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Use the information provided below to calculate the number of units of Product Tex that must be produced for July and Au

Posted: Wed Jul 06, 2022 6:00 am
by answerhappygod
Use the information provided below to calculate the number ofunits of Product Tex that must be produced for July and August.
INFORMATION
The estimated sales volume of Product Tex is 25 000 units forJune, 21 000 units for July, 30 000 units for August and 36 000units for September. The policy of management is to maintain anending finished goods inventory each month equal to 20% of thecurrent month’s budgeted sales and 30% of the following month’sbudgeted sales.
2.1
Workings (if any)
July
August
(4 marks)