Yeah Company expects to sell 1,500 units of finished product in January and 1,85

Question

Yeah Company expects to sell 1,500 units of finished product in January and 1,850 units in February. The company has 250 units on hand on January 1 and desires to have an ending inventory equal to 40% of the next month's sales. March sales are expected to be 1970 units. Prepare Yeah's production budget for January and February Select the labels, enter the amounts and prepare the production budget for January. Then, prepare the production budget for February. Yeah Company Production Budget Two Months Ended January 31 and February, 28 January Plus: Total units needed Less Budget Budgeted units to be sold March sales Selling price per unit Units in beginning inventory Choose from any list or enter any number in the input fields and then click Check Answer.

Explanation / Answer

Prepare production budget for january :

Prepare production budget for February :

Budgeted units to be sold 1500 Add: Desired ending inventory unit (1850*40%) 740 Total needs 2240 Less: Beginning inventory unit (250) Production units 1990

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