Brinso Supply Corporation manufactures and sells cotton gauze Expected sales of gauze (in boxes) for upcoming months are as follows: 40,250 34,700 43,150 June July 35,250 August September October November 38,700 December 40,600 41,250 Management likes to maintain a finished goods inventory equal to 10% of the next month's estimated sales. Required: Prepare the company's production budget for the third quarter of this year.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter7: Budgeting
Section: Chapter Questions
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Brinso Supply Corporation manufactures and sells cotton gauze Expected sales of gauze (in boxes) for upcoming months are as
follows:
June
July
August
September
October
November
December
40,250
34,700
43,150
35,250
38,700
40,600
41,250
Management likes to maintain a finished goods inventory equal to 10% of the next month's estimated sales.
Required:
Prepare the company's production budget for the third quarter of this year.
Transcribed Image Text:Brinso Supply Corporation manufactures and sells cotton gauze Expected sales of gauze (in boxes) for upcoming months are as follows: June July August September October November December 40,250 34,700 43,150 35,250 38,700 40,600 41,250 Management likes to maintain a finished goods inventory equal to 10% of the next month's estimated sales. Required: Prepare the company's production budget for the third quarter of this year.
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