16 Aug Initial Situation Hospitable co provides the following sales for the next 4 months
Initial Situation
Hospitable co provides the following sales for the next 4 months
April May June July
Sales unit 500 580 540 620
The company wants to end each month with ending finished goods inventory equal to 25% of next months sales. Finished goods inventory on April 1 is 190 units . Assume July’s budgeted production is 540 units. Preapare production budget for the month’s of April, may and june
for this assignment please explain in detail the initial situation the requirements then provide complete solution to the questions explained on calculations and provide four scholarly references and text book as reference for the data and report should be 4-5 pages .
Solution : is attached in the excel sheet
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