(Answered) Question - hospitable co provides the following sales

Accounting

Question - Hospitable Co provides the following sales forecast for the next four months:

	April	May	June	July
Sales (units)	670	750	700	700

The company wants to end each month with ending finished goods inventory equal to 40% of next month's sales. Finished goods inventory on April 1 is 268 units. Assume July's budgeted production is 710 units.

Prepare a production budget for the months of April, May and June.

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