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Projected unit sales for Astor Corp. for the last quarter of 2019 are:
October | 10,000 |
November | 15,000 |
December | 20,000 |
Total | 45,000 |
Finished goods inventory on September 30, 2019 was 3,000 units.
Projected sales for January are 25,000 units.
The sales price is $100 per unit.
The company tries to keep ending finished goods inventory of 10% of the following month's expected sales.
a) Sales Budget in units and dollars by month (October, November and December along with the 4th quarter total).
b) Purchases Budget in units for each month (October, November and December along with the 4th quarter total).
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