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Exercise 8-2 (Algo) Production Budget [LO8-3] Down Under Products, Limited of Australia has budgeted sales...

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Accounting

Exercise 8-2 (Algo) Production Budget [LO8-3]

Down Under Products, Limited of Australia has budgeted sales of its popular boomerang for the next four months as follows:

Unit Sales
April 54,000
May 75,000
June 94,000
July 82,000

The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-of-month inventory levels must equal 20% of the following months unit sales. The inventory at the end of March was 10,800 units.

Required:

Prepare a production budget by month and in total, for the second quarter.

image Exercise 8-2 (Algo) Production Budget [LO8-3] Down Under Products, Limited of Australia has budgeted sales of its popular boomerang for the next four months as follows: The company is now in the process of preparing a production budget for the second quarter. Past experience has shown that end-0 month inventory levels must equal 20% of the following month's unit sales. The inventory at the end of March was 10,800 units. Required: Prepare a production budget by month and in total, for the second quarter
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