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Heather Products expects the following sales of its single product:
| | Units |
| June | 23,000 |
| July | 24,000 |
| August | 25,500 |
| September | 26,000 |
| October | 27,000 |
Heather has an ending finished goods inventory policy of 20% of the next months sales needs.
Required
Prepare a production budget for Heather Products for the quarter ending September 30
| Production Budget For the Quarter Ending September 30 |
| | July | August | September | Total |
| Budgeted unit sales | 24,000selected answer correct | 25,500selected answer correct | 26,000selected answer correct | 75,500selected answer correct |
| Plus: Ending finished goods inventory | 5,100selected answer correct | 5,200selected answer correct | 5,400selected answer correct | 15,700selected answer incorrect |
| Less: Beginning finished goods inventory | (4,800)selected answer correct | (5,100)selected answer correct | (5,200)selected answer correct | (15,100)selected answer incorrect |
| Budgeted production (units) | 24,300selected answer correct | 25,600selected answer correct | 26,200selected answer correct | 76,100 |
how on earth is this wrong??
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