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Answer 1

Answer #1

Production Budget
For the Six Months Ending June 30, 2017
	Quarter
	1	2	Six months
Expected unit sales	10500	12700
Add: Desired ending finished goods inventory	3048	3456
Total required units	13548	16156
Less: Beginning finished goods inventory	2520	3048
Required production units	11028	13108	24136

Workings:
Desired ending finished goods inventory:
Quarter 1 = 12700*24% = 3048
Quarter 2 = 14400*24% = 3456

Beginning finished goods inventory:
Quarter 1 = 10500*24% = 2520

Answer 2

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