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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Production Budget
se2. Windsor Lock Company’s controller is preparing a production budget for the year. The company’s policy is to maintain a finished goods inventory equal to one-half of the following month’s sales. Sales of 5,000 locks are budgeted for April. Complete the monthly production budget for the first quarter:
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January      February         March
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Sales in units |
5,000 |
 |
4,000 |
 |
6,000 |
Add desired units of ending finished goods inventory |
2,000 |
 |
? |
 |
? |
Desired total units Less desired units of beginning finished goods inventory |
7,000 ? |
 |
? ? |
 |
? ? |
Total production units |
4,500 |
 |
? |
 |
? |
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