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Kitchen Stuff produces spatulas made out of acrylic. The company has estimated sales for June...

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Accounting

Kitchen Stuff produces spatulas made out of acrylic. The company has estimated sales for June at 12,000, July at 12,800, August at 15,000, and September at 16,000 spatulas. The company plans to have 15% of the next month's anticipated unit spatula sales and 22% of the next month's acrylic needed for production on hand at the end of each month. Each spatula uses 7 ounces of acrylic, which is purchased at a cost of $0.22 per ounce. How much is budgeted production for July? Please show calculation.

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