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(Solved) Katherine Company's Sales Budget Has The Following Unit Sales Projection For Each Quarter Of The...


Katherine Company's Sales Budget Has The Following Unit Sales Projection For Each Quarter Of The Calendar Year 2009. January -March 540,000 April-June 680,000 July-September 490,000 October-December 550,000 Total 2,260,000 Sales for the first quarter of 2010 are expected to be 600,000 units. Ending Inventory of finished goods for each quarter is scheduled to equal 5 percent of next quarter's budgeted sales The company is expected to be in compliance with this policy as of December 312008. Develop a quarterly production budget for 2009 and for the year in total. 1.Prepare the beginning inventory for the first 2.Prepare the budgeted beginning inventory for the second - fourth quarters 3.Prepare the budgeted production for each quarter 4.Prepare the budgeted production for the year Please show the step thank you very much

 


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