Use the information provided below to calculate the number ofunits of Product Tex that must be produced for July and August. (4marks)
INFORMATION The estimated sales volume of Product Tex is 25 000units for June, 21 000 units for July, 30 000 units for August and36 000 units for September. The policy of management is to maintainan ending finished goods inventory each month equal to 20% of thecurrent month’s budgeted sales and 30% of the following month’sbudgeted sales.
Use the information provided below to calculate the number of units of Product Tex that must be produced for July and Au
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