information below.Furniture Inc.estimates the following number of mattress sales for the first four months of 2019:
  Finished goods inventory at the end of December 2018 is 1,500 units.Target ending finished goods inventory is 30% of the next month's sales.
-In going from the sales budget to the production budget, adjustments need to be made for

Quizplus · Accepted Answer

Adjustments are needed for finished goods inventories in order to determine the production budget based on the sales budget. The target ending inventory of 30% of the next month's sales must be taken into account to ensure that the appropriate amount of units are produced to meet demand while also maintaining a desired level of inventory.

Answer the Following Question(s)using the Information Below