Blue Wave Company budgets the following unit sales for the next four months: September, 4,000...
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Accounting
Blue Wave Company budgets the following unit sales for the next four months: September, 4,000 units; October, 5,000 units; November, 7,000 units; and December, 7,600 units. The companys policy is to maintain finished goods inventory equal to 60% of the next months unit sales. At the end of August, the company had 2,400 finished units in inventory. Prepare a production budget for each of the months of September, October, and November.
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