Homework Answers
Solution
| ATLANTIC SURF | ||
| Production budget | ||
| July and August | ||
| July | August | |
| Budgeted ending inventory | ||
| July | $ 2,600.00* | |
| August | $ 1,240.00** | |
| Units to be sold | $ 4,600.00 | $ 6,500.00 |
| Required Units of available production | $ 7,200.00 | $ 7,740.00 |
| Less: Beginning inventory | $ 1,840.00 | $ 2,600.00 |
| Units to be produced | $ 5,360.00 | $ 5,140.00 |
*2600=6500 x 40%
**1240= 3100 x 40%
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