The Waverly Company has budgeted sales for next year as follows: The ending inventory of finished goods for each quarter should equal 25% of the next quarter's budgeted sales in units.The finished goods inventory at the start of the year is 3,000 units.Scheduled production for the third quarter should be:

Question

Quizplus · Accepted Answer

11eaaee8_6710_7a19_933a_4bc74bb365f2_TB5186_00 Units produced = Ending inventory + Units sold - Beginning inventory
= (16,000 F1F1F1S1F1F1F10 25%) + 18,000 - (18,000 F1F1F1S1F1F1F10 25%)
= 4,000 + 18,000 - 4,500 = 17,500

The Waverly Company Has Budgeted Sales for Next Year as Follows