Tyler Company budgets the following unit sales for the next four months: April, 3,500 units;...
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Accounting
Tyler Company budgets the following unit sales for the next four months: April, 3,500 units; May, 4,400 units; June, 6,500 units; and July, 2,400 units. The companys policy is to maintain finished goods inventory equal to 30% of the next months unit sales. At the end of March, the company had 1,050 finished units in inventory. Prepare a production budget for each of the months of April, May, and June.
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