Bredder Supply Corporation manufactures and sells cotton gauze. Expected sales of gauze (in boxes) for upcoming months are as follows:
Management likes to maintain a finished goods inventory equal to 20% of the next month's estimated sales.
Required:
Prepare the company's production budget for the third quarter of this year (the months of July, August and September). Include a column for each month and a total column for the entire quarter.
Correct Answer:
Verified
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