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Lowell Company makes and sells artistic frames for pictures. The controller is responsible for preparing the master budget an

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LOWELL COMPANY
Production budget
Jan Feb Mar Total
Expected Unit Sales 10000 11000 8000 29000
Add: Desired Ending Finished Goods Unit 14200* 11200** 11200*** 11200
Total Required 24200 22200 19200 40200
Less : Beginning Finished Goods Unit 14400 14200 11200 14400
Required Production Units 9800 8000 8000 25800

*11000+(8000 x 40%)

**8000+(8000 x 40%)

***8000+(8000 x 40%)

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