Frolic Corporation has budgeted sales and production over the next quarter as follows: July August September...

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Frolic Corporation has budgeted sales and production over the next quarter as follows: July August September...

Frolic Corporation has budgeted sales and production over the next quarter as follows:

	July	August	September
Sales in units	41,500	53,500	?
Production in units	42,550	53,800	58,150

The company has 4,300 units of product on hand at July 1. 10% of the next month's sales in units should be on hand at the end of each month. October sales are expected to be 73,000 units. Budgeted sales for September would be (in units):

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Answer 1

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Answer #1

Budgeted sales for September would be (in units):= 56,500 Units

Working

Production budget
	July	August	September	October
Units to be sold	41,500	53,500	56,500	73,000
Add: Ending Inventory	5,350	5,650	7,300
Units required	46,850	59,150	63,800
Less: Beginning inventory	4,300	5,350	5,650
Units to be produced	42,550	53,800	58,150

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Answer 2

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